Lucille's - Restaurant FOR SALE


Rocklin, CA 95765- Outer Roseville/Rocklin
$8,785,000 USD
916-462-6205
Lucille's, Rocklin, CA for Sale
$8,785,000 USD
Restaurant - FOR SALE
1/7
null | 6% Cap Rate


HIGHLIGHTS

  • Long Term True NNN Corp. Lease by Lucille’s Restaurant- Recent Extension of Additional 5 Yrs.
  • High Profile Outparcel at Blue Oaks Town Center (600K SF)- Sportsman Warehouse/Hobby Lobby
  • Very Affluent Suburb of Roseville ($154,447 HHI)- One of the Fastest Growing Counties in California
  • Main/Main Grocery Anchored Regional Power Center- Dense Retail & Commercial Hub- Huge Growth
  • Proven Site with Strong Sales over $7.575M+ and Corp Guarantee- Voted “Best of the Best BBQ” 2022
  • Large 1.3 Acre Parcel- Tremendous Visibility (Main Egress/Ingress)- National Anchors/Traffic Generators

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to purchase a single tenant absolute NNN lease that is fully occupied by Lucille’s Smokehouse Bar-B-Que with 10 lease years remaining and a 5 year option period. Located in Rocklin, CA, a suburb of Sacramento, this site is an outparcel PAD to Blue Oaks Town Center with anchor tenants including RC Willey, Sportsman’s Warehouse, Grocery Outlet, Hobby Lobby, and Blue Oaks Century Theatre. Positioned on the hard corner signalized intersection of Lonetree Blvd and Adams Dr the subject property has a combined traffic count of over 35,578 VPD with State Route 65 (97,000+ VPD) less than a mile away. The large 1.3 acre PAD has desirable site fundamentals with an abundance of parking, multiple entrances and exits, and strong demographics—ideal for cross shopping synergies. This is a great opportunity to purchase a long-term absolute NNN lease restaurant positioned in a dominant retail location with 10 lease years remaining and a 5 year option period.

FOR SALE DETAILS

PRICE

$8,785,000 USD

PRICE/SF

$879 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New NNN Extension- Strong Sales- A Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

PD-BP/C/LI

APN/PARCEL ID

487-010-008

ASK ABOUT THIS PROPERTY

Mark PalmerPalmer Capital, Inc.More Info
916-462-6205

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Mark PalmerPalmer Capital, Inc.More Info
916-462-6205

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