6717 Auburn Blvd Citrus Heights, CA 95621-4211

Property Details for 6717 Auburn Blvd

Year built

1982

Construction

TILT-UP CONCRETE

Lot size

0.24 lot acres

Property size

1,800 SF

Zone code

LC

Property type

Auto shops

APN

211-0123-023-0000

APU

21101230230000

Description

This exceptional investment opportunity presents a fee-simple, 1,782 square foot auto shop and gas station located at 6717 Auburn Blvd, Citrus Heights, CA 95621. The property boasts a 100% occupancy rate with a corporate-guaranteed NNN lease to a national quick lube chain, offering significant long-term stability. The lease features a remaining term of 10 years with built-in rent bumps of 10% every five years, providing a hedge against inflation. The property, built in 1982 and extensively renovated in 2024 (approximately $250,000 in tenant improvements), benefits from a strong location near a high-traffic 7-Eleven, within a 3-mile radius of approximately 167,000 people, and just 11 miles from Downtown Sacramento. The asking price is $2,154,000, representing a 6.50% cap rate and a net operating income (NOI) of $140,000. The lease structure includes four, 5-year options, further enhancing the long-term value. This single-unit property offers a recession-resistant investment in a consistently performing sector of the retail market. The property's recent upgrades include roof and façade improvements. This is a rare opportunity to acquire a well-positioned, high-performing asset with significant upside potential.

Location Insight

City

Citrus Heights

County

Sacramento

State

California

Longitude

-121.308

Latitude

38.6879

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments