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Property profile & analytics
OFF-MARKET
Turn key restaurants

6628 Lonetree Blvd Rocklin, CA 95765-3737

10,111 SF 1.3 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-9140661
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lucille's Smokehouse Bar-B-Que Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Rhino Holdings Blue Oaks LLC · 4 yrs held
Rhino Holdings Blue Oaks LLC
since 2022
Last sale
$77.5M
4 recorded transactions
2023
Price N/A
2022
$77.5M
2021
Price N/A
2011
$59.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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