Granite Bay Freestanding Office
For Sale
$1,118,817
8483 Douglas Plaza Drive, Granite Bay, CA 95746
Freestanding office building in Granite Bay location for sale.
Property Size4,162 SF
Lot Size0.59 Acres
Price / SF$268.82
Days on Market150
Property Features for 8483 Douglas Plaza Drive
General Information
Standard status
Active
Size
4,162 SF
Lot size
0.59 Acres
Property subtype
Office
Listing Agency:
CBRE - Roseville
(916) 781-4818
Listed By:
Kevin Larscheid · License #00816790
(916) 781-4818
Source:
Cbre
Added: Mar 25
Changed: Aug 16
Last Checked: Aug 20 at 12:41PM
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 CBRE - Roseville
Investment Insights
Based on property information with market context.
This freestanding building offers approximately 4,162 square feet of space on over half an acre, featuring mature landscaping and trees. The interior layout includes 12 private offices, conference and break rooms, a reception area, and restrooms. Located in a prestigious area of Granite Bay, the property is adjacent to Douglas Boulevard within a well-maintained business park. The property is situated on a corner lot of approximately 0.59 acres. The existing tenant's lease expires on December 31, 2025, but they may be willing to renew their lease for approximately half of the building. The location is near a park, walking paths, and a bike path.
Key Highlights
- Prestigious Granite Bay location adjacent to Douglas Blvd.
- +\-4,162 SF freestanding building on over 1/2 acre with mature landscaping and trees.
- Existing tenant (lease expires 12/31/25) may be willing to renew their lease for approximately 1/2 of the building.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$95,131
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,902,620
$1.9M
Cap Rate 7%
$1,359,014
$1.4M
Cap Rate 9%
$1,057,011
$1.1M
Market Conditions
NOI Build-Up for 4,162 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$147.8K $35.52/SF
− Vacancy
−$21.0K −$5.04/SF
EGI
$126.8K $30.48/SF
− OpEx
−$31.7K −$7.62/SF
NOI
$95.1K $22.86/SF
Area
Placer County, CA
Vacancy
14.20%
Lease Rate
$35.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,902,620
Cap Rate 7%
$1,359,014
Cap Rate 9%
$1,057,011
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,131 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,786 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 95746, CA
22,166
Population
8,183
Households
2.7
Avg Household Size
48
Median Age
61%
College-Educated
97%
High-School Grad
18.4 sq mi
ZIP Area
1,205
Density / Sq Mi
$182,321
Median Household Income
$86,378
Median Earnings
$2,830
Median Rent
$1,057,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building in Granite Bay location for sale.
Where is this office building located?
The property is located at 8483 Douglas Plaza Drive Granite Bay, CA.
What is the asking price?
The asking price for this property is $1,118,817.
What are key features of this property?
This property features: Prestigious Granite Bay location adjacent to Douglas Blvd.; +\-4,162 SF freestanding building on over 1/2 acre with mature landscaping and trees.; Existing tenant (lease expires 12/31/25) may be willing to renew their lease for approximately 1/2 of the building.
