6717 Auburn Blvd - Auto Repair FOR SALE


Citrus Heights, CA 95621
$2,154,000 USD
760-642-9942
6717 Auburn Blvd, Citrus Heights, CA for Sale
$2,154,000 USD
Auto Repair - FOR SALE
1/2
null | 6.5% Cap Rate

6717 Auburn Blvd
Citrus Heights, CA 95621


HIGHLIGHTS

  • Long-Term Automotive Use – Since 1984
  • Recent Backfill – ±$250k in tenant improvements recently invested into the building.
  • NN+ Lease with Limited LL Responsibilities – Recent upgrades include a roof, façade, and more.
  • Corporate Lease- Oil Changes is an actively expanding national quick lube chain with 180+ locations.
  • Rent Increases – 10% increases every 5 years provide an effective hedge against inflation
  • Strong Demographics – ±167,000 population in a 3-mi radius.

OVERVIEW

David Harrington License No. 01320460 (CA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245

FOR SALE DETAILS

PRICE

$2,154,000 USD

PRICE/SF

$1,064 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OIL CHANGERS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

LC, Citrus Heights

APN/PARCEL ID

211-0123-023

ASK ABOUT THIS PROPERTY

Jack KulickMatthews Real Estate Investment ServicesMore Info
760-642-9942

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Jack KulickMatthews Real Estate Investment ServicesMore Info
760-642-9942

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.