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8890-8894 Greenback Ln

12,381 SF 100% Leased Retail Building Orangevale, CA 95662 $3,100,000 ($250/SF)

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
192 FT on Greenback LN

AMENITIES

  • Bus Line
  • Signalized Intersection
  • Air Conditioning
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Denny's
Grocery Outlet
Winco Foods
Jazzercise
Peet's Coffee
Chase Bank
Five Guys
Orangetheory Fitness
Starbucks
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
223-0141-030
Land Assessment
$910,262
Improvements Assessment
$2,048,091
Total Assessment
$2,958,353
  • Listing ID: 31717300

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 8890-8894 Greenback Ln, Orangevale, CA 95662

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