Property summary
This exceptional investment opportunity presents a fee-simple, 1,782 square foot auto shop and gas station located at 6717 Auburn Blvd, Citrus Heights, CA 95621. The property boasts a 100% occupancy rate with a corporate-guaranteed NNN lease to a national quick lube chain, offering significant long-term stability. The lease features a remaining term of 10 years with built-in rent bumps of 10% every five years, providing a hedge against inflation. The property, built in 1982 and extensively renovated in 2024 (approximately $250,000 in tenant improvements), benefits from a strong location near a high-traffic 7-Eleven, within a 3-mile radius of approximately 167,000 people, and just 11 miles from Downtown Sacramento. The asking price is $2,154,000, representing a 6.50% cap rate and a net operating income (NOI) of $140,000. The lease structure includes four, 5-year options, further enhancing the long-term value. This single-unit property offers a recession-resistant investment in a consistently performing sector of the retail market. The property's recent upgrades include roof and façade improvements. This is a rare opportunity to acquire a well-positioned, high-performing asset with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Real Estate Agency
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Sustainability Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
LC Limited Commercial The LC Zoning District is applied to areas appropriate for a mixture of land uses, with primarily small-scale retail and pedestrian-oriented office uses on the ground floors of commercial structures…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LC · Citrus Heights, CALC Limited Commercial The LC Zoning District is applied to areas appropriate for a mixture of land uses, with primarily small-scale retail and pedestrian-oriented office uses on the ground floors of commercial structures…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
LC Limited Commercial The LC Zoning District is applied to areas appropriate for a mixture of land uses, with primarily small-scale retail and pedestrian-oriented office uses on the ground floors of commercial structures…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LC in Citrus Heights, CA.
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