Multi-Tenant Office
For Sale
Contact for pricing
5330 Primrose Drive Suite 230 Fair Oaks, Fair Oaks, CA 95628
Three-building office project with available large and small units, garden-style landscaping, and a large on-site parking field.
Property Size575 SF
Price / SF$174.95
Days on Market495
Property Features for 5330 Primrose Drive Suite 230 Fair Oaks
General Information
Standard status
Active
Size
575 SF
Class
B
Property subtype
Office
Additional Details
Traffic Count
43,680 vehicles/day
Amenities
garden-like landscaping
large lawn area
interior walkways
mature attractive foliage
large parking field with attractive landscaping features and walkways
Building Details
Units
1
Tenancy
Multi
Listing Agency:
Gallelli Real Estate
Listed By:
Robb Osborne · License #CA 01398696
(916) 789-3337
Source:
Crexi
Added: Apr 30, 2025
Changed: Sep 1
Last Checked: Sep 5 at 2:52PM
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
Investment Insights
Based on property information with market context.
This multi-tenant office campus offers both large and small office units within a three-building, multi-tenant configuration totaling 81,857 SF. 7840 and 7844 Madison Ave are single-story buildings, while 5330 Primrose Drive is a two-story building.
The property is located off Madison Ave and Sunrise Blvd, with Sunrise Blvd described as one of the busiest arterials in Fair Oaks and listed with a daily traffic count of 43,680 cars per day. It is adjacent to the Quail Point Shopping Mall and across from the Sunrise Village Shopping Center, placing retail and restaurant amenities within a few steps.
Grounds feature garden-like landscaping, large lawn areas, interior walkways, mature foliage, and an expansive parking field with landscaped features and walkways.
The property is located off Madison Ave and Sunrise Blvd, with Sunrise Blvd described as one of the busiest arterials in Fair Oaks and listed with a daily traffic count of 43,680 cars per day. It is adjacent to the Quail Point Shopping Mall and across from the Sunrise Village Shopping Center, placing retail and restaurant amenities within a few steps.
Grounds feature garden-like landscaping, large lawn areas, interior walkways, mature foliage, and an expansive parking field with landscaped features and walkways.
Key Highlights
- Three‑building, multi‑tenant office project totaling 81,857 SF
- 7840 and 7844 Madison Ave are single‑story buildings; 5330 Primrose Drive is a two‑story building
- Convenient access off Madison Ave and Sunrise Blvd, with Sunrise Blvd traffic counts of 43,680 cars per day
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
$8,992
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
8.94%
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%
$179,840
$179.8K
Cap Rate 7%
$128,457
$128.5K
Cap Rate 9%
$99,911
$99.9K
Market Conditions
NOI Build-Up for 575 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
$14.8K $25.68/SF
− Vacancy
−$2.8K −$4.83/SF
EGI
$12.0K $20.85/SF
− OpEx
−$3.0K −$5.21/SF
NOI
$9.0K $15.64/SF
Area
Sacramento County, CA
Vacancy
18.80%
Lease Rate
$25.68 /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%
$179,840
Cap Rate 7%
$128,457
Cap Rate 9%
$99,911
Alternative Uses
Best Use
Office B
$128.5K
$112.4K – $149.9K
NOI $8,992 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.2K
$134.0K – $178.7K
NOI $10,723 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
43,680 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 95628, CA
42,824
Population
17,417
Households
2.5
Avg Household Size
46
Median Age
44%
College-Educated
96%
High-School Grad
12.9 sq mi
ZIP Area
3,320
Density / Sq Mi
$111,582
Median Household Income
$57,050
Median Earnings
$1,857
Median Rent
$615,400
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 units - Three-building office project with available large and small units, garden-style landscaping, and a large on-site parking field.
Where is this office units located?
The property is located at 5330 Primrose Drive Suite 230 Fair Oaks Fair Oaks, CA.
What is the asking price?
The asking price for this property is $100,595.
What are key features of this property?
This property features: Three‑building, multi‑tenant office project totaling 81,857 SF; 7840 and 7844 Madison Ave are single‑story buildings; 5330 Primrose Drive is a two‑story building; Convenient access off Madison Ave and Sunrise Blvd, with Sunrise Blvd traffic counts of 43,680 cars per day
