NNN Office
For Sale
Contact for pricing
13630 Bowman Road, Auburn, CA 95603
Fully occupied by healthcare and financial-services firms, the two-building property operates under NNN leases.
Property Size6,100 SF
Price / SF$414.64
Days on Market9
Property Features for 13630 Bowman Road
General Information
Standard status
Active
Size
6,100 SF
Property subtype
Office
Occupancy
100%
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
CBRE - Roseville
Listed By:
Shana Lennon · License #01446203
(916) 781-4868
Source:
Crexi
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 24 at 3:03PM
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 Auburn office property comprises two buildings totaling 6,100 square feet, both leased on NNN terms. Aegis Treatment Center occupies 13630 Bowman Road for outpatient healthcare services. Stifel Nicolaus & Company operates from 13640 Bowman Road as a financial-services firm. The buildings also offer views of the Sierra Nevada and sunrise vistas.
Key Highlights
- Two office buildings with 6,100 square feet combined
- Both buildings are fully leased under NNN terms
- Aegis Treatment Center occupies 13630 Bowman Road
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
$139,428
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
5.51%
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%
$2,788,560
$2.8M
Cap Rate 7%
$1,991,829
$2.0M
Cap Rate 9%
$1,549,200
$1.5M
Market Conditions
NOI Build-Up for 6,100 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
$216.7K $35.52/SF
− Vacancy
−$30.8K −$5.04/SF
EGI
$185.9K $30.48/SF
− OpEx
−$46.5K −$7.62/SF
NOI
$139.4K $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%
$2,788,560
Cap Rate 7%
$1,991,829
Cap Rate 9%
$1,549,200
Alternative Uses
Best Use
Office B
$1.99M
$1.74M – $2.32M
NOI $139,428 @ 7.0% cap · market cap 5.51%
Second Best
Healthcare Medical
$1.74M
$1.53M – $2.04M
NOI $122,128 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,304 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 95603, CA
28,021
Population
12,538
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
35.8 sq mi
ZIP Area
783
Density / Sq Mi
$80,851
Median Household Income
$44,207
Median Earnings
$1,451
Median Rent
$613,900
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 - Fully occupied by healthcare and financial-services firms, the two-building property operates under NNN leases.
Where is this office building located?
The property is located at 13630 Bowman Road Auburn, CA.
What is the asking price?
The asking price for this property is $2,529,288.
What are key features of this property?
This property features: Two office buildings with 6,100 square feet combined; Both buildings are fully leased under NNN terms; Aegis Treatment Center occupies 13630 Bowman Road
