For Sale
$13,700,000

212 Harding BlvdRoseville, CA 95678

Roseville shopping center, 7.83% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a newly repriced 81,635 square foot shopping center in Roseville, California. Located at 212 Harding Blvd, 95678, this stabilized, multi-tenant property boasts a 7.83% capitalization rate and a strong 94% occupancy rate, generating a net operating income (NOI) of $1,073,323. The asking price is $13,700,000, translating to a price per square foot of $167.82. The property consists of four single-story buildings situated on an 8.6-acre lot, zoned CC - Community Commercial. Leases are structured as NNN (Net, Net, Net). The property benefits from high visibility along I-80 and serves an affluent customer base with an average household income exceeding $110,142 within a five-mile radius. Current average asking rent is $1.46 per square foot, per month, NNN, presenting potential for rental growth. This offering provides a compelling investment opportunity with a potential exit strategy involving the sale of individual buildings on separate parcels. The property's strong performance and location make it an attractive asset for investors seeking stable returns and future appreciation.

Highlights

  • 7.83% capitalization rate on existing income.
  • Potential exit strategy: sell individual buildings on separate parcels.
  • Below-market rents: $1.46/SF/month, NNN.
  • Affluent trade area: Average household income exceeding $110,142 within a 5-mile radius.
  • High visibility: Prominent I-80 freeway location in Roseville, CA.

Property Details for 212 Harding Blvd

Property type
Lifestyle centers, Power centers
Square Feet
81,635 SF
Buildings
4
Stories
1
Lot Size (sq. ft)
374,616 SF

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.747662798547
Longitude
-121.26965946124
212 Harding Blvd, Roseville, California

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212 Harding Blvd
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