Lucille's | Rocklin, CA 95765
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Lucille's
Rocklin, CA 95765
New NNN Extension- Strong Sales- A Site · Retail Property For Sale
Investment Highlights
- Long Term True NNN Corp. Lease by Lucille’s Restaurant- Recent Extension of Additional 5 Yrs.
- Very Affluent Suburb of Roseville ($154,447 HHI)- One of the Fastest Growing Counties in California
- Proven Site with Strong Sales over $7.575M+ and Corp Guarantee- Voted “Best of the Best BBQ” 2022
- High Profile Outparcel at Blue Oaks Town Center (600K SF)- Sportsman Warehouse/Hobby Lobby
- Main/Main Grocery Anchored Regional Power Center- Dense Retail & Commercial Hub- Huge Growth
- Large 1.3 Acre Parcel- Tremendous Visibility (Main Egress/Ingress)- National Anchors/Traffic Generators
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to purchase a single tenant absolute NNN lease that is fully occupied by Lucille’s Smokehouse Bar-B-Que with 10 lease years remaining and a 5 year option period. Located in Rocklin, CA, a suburb of Sacramento, this site is an outparcel PAD to Blue Oaks Town Center with anchor tenants including RC Willey, Sportsman’s Warehouse, Grocery Outlet, Hobby Lobby, and Blue Oaks Century Theatre. Positioned on the hard corner signalized intersection of Lonetree Blvd and Adams Dr the subject property has a combined traffic count of over 35,578 VPD with State Route 65 (97,000+ VPD) less than a mile away. The large 1.3 acre PAD has desirable site fundamentals with an abundance of parking, multiple entrances and exits, and strong demographics—ideal for cross shopping synergies. This is a great opportunity to purchase a long-term absolute NNN lease restaurant positioned in a dominant retail location with 10 lease years remaining and a 5 year option period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2006
Price
£6,987,195
Price Per SF
£699
Net Initial Yield
6%
NOI
£419,241
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.30 AC
Zoning
PD-BP/C/LI
Parking
60 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
1,677 ft on Lone Tree Blvd
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 487-010-008 | Improvements Assessment | £3,333,891 |
| Land Assessment | £731,830 | Total Assessment | £4,065,720 |
PROPERTY TAXES
Parcel Number
487-010-008
Land Assessment
£731,830
Improvements Assessment
£3,333,891
Total Assessment
£4,065,720
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