Single-Story Office
For Sale
Contact for pricing
1390 Lead Hill Blvd, Roseville, CA 95661
Single-story office property configured as two condominium units within South Placer Business Park.
Property Size29,952 SF
Price / SF$250
Days on Market801
Property Features for 1390 Lead Hill Blvd
General Information
Standard status
Active
Size
29,952 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
1
Building Size
29,952 SF
Listing Agency:
Gallelli Real Estate
(916) 772-1700
Listed By:
Robb Osborne · License #01398696
(916) 770-9151
Source:
Moodyscre
Added: Jun 24, 2024
Changed: Sep 2
Last Checked: Sep 2 at 1:00AM
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 single-story office building is configured as two separate condominiums within South Placer Business Park. The property provides an office-focused commercial setting in a business park environment, with the building’s division supporting separate condominium ownership or occupancy arrangements.
The property is located in Roseville near Interstate 80, with access from the Douglas Boulevard and Eureka Road exits. These routes connect the site with East Roseville and the Granite Bay submarkets, providing regional access for office users and visitors.
The property is located in Roseville near Interstate 80, with access from the Douglas Boulevard and Eureka Road exits. These routes connect the site with East Roseville and the Granite Bay submarkets, providing regional access for office users and visitors.
Key Highlights
- Single‑story office building
- Divided into two condominiums
- Located in South Placer Business Park
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
$252,423
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
5.39%
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%
$5,048,460
$5.0M
Cap Rate 7%
$3,606,043
$3.6M
Cap Rate 9%
$2,804,700
$2.8M
Market Conditions
NOI Build-Up for 18,728 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
$404.5K $21.60/SF
− Vacancy
−$68.0K −$3.63/SF
EGI
$336.6K $17.97/SF
− OpEx
−$84.1K −$4.49/SF
NOI
$252.4K $13.48/SF
Area
Roseville, CA
Vacancy
16.80%
Lease Rate
$21.60 /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%
$5,048,460
Cap Rate 7%
$3,606,043
Cap Rate 9%
$2,804,700
Alternative Uses
Best Use
Office B
$3.61M
$3.16M – $4.21M
NOI $252,423 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.15M
$4.51M – $6.01M
NOI $360,815 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,632
Businesses Nearby
Explore this area
Business Placement
Demographics for 95661, CA
32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
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 - Single-story office property configured as two condominium units within South Placer Business Park.
Where is this office building located?
The property is located at 1390 Lead Hill Blvd Roseville, CA.
What is the asking price?
The asking price for this property is $4,682,000.
What are key features of this property?
This property features: Single‑story office building; Divided into two condominiums; Located in South Placer Business Park
