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1390 Lead Hill Blvd 18,728 SF Flex Condo Unit Offered at $6,477,032 CAD in Roseville, CA 95661
INVESTMENT HIGHLIGHTS
- Excellent Location in East Roseville
- Within a five minute drive to Roseville Sutter, Kaiser and Adventist Campuses
- Immediate Access to Interstate 80
- Investment Purchase Opportunity: ± 18,728 SF Fully Leased Condo - Lease Expiration Date: February 28, 2035, Tenant: Verizon Wireless Communications
EXECUTIVE SUMMARY
The South Placer Business Park is located at the epicenter of the Roseville submarket near both the Douglas Boulevard and Eureka Boulevard exits off of Highway 80, not far from the Highway 65 interchange. Additionally, the park is located in close proximity to two large anchor medical employers, Sutter Medical Center Roseville and Kaiser Permanente Hospital Roseville. This submarket boasts strong numbers of stability with a population base of approximately 138,533 people among 41,262 families, and a median household income of approximately $81,387 with over 1/3 of total households making above $100,000 per year. The Roseville/ Rocklin submarket continues its strong resurgence not only as a leader in the Sacramento Region, but also as a relevant player among Northern California secondary commercial markets. South Placer Business Park provides tenants a centralized location with access to over 180 retailers and restaurants within a one-mile radius!
PROPERTY FACTS
| Total Building Size | 32,017 SF | Typical Floor Size | 32,017 SF |
| Property Type | Flex (Condo) | Year Built | 1991 |
| Building Class | B | Lot Size | 2.26 AC |
| Floors | 1 | Parking Ratio | 2.69/1,000 SF |
| Zoning | M1, Roseville | ||
| Total Building Size | 32,017 SF |
| Property Type | Flex (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 32,017 SF |
| Year Built | 1991 |
| Lot Size | 2.26 AC |
| Parking Ratio | 2.69/1,000 SF |
| Zoning | M1, Roseville |
1 UNIT AVAILABLE
Unit 100
| Unit Size | 18,728 SF | Sale Type | Investment |
| Price | $6,477,032 CAD | Cap Rate | 5.50% |
| Price Per SF | $345.85 CAD | NOI | $356,535.56 CAD |
| Condo Use | Flex |
| Unit Size | 18,728 SF |
| Price | $6,477,032 CAD |
| Price Per SF | $345.85 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| NOI | $356,535.56 CAD |
DESCRIPTION
1390 Lead Hill Boulevard is a single-story, single tenant office building located in highly desirable area of Roseville. 1390 Lead Hill Boulevard offers an investor the opportunity to purchase a NNN investment, fee simple interest in a fully leased condominium to single tenant, Verizon. The project sits in the heart of Roseville enjoying close proximity to Interstate 80 with easy access from both the Douglas Boulevard and Eureka Road exits, two of the major arteries into the affluent East Roseville and Granite Bay submarkets.
SALE NOTES
- Fully Leased, Investment Sale.
Two-Condo Multi-Tenant Building - One Condo is currently for Sale as leased investment, to Major Credit Tenant – Verizon
- Additionally, the entire building can be available for purchase ± 29,952 RSF with ±11,224 SF adjacent condo available for occupancy.
- 2.9 Acre Parcel
Presented by
1390 Lead Hill Blvd
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