Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    5124 Commons Dr Rocklin, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility retail and restaurant space in Rocklin Commons.

    Type:LAND
    Lot size:
    0.13 Acres
    Added:
    Feb 27, 2024
    Days on Market:
    793
    Last Refresh:
    Apr 5 at 11:21 pm

    Property Features for 5124 Commons Dr

    General Information

    Standard status
    Active
    Lot size
    0.13 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 5124 Commons Dr Contact us

    We can help!

    Listing Contact
    Kevin Soares

    Listing agent Kevin Soares

    Listing office Gallelli Real Estate

    Listing date Feb 27, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Gallelli Real Estate

    Overview

    Rocklin Retail and Restaurant Space

    Rocklin Commons offers approximately 359,332 square feet of retail and restaurant space. Anchored by Target, Ross, Ulta, and Studio Movie Grill, the center also features Trader Joe’s and Five Below. Located at the northwest quadrant of Sierra College Boulevard and Interstate 80, the center benefits from its position along Interstate 80. Rocklin Commons is part of one of the largest new development retail projects in Placer County and the Sacramento region. It serves as a major shopping venue for westbound travelers driving towards the Sacramento MSA and the last major retail stop for eastbound travelers en route to tourist destinations including Reno, South Lake Tahoe, and the Gold Country. High-traffic quick service and full-service restaurant co-tenants include Panera Bread, Chipotle, Mooyah Burger, The Brass Tap, Noodles & Co., Jersey Mike’s, and Lean Feast.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rocklin Shopping Centers: Rocklin Commons & Rocklin Crossings — Sierra College Blvd & I-80, Rocklin, CA 95677, Sierra College Blvd, Rocklin, CA 95677
    • California DMV Now — 5530 schriber way, rocklin, ca 95677
    • Sunglass Outfitters by Sunglass Hut — 5472 Crossings Dr, Rocklin, CA 95677
    • California DMV Now Kiosk — 5530 Schriber Way, Rocklin, CA 95677
    • Rocklin Commons — Sierra College Blvd, Roseville, CA 95677

    Location Insight

    • Map
    • Local Demand
    City
    Rocklin
    County
    Placer
    State
    California
    Longitude
    -121.21
    Latitude
    38.802

    Nearby Similar for Lease

    • $2 SF/Yr

      Class A Office Space Available

      Class A office building with modern amenities and convenient location.
      6030 W Oaks Blvd, Rocklin, CA
      View Details
    • $2.00 SF/Yr

      Retail Space in Rocklin Center

      Retail space for lease in high-identity neighborhood center.
      2161-2169 Sunset Blvd, Rocklin, CA 95765
      View Details
    • $1.22 SF/Yr

      Flex Space with Solar System

      Flex space featuring office, warehouse, and solar system.
      5814 Lonetree Boulevard, Rocklin, CA, 95765
      View Details
    • $2.00 SF/Yr

      Roseville/Rocklin Flex Office Space

      First floor office space in the Pacific Technology Spectrum Business Park.
      269 Technology Way Ste 4, Rocklin, CA 95765
      View Details
    • $450/Mo

      Rocklin Office Space Available

      Office space for sublease in Rocklin, California.
      3175 Sunset Blvd., Rocklin, CA 95677
      View Details
    • $2.00 SF/Yr

      Rocklin Flex Office Space

      First floor office space in Roseville/Rocklin industrial sub-market.
      269 Technology Way Ste 4, Rocklin, CA 95765
      View Details
    • $1.15 SF/Yr

      Rocklin Office Space Available

      Available office space in Rocklin, California, totaling 14,697 square feet.
      3855 Atherton Road, Rocklin, CA, 95765
      View Details
    • $1.60 SF/Yr

      Rocklin Office Sublease Available

      Class B office suite available for sublease in Rocklin.
      2210 Plaza Drive, Rocklin, CA, 95765
      View Details
    • $2 SF/Yr

      Class A Office Space

      Class A office space with modern amenities and convenient location.
      6020 W Oaks Blvd, Rocklin, CA
      View Details
    • $1.20 SF/Yr

      Rocklin Industrial Space Available

      7,500 sqft industrial space for lease in Rocklin, CA.
      3765 Cincinnati Avenue, Rocklin, CA, 95765
      View Details
    • Contact for pricing

      Rocklin Retail/Office Space Available

      Located in Rocklin, high exposure, ample parking, great networking.
      4255 Rocklin Road, Rocklin, CA 95677
      View Details
    • $1.99 SF/Yr

      Rocklin Medical/Office Building For Lease

      3,725 SF medical/office building for lease, Rocklin Sierra Plaza.
      4780 Rocklin Road, Rocklin, CA, 95677
      View Details

    FAQs

    What type of property is this?
    Shopping center - High-visibility retail and restaurant space in Rocklin Commons.
    Where is this shopping center located?
    The property is located at 5124 Commons Dr Rocklin, CA.
    What are key features of this property?
    This property features: Anchored by Target, Ross, Ulta, Trader Joe’s, and Studio Movie Grill (first in California).; Located at the northwest quadrant of Sierra College Boulevard and Interstate 80, providing excellent visibility and access.; Part of the most significant retail epicenter in the Rocklin trade area and the Sacramento and Placer County regions.
    (916) 772-1700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kevin Soares
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!