Orangevale, CA 95662,6228 Walnut Ave
Orangevale, CA 95662,6228 Walnut Ave
Orangevale, CA 95662,6228 Walnut Ave
20
$500,000
Est.Price: ?

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8,712 Sqft Lot

6228 Walnut Ave Orangevale, CA 95662

Est. payment /mo
SOLD DATE : 06/05/2023

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Key Details

Sold Price $500,000

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

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California Regional MLS (CRMLS)
Listed by David Howarth • The Pinza Group, Inc
Bought with David Howarth • The Pinza Group, Inc

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