246 Vernon St, Roseville, CA
Multi-tenant retail and restaurant building in Downtown Roseville.
- Added:
- May 7, 2024
- Days on Market:
- 769
- Last Refresh:
- May 20 at 8:45 pm
Property Features for 246 Vernon St
General Information
- Standard status
- Active
- Size
- 4,980 SF
- Lot size
- 0.10 Acres
- Property subtype
- OFFICE
Listing agent Steve Park License #01472232 (916) 792-1462
Listing office TRI Commercial | Roseville (916) 792-1462
Listing date May 7, 2024
Source Moodyscre
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 TRI Commercial | Roseville
HighLights
- Highly visible corner location in Downtown Roseville
- Multi‑tenant retail and restaurant building
- Close proximity to Highway 80
- New parking garage within one block
- Enjoy the spaciousness of 12+ foot ceilings
- Outdoor seating a possibility
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.5k | $24.00 |
| − Vacancy | −$6.9k | −$1.39 |
| EGI | $112.6k | $22.61 |
| − OpEx | −$28.1k | −$5.65 |
| NOI | $84.4k | $16.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Placer
- State
- California
- Longitude
- -121.284
- Latitude
- 38.7492
