Carmichael Office/Retail Building For
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
(916) 549-6376
Listed by
Scott Bennett · License #01351389
(916) 549-6376
Source
Moodyscre
Added: Dec 7, 2023 Updated: Jul 10 at 11:48AM Checked: Jul 21 at 6:19AM
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
NOI $172,718 @ 7.0% cap · market cap 10.79%
Second Best
Retail
$2.05M
$1.80M – $2.40M
NOI $143,774 @ 7.0% cap · market cap 8.99%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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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.
