Freestanding Office/Retail Corner
For Sale
Contact for pricing
7300-7310 Fair Oaks Blvd, Carmichael, CA 95608
Freestanding office/retail building at Fair Oaks Boulevard and Sutter Avenue with strong daily visibility and on-site parking.
Property Size11,044 SF
Price / SF$144.88
Days on Market968
Property Features for 7300-7310 Fair Oaks Blvd
General Information
Standard status
Active
Size
11,044 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Building Details
Buildings
1
Building Size
11,044 SF
Tenancy
Multi
Listing Agency:
Colliers | Sacramento
(916) 549-6376
Listed By:
Scott Bennett · License #01351389
(916) 549-6376
Source:
Moodyscre
Added: Dec 7, 2023
Changed: Jul 30
Last Checked: Aug 1 at 8:43AM
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.
7300 and 7310 Fair Oaks Boulevard together comprise an 11,044 SF freestanding office/retail building located in Carmichael. The properties sit at the corner of Fair Oaks Boulevard and Sutter Avenue and are well parked.
The site offers visibility to 45,000 cars passing daily. Plans to remodel the exterior have already been drawn, with exterior renovation coming soon. The current buildings have two tenants, which could potentially provide income to a purchaser.
The combined configuration is suitable for office, medical, dental, and retail uses, providing flexibility for an owner-operator or an investor seeking adaptable space at a high-exposure intersection.
The site offers visibility to 45,000 cars passing daily. Plans to remodel the exterior have already been drawn, with exterior renovation coming soon. The current buildings have two tenants, which could potentially provide income to a purchaser.
The combined configuration is suitable for office, medical, dental, and retail uses, providing flexibility for an owner-operator or an investor seeking adaptable space at a high-exposure intersection.
Key Highlights
- Combined 7300 and 7310 Fair Oaks Boulevard freestanding office/retail building totaling 11,044 SF
- Corner location at Fair Oaks Boulevard and Sutter Avenue
- Visible to 45,000 cars passing daily
Financial Insights For Healthcare Medical
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 | $202.8k | $18.36 |
| − Vacancy | −$15.4k | −$1.40 |
| EGI | $187.4k | $16.96 |
| − OpEx | −$74.9k | −$6.79 |
| NOI | $112.4k | $10.18 |
11,044 SF · lease $18.36/SF/yr · vacancy 7.60% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.47M
$2.16M – $2.88M
NOI $172,718 @ 7.0% cap · market cap 10.79%
Second Best
Healthcare Medical
$1.61M
$1.41M – $1.87M
NOI $112,414 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,952 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 95608, CA
65,367
Population
27,312
Households
2.4
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
13.2 sq mi
ZIP Area
4,952
Density / Sq Mi
$83,638
Median Household Income
$45,625
Median Earnings
$1,549
Median Rent
$565,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding office/retail building at Fair Oaks Boulevard and Sutter Avenue with strong daily visibility and on-site parking.
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: Combined 7300 and 7310 Fair Oaks Boulevard freestanding office/retail building totaling 11,044 SF; Corner location at Fair Oaks Boulevard and Sutter Avenue; Visible to 45,000 cars passing daily
