This exceptional investment opportunity presents a 10,111 square foot, single-tenant, net-leased restaurant property located at 6628 Lonetree Blvd, Rocklin, CA 95765. The property, currently 100% occupied by Lucille's Smokehouse Bar-B-Que, boasts a strong financial performance with a Net Operating Income (NOI) of $527,112 and a 6.00% cap rate. The asking price is $8,785,000, translating to $868.86 per square foot. The lease, an absolute NNN lease, commenced on September 22, 2006, and has a remaining term of approximately 8 years, with a lease expiration date of November 30, 2032. Situated on a 1.3-acre lot, this outparcel is part of the Blue Oaks Town Center, a prominent retail center anchored by well-known national tenants including RC Willey, Sportsman's Warehouse, Grocery Outlet, Hobby Lobby, and Blue Oaks Century Theatre. The property benefits from high visibility due to its location on a signalized intersection with over 35,578 vehicles per day passing by, and proximity to State Route 65 (97,000+ VPD). The site features ample parking, multiple entrances and exits, and is situated in a high-income area with a strong demographic profile. Lucille's Smokehouse Bar-B-Que has demonstrated strong sales exceeding $7,575,000 and is backed by a corporate guarantee. This property offers a compelling combination of long-term lease stability, strong tenant performance, and a prime location within a thriving retail environment.
Highlights
10,111 SF, single-tenant, net-leased restaurant building in Rocklin, CA.
High-profile outparcel in Blue Oaks Town Center, anchored by national retailers.
Located in affluent Roseville suburb, one of California's fastest-growing counties.
Strong regional power center with high traffic counts exceeding 35,578 vehicles per day and proximity to SR 65 (97,000+ VPD).
Lucille's Smokehouse BBQ, a top-performing tenant with sales exceeding $7.575M and corporate guarantee.
1.3-acre lot with excellent visibility, ample parking, and multiple access points.
The property is located at 6628 Lonetree Blvd Rocklin, CA.
What is the asking price?
The asking price for this property is $8,785,000.
What are key features of this property?
This property features: 10,111 SF, single-tenant, net-leased restaurant building in Rocklin, CA.; High-profile outparcel in Blue Oaks Town Center, anchored by national retailers.; Located in affluent Roseville suburb, one of California's fastest-growing counties.
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Contacts
Eric Carlton
Jereme Snyder
Monica Robles
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Lonetree Blvd Rocklin, CA 95765
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Lonetree Blvd Rocklin, CA 95765
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6628 Lonetree Blvd
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