6628 Lonetree Blvd Rocklin, CA 95765-3737
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.
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Lucille's Smokehouse Bar-B-Que Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.