About This Restaurant
Investment Highlights
Please call the agent to discuss Tenant?s current lease terms. Tenant is responsible for all utilities (water,sewer,electrica, waste) Building and Monument Signage Prime location in Carmichael, CA, with high visibility and easy access from Fair Oaks Blvd. Situated in a high-traffic area with excellent visibility Proximity to residential neighborhoods and all amenities
Executive Summary
This free-standing restaurant building at 6400 Fair Oaks Blvd. provides a distinct opportunity for restaurateurs and investors. Situated on ?0.33 acres, the building features a ?4,570 square foot free-standing restaurant with an existing Tenant.Offering an exceptional investment opportunity, this property is ideal for those seeking a well-positioned, free-standing restaurant building in Carmichael's prime corner location. The building includes a spacious dining area, fully equipped kitchen, ample parking, and prominent visibility on Fair Oaks Blvd. in Carmichael, complete with Monument Signage.Carmichael is a vibrant community with a strong local economy, a growing population, and established neighborhoods. Despite the competitive nature of the restaurant industry in the area, there are significant opportunities for growth and success. The property's strategic location and high visibility make it an attractive investment option. Moreover, Carmichael has recently lifted the ban on drive-thru, further enhancing the property's appeal. For details on the current lease terms, please contact the agent.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 4,570
- Building Class C
- Year Built 1985
- Price 1,500,000
- Price Per SF 328
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.32
- Land Acres 0.33 AC
Amenities
- Bus Line
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
Property Taxes
Parcel Number | 273-0131-032 | Improvements Assessment | $295,800 (2023) |
Land Assessment | $787,950 (2023) | Total Assessment | $1,083,750 (2023) |
Date Created: | 2024-07-16 04:09:23 | Last Updated: | 2024-07-16 04:09:23 |
Address: | 6400 Fair Oaks Blvd , Carmichael, California, 95608 |