For Sale
$5,843,000

1390 Lead Hill BlvdRoseville, CA 95661

Verizon-leased, 18,728 SF data center, 10-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a single-tenant, 18,728-square-foot data center located at 1390 Lead Hill Blvd, Roseville, CA 95661. The property, built in 1991 and boasting a single story, is currently 100% occupied by Verizon Wireless under a triple-net (NNN) lease with a remaining term of 10.2 years, expiring February 28, 2035. The lease commenced March 1, 1999, and was recently extended, demonstrating Verizon's long-term commitment to this mission-critical facility. The lease includes annual rent bumps of 3.5%, ensuring consistent long-term rent growth. Two five-year lease options exist at fair market value. The property generates a strong net operating income (NOI) of $2,921,568, resulting in a 5.00% capitalization rate. Verizon, a credit-rated tenant with a corporate guarantee, provides exceptional financial stability. This strategically located data center in Placer County offers excellent access to major transportation arteries and benefits from Roseville's thriving business environment. The property serves as essential infrastructure for secure data storage and IT solutions within Verizon's network. This is a rare opportunity to acquire a high-quality, mission-critical asset with a long-term, investment-grade tenant.

Highlights

  • $5,843,000 asking price for a Net Leased industrial/office property.
  • 18,728 square foot building, single-tenant, 100% occupied by Verizon Wireless.
  • 10-year NNN lease with 3.5% annual rent increases, expiring February 28, 2035.
  • 5.00% cap rate with a Net Operating Income (NOI) of $2,921,568.
  • Located at 1390 Lead Hill Blvd, Roseville, CA 95661, in Placer County.

Property Details for 1390 Lead Hill Blvd

Property type
Office properties, Industrial properties
Square Feet
18,728 SF
Year Built
1991
Stories
1
Units
1

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.747303789476
Longitude
-121.2591300713
1390 Lead Hill Blvd, Roseville, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1390 Lead Hill Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message