Medical Office Condo with Dental
For Sale
$1,150,000
1603 Eureka Rd Unit 300, Roseville, CA 95661
Updated dental suite with operatories, imaging, sterilization, and staff support areas.
Property Size2,818 SF
Price / SF$408.09
Days on Market18
Property Features for 1603 Eureka Rd Unit 300
General Information
Standard status
Active
Size
2,818 SF
Class
Class D
Additional Details
Road Access
Yes
Sprinkler System
Yes
Amenities
professional landscaping
tenant signage
Building Details
Year Built
1995
Buildings
1
Construction
wood frame
Listing Agency:
Robert C. Duncan, Broker
7977436
Listed By:
Robert C Duncan
Source:
Themorerealestategroup
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 25 at 5:42AM
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 Robert C. Duncan, Broker
Investment Insights
Based on property information with market context.
Suite 300 is a 2818-square-foot medical office condominium configured for dental operations. The interior includes a reception and waiting area, business office, doctor’s office, sterilization room, X-ray and computer room, four exam/operatories, two hygiene rooms, a break room, laundry area with lockers, and a staff restroom. Dental improvements include digital X-ray equipment, an air compressor, sterilization controls, room sinks, quartz surfaces, wood cabinetry, etched glass partitions, newer laminate flooring, LED lighting, and tinted exterior windows.
The building was constructed in 1995 and has received updates including a new roof, interior painting, upgraded flooring, improved laboratory ventilation, a new hot water heater, and refreshed hygiene-area counters. Building systems include fire sprinklers, a fire safety system, one-hour-rated walls, 5/8-type gypsum sheetrock, and R-19 batt insulation. The property is located at the southeast corner of Lead Hill Boulevard and Eureka Road within a landscaped garden office campus with concrete parking islands and rooftop HVAC units.
The building was constructed in 1995 and has received updates including a new roof, interior painting, upgraded flooring, improved laboratory ventilation, a new hot water heater, and refreshed hygiene-area counters. Building systems include fire sprinklers, a fire safety system, one-hour-rated walls, 5/8-type gypsum sheetrock, and R-19 batt insulation. The property is located at the southeast corner of Lead Hill Boulevard and Eureka Road within a landscaped garden office campus with concrete parking islands and rooftop HVAC units.
Key Highlights
- 2818 SF medical office condominium configured as a dental suite
- Four exam/operatories and two hygiene rooms
- Digital X‑ray systems, air compressor, and sterilization controls
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
$38,347
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
3.33%
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%
$766,940
$766.9K
Cap Rate 7%
$547,814
$547.8K
Cap Rate 9%
$426,078
$426.1K
Market Conditions
NOI Build-Up for 2,818 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
$71.0K $25.20/SF
− Vacancy
−$7.1K −$2.52/SF
EGI
$63.9K $22.68/SF
− OpEx
−$25.6K −$9.07/SF
NOI
$38.3K $13.61/SF
Area
Roseville, CA
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
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%
$766,940
Cap Rate 7%
$547,814
Cap Rate 9%
$426,078
Alternative Uses
Best Use
Healthcare Medical
$547.8K
$479.3K – $639.1K
NOI $38,347 @ 7.0% cap · market cap 3.33%
Second Best
Office B
$542.6K
$474.8K – $633.0K
NOI $37,982 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$775.6K
$678.7K – $904.9K
NOI $54,292 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,079
Businesses Nearby
Well-served
Demand for This Use
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?
Medical Office Space - Updated dental suite with operatories, imaging, sterilization, and staff support areas.
Where is this medical office space located?
The property is located at 1603 Eureka Rd Unit 300 Roseville, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2818 SF medical office condominium configured as a dental suite; Four exam/operatories and two hygiene rooms; Digital X‑ray systems, air compressor, and sterilization controls
