6628 Lonetree Blvd Rocklin, CA 95765-3737

Property Details for 6628 Lonetree Blvd

Year built

2006

Construction

TILT-UP CONCRETE

Lot size

1.30 lot acres

Property size

10,111 SF

Property type

Turn key restaurants

APN

487-010-008-000

APU

487010008000

Description

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.

Location Insight

City

Rocklin

County

Placer

State

California

Longitude

-121.294

Latitude

38.8023

CBSA code

40900

CBSA name

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

Property Tax & Assessments