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7840 Fair Oaks Blvd Fair Oaks, CA 95628

For Sale
$798,300

7.41% Cap Rate, Govt. Tenant, Stable Income

Property size:
4,644 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional investment opportunity presents a 4,644 square foot Class B office condominium in Fair Oaks, CA, currently 100% occupied by a California government agency under a lease expiring May 30, 2027. The property boasts a strong 7.41% cap rate and a substantial net operating income (NOI) of $59,136. Priced at $798,300 ($171.90/sq ft), this single-unit property offers a secure, stabilized income stream with a long-term tenant in place since 2005. The tenant, a California Department of Rehabilitation, provides a high degree of security and stability. The building is part of a larger three-building complex totaling 81,857 square feet, situated on Madison Ave and Sunrise Blvd, a high-traffic area (43,680 cars daily). Its prime location offers convenient access to Quail Point Shopping Mall and Sunrise Village Shopping Center, providing ample retail and dining options. The property features attractive landscaping, including a large lawn area, interior walkways, and ample parking. This is a rare opportunity to acquire a low-risk, high-return investment with a government-backed tenant and a proven track record of consistent income. The lease includes annual rent increases, further enhancing the long-term value of this exceptional asset.

Property Features for 7840 Fair Oaks Blvd

General Information

Property type
Office Properties & Spaces
Square Feet
4,644 SF
Class
B

Building Details

Units
1

HighLights

  • Three‑building, multi‑tenant office complex totaling 81,857 square feet.
  • Prime location at Madison Ave and Sunrise Blvd, a high‑traffic Fair Oaks arterial.
  • High daily traffic counts of 43,680 vehicles.
  • Adjacent to Quail Point Shopping Mall and across from Sunrise Village Shopping Center, providing ample retail and dining options.
  • Landscaped grounds featuring a large lawn, walkways, and mature foliage.
  • Extensive parking lot with landscaping and walkways.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Fair Oaks
County
Sacramento
State
California
Longitude
-121.2748759
Latitude
38.663243

FAQs

What type of property is this?
Office Property / Space - 7.41% Cap Rate, Govt. Tenant, Stable Income
Where is this office property / space located?
The property is located at 7840 Fair Oaks Blvd Fair Oaks, CA.
What is the asking price?
The asking price for this property is $798,300.
What are key features of this property?
This property features: Three-building, multi-tenant office complex totaling 81,857 square feet.; Prime location at Madison Ave and Sunrise Blvd, a high-traffic Fair Oaks arterial.; High daily traffic counts of 43,680 vehicles.
More about this property
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