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145 Ferrari Ranch Rd Lincoln, CA 95648

Sponsored
For Sale
$3,685,000

High-yield retail investment in Lincoln, CA

Property size:
3,635 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a brand-new, single-tenant, free-standing Aspen Dental building situated within the thriving Lincoln Crossing Marketplace in Lincoln, California. The property boasts a 3,635 square foot building constructed in 2023 on a one-acre lot, currently operating under a net lease with a remaining term of 9.1 years, expiring December 31, 2033. The lease includes rent bumps, providing for a 10% increase every five years. The property enjoys a highly visible location adjacent to In-N-Out Burger at the primary ingress to the power center, which is anchored by major retailers such as Target, Home Depot, TJ Maxx, Ulta, and Sprouts. The tenant, Aspen Dental, invested over $750,000 in tenant improvements, demonstrating a strong commitment to the location. The property's strong financial performance is reflected in its 4.75% cap rate and a Net Operating Income (NOI) of $175,000, with an asking price of $3,685,000 ($1,013.76 per square foot). Lincoln, CA is a rapidly growing, affluent master-planned community within Placer County, part of the Sacramento MSA, with an average household income exceeding $124,000 within a five-mile radius. The property is zoned C and features a single story building. This is a rare opportunity to acquire a high-quality, net-leased asset in a prime location with significant upside potential. The property's build-to-suit nature also includes transferable warranties. The lease structure is a 3x5-year option. The APN is 021 344 004 00 0.

Property Features for 145 Ferrari Ranch Rd

General Information

Property type
Lifestyle centers
Square Feet
3,635 SF
Lot Size
43,560 SF

Building Details

Year Built
2023
Buildings
1
Stories
1
Units
1

HighLights

  • Exceptional investment opportunity: Aspen Dental NNN lease in Northern California.
  • High‑visibility location at a busy Target/Home Depot center, easily accessible from the highway.
  • New 10‑year corporate lease with 10% rent increases every 5 years and minimal landlord responsibilities.
  • Strong demographics: affluent trade area with average household income exceeding $124,000 and significant residential growth (19,000+ homes planned/under construction).
  • Brand new (2023) build‑to‑suit construction with transferable warranties.
Property Profile Location Intelligence

Current Use by Public Records

Motto Clear Aligners Dentist Gursimrat Judge Dentist Aspen Dental - Lincoln, ... Dentist

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
Lincoln
County
Placer
State
California
Longitude
-121.304604
Latitude
38.87191

FAQs

What type of property is this?
Lifestyle center - High-yield retail investment in Lincoln, CA
Where is this lifestyle center located?
The property is located at 145 Ferrari Ranch Rd Lincoln, CA.
What is the asking price?
The asking price for this property is $3,685,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Aspen Dental NNN lease in Northern California.; High-visibility location at a busy Target/Home Depot center, easily accessible from the highway.; New 10-year corporate lease with 10% rent increases every 5 years and minimal landlord responsibilities.
More about this property
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