$599,000
For more information regarding the value of a property, please contact us for a free consultation.
6228 Walnut Ave Orangevale, CA 95662
8,712 Sqft Lot
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41005301
Year Built 1958
Lot Size 8,712 Sqft
Property Description
NNN investment with 5 year lease at $3,000/month. 6.0% cap rate! Commercial retail property and current location of Sacramento Smog & Auto Repair. The property was built in 1958 and offers approximately 2,180 square feet of rental space and sits on a 8,670 square foot lot with room for ample parking. The property is being offered with an absolute NNN lease with 5 years term and 2.5% annual rent increases. The owner/tenant will be responsible for all expenses including property tax, interior and exterior maintenance, insurance, and all utilities. All deferred maintenance has been addressed resulting in a stress-free, turn-key, property with zero management responsibilities.
Location
State CA
County Sacramento
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Howarth • The Pinza Group, Inc