For Sale
$4,510,000

3860 El Dorado Hills BlvdEl Dorado Hills, CA 95762

12,503 SF Medical Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 12,503-square-foot medical office building, constructed in 2000, presents a compelling investment opportunity. Located at 3860 El Dorado Hills Blvd, El Dorado Hills, CA 95762, this Class B, multi-tenant property boasts a prime location on a highly trafficked thoroughfare (over 64,000 vehicles per day) and enjoys exceptional visibility. The building sits on a 1.24-acre lot and benefits from a prominent position near major retail centers including La Borgata, Raley's, Walgreens, and Starbucks. Currently operating at 100% occupancy, the property generates a strong NOI of $293,166, representing a 6.50% cap rate. The asking price is $4,510,000, translating to $360.71 per square foot. The property is offered as a NNN lease. Situated in the thriving El Dorado Hills market, known for its high average income ($181,784) and strong population growth (approximately 52,500 residents), this investment offers significant potential for long-term appreciation. The area features award-winning schools and is conveniently located near Lake Tahoe, Sacramento International Airport, and renowned wine country. With numerous new homes under construction and planned within a three-mile radius, the future growth prospects are exceptionally promising. The property's attractive curb appeal and strategic location within a prestigious neighborhood further enhance its desirability. This is a stabilized investment with a proven track record of success.

Highlights

  • High visibility, attractive curb appeal, and 64,000 vehicles per day (VPD) at the intersection.
  • Gateway location in El Dorado Hills.
  • Prominent visibility among community office buildings.
  • Highly desirable market in a prestigious neighborhood with award-winning schools.
  • Proximity to Lake Tahoe, Sacramento International Airport, and wine country.
  • Strong market demographics: 52,500 population, $181,784 average household income, and average home value of approximately $908,000.

Property Details for 3860 El Dorado Hills Blvd

Property type
Office properties, Medical offices
Square Feet
12,503 SF
Class
B
Year Built
2000
Lot Size (sq. ft)
54,014 SF

Location Insight

City
El Dorado Hills
County
El Dorado
State
California
Latitude
38.6577615
Longitude
-121.072174
3860 El Dorado Hills Blvd, El Dorado Hills, California

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3860 El Dorado Hills Blvd
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