3860 El Dorado Hills BlvdEl Dorado Hills, CA 95762
- Healthcare properties
- 12,503 SF
Property Details for 3860 El Dorado Hills Blvd
- Year built
- 2000
- Lot size
- 1.24 AC
- Property size (Sq ft)
- 12,503 SF
- Property type
- Healthcare properties
- Property subtype
- Other office properties
Description
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.
Location Insight
- City
- El Dorado Hills
- County
- El Dorado
- State
- California
- Latitude
- 38.6578
- Longitude
- -121.072
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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