222 Douglas BlvdRoseville, CA 95678

For Sale
$1,305,000
High-yield retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
126
This Roseville, CA retail strip center presents a compelling investment opportunity. The 4,200 square foot property, built in 1960 and renovated in 2020, is situated on a 0.35-acre lot at 222 Douglas Blvd, 95678, and boasts 100% occupancy with four tenants under NNN leases. The property features 18 parking spaces and benefits from a 7.00% cap rate and a strong NOI of $91,383. Leases include 2-4% annual rent bumps, ensuring consistent income growth. The asking price is $1,305,000 ($310.71/sq ft). The property is zoned for commercial use and enjoys a prime location on Douglas Blvd (15,485 vehicles per day) near I-80 (198,158 vehicles per day), placing it within easy reach of a large consumer base. Its proximity to Old Town Roseville, Sierra College, and new residential developments guarantees high foot traffic and consistent demand. The property's strategic location near major retailers and shopping centers further enhances its appeal. This stabilized investment, with its strong tenant base and built-in growth potential, offers a secure and lucrative return for investors seeking a well-positioned retail asset in a thriving Northern California market. The property is offered fee simple and is suitable for a 1031 exchange. The property's current CAM reimbursements are at 68.3% of eligible amounts, presenting an opportunity for increased income through full reimbursement collection.

Highlights

  • 100% Leased, NNN Tenants: Fully occupied 4,200 SF retail center with stable income from NNN leases.
  • Annual Rent Escalations: Leases feature 2-4% annual rent increases.
  • High-Traffic Location: Situated on Douglas Blvd (15,485 VPD) near I-80 (198,158 VPD) in Roseville, CA.
  • Strong Demand Area: Excellent location near Old Town Roseville, Sierra College, and new residential developments.

Property Details for 222 Douglas Blvd

Property type
Lifestyle centers, Power centers
Square Feet
4,200 SF
Class
B
Year Built/Renovated
1960/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
15,246 SF
Units
4

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.743926859493
Longitude
-121.28840456819
222 Douglas Blvd, Roseville, California

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 100% occupied.
Where is the lifestyle center located?
The property is located at 222 Douglas Blvd Roseville, CA.
What is the asking price?
The asking price for this property is $1,305,000.
What are key features of this property?
This property features: 100% Leased, NNN Tenants: Fully occupied 4,200 SF retail center with stable income from NNN leases.; Annual Rent Escalations: Leases feature 2-4% annual rent increases.; High-Traffic Location: Situated on Douglas Blvd (15,485 VPD) near I-80 (198,158 VPD) in Roseville, CA.
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222 Douglas Blvd
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