Property profile

6628 Lonetree Blvd Rocklin, CA 95765

OFF-MARKET
Turn key restaurants
Property ID
US09-9140661
10,111 SF 1.3 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction TILT-UP CONCRETE
Total area 10,111 SF
Lot 1.3 ac (56,628 SF)
APN 487-010-008-000
UPID US09-9140661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

6628 Lonetree Blvd Rocklin, CA 95765-3737
Rocklin metro Census 23000 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2022
Last sale
$77.5M
4 recorded transactions
2023
Price N/A
2022
$77.5M
2021
Price N/A
2011
$59.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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