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Carmichael Office/Retail Building For Sale

7300-7310 Fair Oaks Blvd Carmichael, CA

7300-7310 Fair Oaks Blvd, Carmichael, CA, 00000
Contact for pricing
For Sale
Contact for pricing

11,044 SF office/retail building in the heart of Carmichael, CA.

Property Size11,044 SF
Lot Size0.82 Acres
Price / SF$144.88
Days on Market957

Property Features for 7300-7310 Fair Oaks Blvd

General Information

Standard status
Active
Size
11,044 SF
Lot size
0.82 Acres
Property subtype
OFFICE

Properties For Sale

at 7300-7310 Fair Oaks Blvd Contact us
Listing Agency Colliers | Sacramento
Listed by Scott Bennett · License #01351389
Source Moodyscre
Added: Dec 7, 2023 Updated: Jul 10 at 11:48 am Checked: Jul 19 at 5:26 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Sacramento


Investment Insights

Based on property information with market context.

Located in Carmichael, California, this property features an approximately 11,044 square foot freestanding office/retail building. Situated at the corner of Fair Oaks Boulevard and Sutter Avenue, the location benefits from high visibility, with 45,000 cars passing daily. The property is well-parked. Plans to remodel the exterior have already been drawn. The buildings currently have two tenants that could potentially provide income to a purchaser. The property is suitable for office, medical, dental, and retail uses. Exterior renovation is upcoming.

Key Highlights

  • High visibility location on Fair Oaks Boulevard with 45,000 cars passing daily.
  • Freestanding building with ±11,044 SF suitable for office, medical, dental, or retail use.
  • Located in the heart of Carmichael at the corner of Fair Oaks Boulevard and Sutter Avenue.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $217.3k $19.68
− Vacancy −$12.0k −$1.08
EGI $205.4k $18.60
− OpEx −$61.6k −$5.58
NOI $143.8k $13.02
11,044 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.47M
$2.16M – $2.88M (±1% cap)
NOI $172,718 @ 7.0% cap · market cap 10.79%
Second Best
Retail
$2.05M
$1.80M – $2.40M (±1% cap)
NOI $143,774 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M (±1% cap)
NOI $205,952 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 11,044 SF office/retail building in the heart of Carmichael, CA.
Where is this office building located?
The property is located at 7300-7310 Fair Oaks Blvd Carmichael, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High visibility location on Fair Oaks Boulevard with 45,000 cars passing daily.; Freestanding building with ±11,044 SF suitable for office, medical, dental, or retail use.; Located in the heart of Carmichael at the corner of Fair Oaks Boulevard and Sutter Avenue.
Contact an agent
(916) 549-6376 Call to check price and availability
More about this property
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