Orangevale, CA 95662
Orangevale, CA 95662
Orangevale, CA 95662
Listed by David Howarth • The Pinza Group, Inc
Bought with David Howarth • OBPINZA
$500,000
Est. payment /mo
Est.Price: ?

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2,180 SqFt
SOLD DATE : 06/05/2023

Key Details

Sold Price $500,000

Property Type Commercial/Industrial

Sub Type Commercial Property

Listing Status Sold

Purchase Type For Sale

Square Footage 2,180 sqft

Price per Sqft $229

MLS Listing ID EB41005301

Year Built 1958

Lot Size 8,670 Sqft

Property Sub-Type Commercial Property

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.

Location

State CA

County Sacramento

Area Other Area

Exterior

Exterior Feature Other

Parking Features Other

Garage Spaces 20.0

Roof Type Other

Others

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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