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    1617 Douglas Blvd Roseville, CA 95661

    For Sale
    $8,550,000

    Renovated retail property with corporate-backed leases in a prime location.

    Property size:
    35,988 SF

    Property Features for 1617 Douglas Blvd

    General Information

    Size
    35,988 SF

    Building Details

    Year built
    1975

    Source: Ryan Bennett Agent Ryan Bennett

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

    Overview

    Retail Center with Strong Tenants

    This retail property features strong corporate credit tenants, Skechers (NYSE: SKX) and Harbor Freight Tools, with corporate lease guarantees. The property is undergoing complete renovation in 2024 and 2025, ensuring no deferred maintenance. New 10-year triple net (NNN) leases include 10% rent escalations every 5 years. The tenants' actions demonstrate a strong commitment to this location. Tenants are currently paying an under-market rent of $15.00 per square foot, below the current market rental rate of $24-$28 per square foot NNN. The retail vacancy rate is low at 4.8%, indicating high demand, according to Co-star. The property benefits from an A+ real estate location with frontage on Douglas Blvd., less than 1/2 mile from the I-80 freeway exit, and is shadow-anchored by Hobby Lobby and Ross Dress for Less. Located in a growing, affluent Sacramento suburb with 2.6 million people in the MSA, the property is situated in a high-traffic area at the intersection of Douglas Blvd (33,600 VPD) and I-80 (179,600 VPD). The property is located in Roseville, just 20 miles from downtown Sacramento. The property size is 35,988 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    TNT Fireworks Fireworks Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Rocky Ridge Town Center, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, rocky ridge plaza, Roseville Center

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Placer
    State
    California
    Longitude
    -121.2640878
    Latitude
    38.7454312

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    FAQs

    What type of property is this?
    Shopping center - Renovated retail property with corporate-backed leases in a prime location.
    Where is this shopping center located?
    The property is located at 1617 Douglas Blvd Roseville, CA.
    What is the asking price?
    The asking price for this property is $8,550,000.
    What are key features of this property?
    This property features: - Strong corporate credit tenants (Skechers & Harbor Freight Tools) with corporate lease guarantees.; - New 10-year triple (NNN) leases with 10% rent escalations every 5 years.; - A+ Real Estate Location with Douglas Blvd. frontage and less than 1/2 mile from I-80 freeway exit.
    (760) 519-0240
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    Roseville, CA 95661
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    Realmo Value Estimation

    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.

    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.

    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
    1617 Douglas Blvd Roseville, CA 95661
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