222 Douglas Blvd Roseville, CA 95678-3238

Property Details for 222 Douglas Blvd

Year built

1954

Construction

TILT-UP CONCRETE

Lot size

0.17 lot acres

Property size

4,050 SF

Zone code

R400

Property type

Retail space

APN

014-092-001-000

APU

14092001000

Description

This Roseville, CA retail strip center presents a compelling investment opportunity. The 4,200 square foot property, built in 1960 and renovated in 2020, is situated on a 0.35-acre lot at 222 Douglas Blvd, 95678, and boasts 100% occupancy with four tenants under NNN leases. The property features 18 parking spaces and benefits from a 7.00% cap rate and a strong NOI of $91,383. Leases include 2-4% annual rent bumps, ensuring consistent income growth. The asking price is $1,305,000 ($310.71/sq ft). The property is zoned for commercial use and enjoys a prime location on Douglas Blvd (15,485 vehicles per day) near I-80 (198,158 vehicles per day), placing it within easy reach of a large consumer base. Its proximity to Old Town Roseville, Sierra College, and new residential developments guarantees high foot traffic and consistent demand. The property's strategic location near major retailers and shopping centers further enhances its appeal. This stabilized investment, with its strong tenant base and built-in growth potential, offers a secure and lucrative return for investors seeking a well-positioned retail asset in a thriving Northern California market. The property is offered fee simple and is suitable for a 1031 exchange. The property's current CAM reimbursements are at 68.3% of eligible amounts, presenting an opportunity for increased income through full reimbursement collection.

Location Insight

City

Roseville

County

Placer

State

California

Longitude

-121.288

Latitude

38.7438

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments