222 Douglas BlvdRoseville, CA 95678

  • Retail space
  • 4,050 SF
For Sale
$1,305,000 View listing

Property Details for 222 Douglas Blvd

Year built
1954
Construction
TILT-UP CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
4,050 SF
Zone code
R400
Property type
Retail space
APN
014-092-001-000
APU
14092001000

Description

This Roseville, CA retail strip center presents a compelling investment opportunity. The 4,200 square foot property, built in 1960 and renovated in 2020, is situated on a 0.35-acre lot at 222 Douglas Blvd, 95678, and boasts 100% occupancy with four tenants under NNN leases. The property features 18 parking spaces and benefits from a 7.00% cap rate and a strong NOI of $91,383. Leases include 2-4% annual rent bumps, ensuring consistent income growth. The asking price is $1,305,000 ($310.71/sq ft). The property is zoned for commercial use and enjoys a prime location on Douglas Blvd (15,485 vehicles per day) near I-80 (198,158 vehicles per day), placing it within easy reach of a large consumer base. Its proximity to Old Town Roseville, Sierra College, and new residential developments guarantees high foot traffic and consistent demand. The property's strategic location near major retailers and shopping centers further enhances its appeal. This stabilized investment, with its strong tenant base and built-in growth potential, offers a secure and lucrative return for investors seeking a well-positioned retail asset in a thriving Northern California market. The property is offered fee simple and is suitable for a 1031 exchange. The property's current CAM reimbursements are at 68.3% of eligible amounts, presenting an opportunity for increased income through full reimbursement collection.

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.7438
Longitude
-121.288
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,085
$190,454
$683,023
$873,477
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