For Sale
$6,400,000

234 Gibson DrRoseville, CA 95678

Prime Roseville location, 7,800 SF, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully leased, Class A, single-story restaurant building totaling 7,800 square feet, situated at 234 Gibson Drive in Roseville, California. Built in 2020, the property boasts a modern design with stylish interior finishes, an indoor/outdoor bar, and a large patio featuring contemporary landscaping, lighting, and overhangs. The property is 100% occupied by two corporate-guaranteed tenants, Eureka! Restaurant and La Popular Taqueria, each operating under a 10-year lease agreement. This represents a Net Lease (NNN) investment with a 6.13% cap rate and an asking price of $6,400,000. The property sits on a 16,787 square foot lot within the Roseville/Rocklin submarket, a highly affluent area of Sacramento. Its strategic location off Roseville Parkway, a major thoroughfare with over 45,200 vehicles daily, places it adjacent to Westfield's Roseville Galleria, a 1.3 million square foot upscale shopping mall. The property is also within walking distance of The Fountains, a high-end outdoor mall featuring retailers such as Whole Foods, ZGallerie, Chico's, and J.Crew. The property benefits from ample parking and a recently updated parking lot. This is a turnkey investment in a thriving retail corridor with strong tenant occupancy and a desirable location. The property's APN is 361-230-007-000 and is zoned for Commercial-Retail use.

Highlights

  • Investment opportunity: Brand new, fully leased restaurant building.
  • 7,800 SF NNN-leased restaurant at 234 Gibson Drive, Roseville, CA 95678.
  • High-end retail center with strong curb appeal.
  • Excellent mix of office, medical, and retail tenants.
  • Modern aesthetics, ample parking, and attractive landscaping.
  • Conveniently located near The Fountains, The Ridge at Creekside, and Creekside Town Center.

Property Details for 234 Gibson Dr

Property type
Retail properties, Restaurants
Square Feet
7,800 SF
Class
A
Year Built
2020
Buildings
1
Stories
1
Units
2

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.7751384
Longitude
-121.2747153
234 Gibson Dr, Roseville, California

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234 Gibson Dr
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