OIL CHANGERS | 6717 Auburn Blvd
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OIL CHANGERS 6717 Auburn Blvd
2,025 SF Retail Building Citrus Heights, CA 95621 $3,029,386 CAD ($1,496 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Long-Term Automotive Use – Since 1984
- NN+ Lease with Limited LL Responsibilities – Recent upgrades include a roof, façade, and more.
- Rent Increases – 10% increases every 5 years provide an effective hedge against inflation
- Recent Backfill – ±$250k in tenant improvements recently invested into the building.
- Corporate Lease- Oil Changes is an actively expanding national quick lube chain with 180+ locations.
- Strong Demographics – ±167,000 population in a 3-mi radius.
Executive Summary
David Harrington
License No. 01320460 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
License No. 01320460 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,025 SF
Building Class
C
Year Built
1982
Price
$3,029,386 CAD
Price Per SF
$1,496 CAD
Cap Rate
6.50%
NOI
$196,910 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
0.24 AC
Zoning
LC, Citrus Heights - LC, Citrus Heights. City of Citrus Heights is easy to work with.
Parking
9 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
Parcel Number | 211-0123-023 | Improvements Assessment | $336,272 CAD |
Land Assessment | $321,652 CAD | Total Assessment | $657,924 CAD |
PROPERTY TAXES
Parcel Number
211-0123-023
Land Assessment
$321,652 CAD
Improvements Assessment
$336,272 CAD
Total Assessment
$657,924 CAD
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OIL CHANGERS | 6717 Auburn Blvd
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