Roseville Strip Center For
For Sale
Contact for pricing
500 Cirby Way, Roseville, CA 95678
13,680 SF strip center in high-traffic Roseville location.
Property Size13,680 SF
Price / SF$235.01
Days on Market550
Property Features for 500 Cirby Way
General Information
Standard status
Active
Size
13,680 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$221,620
Building Details
Year Built
1979
Buildings
1
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Jahnrich Commercial Real Estate
Listed By:
Josh Chiechi · License #02201256
Source:
Crexi
Added: Feb 18, 2025
Changed: Aug 22
Last Checked: Aug 22 at 10:48AM
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 Jahnrich Commercial Real Estate
Investment Insights
Based on property information with market context.
Rosedale Plaza is a 13,680 square foot strip center located at 500 Cirby Way, Roseville, California. The property features five service-based tenants. Situated at the intersection of Cirby Way and Riverside Boulevard, the center benefits from a high traffic location and easy access to Interstate 80. A 7-11 serves as the anchor tenant and has been at this location for over 30 years. The location contributes to the store outperforming other stores in the region. Kaiser Permanente Roseville Medical Center is located nearby. The demographic profile of Roseville shows a population of approximately 160,000 with a significant portion aged 25- 54, a median household income of over $117,000, and over 40% of residents holding a bachelor's degree or higher. Consumer spending in the area is notably high, particularly in sectors like healthcare, food services, and general merchandise, which aligns with the local economic stability and consumer base.
Key Highlights
- High‑traffic location at the intersection of Cirby Way and Riverside Boulevard with easy access to Interstate 80
- Long‑term anchor tenant (7‑11) with a 30+ year history of outperforming other regional stores
- Located near Kaiser Permanente Roseville Medical Center
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
$212,164
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
6.60%
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%
$4,243,280
$4.2M
Cap Rate 7%
$3,030,914
$3.0M
Cap Rate 9%
$2,357,378
$2.4M
Market Conditions
NOI Build-Up for 13,680 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
$321.8K $23.52/SF
− Vacancy
−$18.7K −$1.36/SF
EGI
$303.1K $22.16/SF
− OpEx
−$90.9K −$6.65/SF
NOI
$212.2K $15.51/SF
Area
Roseville, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
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%
$4,243,280
Cap Rate 7%
$3,030,914
Cap Rate 9%
$2,357,378
Alternative Uses
Best Use
Retail
$3.03M
$2.65M – $3.54M
NOI $212,164 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.77M
$3.29M – $4.39M
NOI $263,560 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 29%
Home Improvements & Furnishings 1%
Beauty & Spa 1%
ARCO
Shops & Services
17,795 visits/mo
0.2 miles
Starbucks
Dining
15,159 visits/mo
0.2 miles
Jack in the Box
Dining
10,376 visits/mo
0.5 miles
Chevron
Shops & Services
9,898 visits/mo
0.5 miles
Chevron
Shops & Services
8,602 visits/mo
0.2 miles
Demographics for 95678, CA
45,136
Population
18,594
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$104,704
Median Household Income
$53,807
Median Earnings
$2,118
Median Rent
$534,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 13,680 SF strip center in high-traffic Roseville location.
Where is this strip mall located?
The property is located at 500 Cirby Way Roseville, CA.
What is the asking price?
The asking price for this property is $3,215,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of Cirby Way and Riverside Boulevard with easy access to Interstate 80; Long‑term anchor tenant (7‑11) with a 30+ year history of outperforming other regional stores; Located near Kaiser Permanente Roseville Medical Center
