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8890-8894 Greenback Ln
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8890-8894 Greenback Ln
12,381 SF 100% Leased Retail Building Orangevale, CA 95662 $3,100,000 ($250/SF)
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INVESTMENT HIGHLIGHTS
- Commercial Building
- Lot Size: 91,476 square feet
- Lease Type: NNN (Triple Net Lease)
EXECUTIVE SUMMARY
This commercial property, built in 1980, offers a prime location with high visibility at the corner of Greenback Lane and Hazel Ave in Orangevale, CA. The two-story building spans 12,381 square feet and is situated on a spacious lot of 91,476 square feet. The property is zoned SPA. Currently, one unit is leased to Bank of America. The other unit, with its vacant status, presents an opportunity for potential tenants or customized use by the new owner. With a large parking lot and strategic positioning at a prominent intersection, this commercial building is well-suited for businesses seeking exposure and accessibility. The NNN lease structure further adds value by passing on certain costs to tenants, making it an attractive investment opportunity in the vibrant Orangevale market.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
12,381 SF
Building Class
C
Year Built
1980
Price
$3,100,000
Price Per SF
$250
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
2.10 AC
Zoning
SPA, County - GC
Parking
100 Spaces (8.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signalized Intersection
- Air Conditioning
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 223-0141-030 | Improvements Assessment | $2,048,091 |
Land Assessment | $910,262 | Total Assessment | $2,958,353 |
PROPERTY TAXES
Parcel Number
223-0141-030
Land Assessment
$910,262
Improvements Assessment
$2,048,091
Total Assessment
$2,958,353
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8890-8894 Greenback Ln
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