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Orangevale, CA 95662
  • $599,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: MR41005301
$599,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Description

NNN investment with 5 year lease at $3,000/month. 6.0% cap rate! Commercial retail property and current location of Sacramento Smog & Auto Repair. The property was built in 1958 and offers approximately 2,180 square feet of rental space and sits on a 8,670 square foot lot with room for ample parking. The property is being offered with an absolute NNN lease with 5 years term and 2.5% annual rent increases. The owner/tenant will be responsible for all expenses including property tax, interior and exterior maintenance, insurance, and all utilities. All deferred maintenance has been addressed resulting in a stress-free, turn-key, property with zero management responsibilities.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-11-30T23:49:35.82. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Hansen, DRE#01168621 | eXp Realty of California, Inc. CA DRE#01878277.

Licensed in the State of California.
Website powered by BoomTown.
www.jeffreyhansen.com/homes/132123533
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Orangevale, CA 95662

  • Price: $599,000
  • Status: Active
  • On Site: 109 Days
  • ID#: MR41005301
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1958
Built
Neighborhood:
Sacramento County
County:
Sacramento
Area:
Sacramento County
Property Description
NNN investment with 5 year lease at $3,000/month. 6.0% cap rate! Commercial retail property and current location of Sacramento Smog & Auto Repair. The property was built in 1958 and offers approximately 2,180 square feet of rental space and sits on a 8,670 square foot lot with room for ample parking. The property is being offered with an absolute NNN lease with 5 years term and 2.5% annual rent increases. The owner/tenant will be responsible for all expenses including property tax, interior and exterior maintenance, insurance, and all utilities. All deferred maintenance has been addressed resulting in a stress-free, turn-key, property with zero management responsibilities.
Exterior Features

Construction Type Other Exterior Other Garage Parking Other Location Other Roof Other

Interior Features

Structure Sq Ft 2180

Property Features

Additional Listing Info Not Applicable City Name Orangevale Cross Street Greenback Ln Lot Size Area Maximum 8670.00 Present Use Retail Restrictions Other Zoning 000

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of David Howarth of The Pinza Group, Inc: (510) 822-1331.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-11-30T23:49:35.82. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Hansen, DRE#01168621 | eXp Realty of California, Inc. CA DRE#01878277.

Licensed in the State of California.
Website powered by BoomTown.
 
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Jeff Hansen, DRE#01168621 | eXp Realty of California, Inc. CA DRE#01878277
2059 Camden Ave., #287
San Jose CA, 95124