Dental Office Condo
For Sale
$1,150,000
1603 Eureka Road 300, Roseville, CA 95661
Well-maintained dental office condo with modern tenant improvements, digital X-ray systems, and fully sprinklered life-safety features.
Property Size2,818 SF
Days on Market192
Property Features for 1603 Eureka Road 300
General Information
Standard status
Active
Size
2,818 SF
Class
Class D
Property subtype
Office
Additional Details
Sprinkler System
Yes
Amenities
professional landscaping
concrete landscaped parking islands
Building Details
Building Size
2,818 SF
Year Built
1995
Construction
wood frame
Listing Agency:
Robert C. Duncan, Broker
7977436
Listed By:
Robert Duncan
Source:
Teamnavigate
Added: Feb 2
Changed: Aug 8
Last Checked: Aug 12 at 3:09PM
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.
This professionally maintained dental office condo building was constructed in 1995 and features Class D wood frame and stucco exterior construction. The property includes good-quality dental tenant improvements and recent updates such as new interior paint, upgraded laminate flooring throughout, and newer LED flush-mounted lighting. Suite 300 has been well maintained and recently updated with newer plank laminated flooring, 9-foot latex painted and vinyl wall coverings, and tinted exterior glass windows. The suite layout includes a waiting room/reception area, business and doctors’ offices, sterilization room, X-ray/computer room, four individual exam/operatories, two hygiene rooms, employee break room, and a laundry room with staff lockers and restroom.
The building is fully sprinklered with fire safety system components, I-hour rated walls, 5/8-type gypsum sheetrock, and R-19 batt wall and ceiling insulation. Supporting equipment includes digital X-ray systems and an air compressor, along with a sterilization control box and ventilation system and sinks in most exam rooms. Common area entry and slate granite tenant signage are featured on the building facing the SE corner of Lead Hill Boulevard and Eureka Road.
Recent improvements include new laminated flooring throughout (2017), a new roof with a 20-year term, all LED lighting, breakroom locker upgrades, and additional lab ventilation and hot water heater and countertop-related updates.
The building is fully sprinklered with fire safety system components, I-hour rated walls, 5/8-type gypsum sheetrock, and R-19 batt wall and ceiling insulation. Supporting equipment includes digital X-ray systems and an air compressor, along with a sterilization control box and ventilation system and sinks in most exam rooms. Common area entry and slate granite tenant signage are featured on the building facing the SE corner of Lead Hill Boulevard and Eureka Road.
Recent improvements include new laminated flooring throughout (2017), a new roof with a 20-year term, all LED lighting, breakroom locker upgrades, and additional lab ventilation and hot water heater and countertop-related updates.
Key Highlights
- Constructed in 1995 with Class D wood frame and stucco exterior
- Suite 300 dental layout includes four exam/operatories plus two hygiene rooms
- Fully sprinklered fire safety system with I‑hour rated walls and R‑19 insulation
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
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
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 - Well-maintained dental office condo with modern tenant improvements, digital X-ray systems, and fully sprinklered life-safety features.
Where is this medical office space located?
The property is located at 1603 Eureka Road 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: Constructed in 1995 with Class D wood frame and stucco exterior; Suite 300 dental layout includes four exam/operatories plus two hygiene rooms; Fully sprinklered fire safety system with I‑hour rated walls and R‑19 insulation
