7840 Madison Ave - Bldg A 715 - 5,322 SF Condo Units Offered at $107,250 - $798,300 Per Unit in Fair Oaks, CA 95628
INVESTMENT HIGHLIGHTS
- High daily traffic counts
- Large and small units available for purchase
- Multiple retail and restaurant amenities in walking distance
EXECUTIVE SUMMARY
Excellent location off Madison Ave and Sunrise Blvd, one of the busiest arterials in Fair Oaks High daily traffic counts (43,680 cars per day) Located adjacent to the Quail Point Shopping Mall and across from the Sunrise Village Shopping Center, offering many retail and restaurant amenities within a few steps! Garden-like landscaping with large lawn area, interior walkways and mature, attractive foliage Large parking field with attractive landscaping features and walkways
PROPERTY FACTS
| Total Building Size | 26,678 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 26,273 SF |
| Year Built | 1978 |
| Lot Size | 1.81 AC |
| Parking Ratio | 4/1,000 SF |
| Zoning | BP - Business Park |
AMENITIES
- Air Conditioning
5 UNITS AVAILABLE
Unit 135
| Unit Size | 1,959 SF |
| Price | $293,850 |
| Price Per SF | $150.00 |
| Condo Use | Office/Medical |
| Sale Type | Owner User |
Unit 140
| Unit Size | 859 SF |
| Price | $133,145 |
| Price Per SF | $155.00 |
| Condo Use | Office/Medical |
| Sale Type | Owner User |
Unit 145
| Unit Size | 1,504 SF |
| Price | $225,600 |
| Price Per SF | $150.00 |
| Condo Use | Office |
| Sale Type | Owner User |
| APN/Parcel ID | 233-0700-003-0004 |
DESCRIPTION
Approximately ± 1,504 GSF office condo available for occupancy.
Unit 152
| Unit Size | 715 SF |
| Price | $107,250 |
| Price Per SF | $150.00 |
| Condo Use | Office/Medical |
| Sale Type | Owner User |
| APN/Parcel ID | 233-0700-003-0005 |
Unit 160
| Unit Size | 5,322 SF |
| Price | $798,300 |
| Price Per SF | $150.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.47% |
| NOI | $59,638 |
DESCRIPTION
Investment opportunity to purchase an office condominium
occupied by the California Department of Rehabilitation. The California Department of Rehabilitation offers Californians with Disabilities opportunities for employment and independent living.
SALE NOTES
Rare investment opportunity with government guaranteed tenant with long-term lease, stabilized income and annual increases.
7840 Madison Ave, Suite 160
Condo Square Footage: ± 4,644 SF
Lease Expiration Date: 5/31/2027
