234 Gibson Dr, Roseville, CA 95678-5886
- Retail space
- 7,246 SF
- 0.39 lot acres
Current Use by Public Records
- La Popular Roseville / Restaurant
- Eureka! / Restaurant
Property Details for 234 Gibson Dr
- Year built
- 2019
- Construction
- WOOD
- Lot size
- 0.39 lot acres
- Property type
- Retail space
- APN
- 361-230-007-000
- APU
- 361230007000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 30, 2025 | $5,650,000 | Reego LP | Pac Shores Holdings LLC | Grant Deed | — |
| Jun 15, 2021 | — | Pac Shores Holding LLC | — | Deed · related | $9.1M · California Bank Of Commerce |
| Nov 1, 2019 | — | Pac Shores Holding LLC | — | Deed · related | $3.2M · Five Star Bk |
| Dec 31, 2018 | — | Pac Shores Holding LLC | — | Trustees Deed · related | $2.8M · Five Star Bk |
| Dec 7, 2017 | $1,400,000 | Pac Shores Holding LLC | 990 Reserve Drive LLC | Grant Deed | — |
| Aug 17, 2017 | — | Efalls Prop Roseville Ca LLC | — | Grant Deed · related | $6.7M · Falls Event Center LLC |
| Mar 16, 2017 | — | 990 Reserve Drive LLC | Redus Ca Properties LLC | Grant Deed · related | — |
| Jul 23, 2013 | $5,050,500 | 990 Reserve Drive LLC | Redus Ca Properties LLC | Grant Deed | — |
| Sep 2, 2010 | $250,000 | Redus Ca Properties LLC | Chicago Title Co | Trustees Deed · related | — |
| — | — | Pac Shores Holding LLC | — | Loan Modification · related | $3.2M · Five Star Bk |
Description
This exceptional investment opportunity presents a fully leased, Class A, single-story restaurant building totaling 7,800 square feet, situated at 234 Gibson Drive in Roseville, California. Built in 2020, the property boasts a modern design with stylish interior finishes, an indoor/outdoor bar, and a large patio featuring contemporary landscaping, lighting, and overhangs. The property is 100% occupied by two corporate-guaranteed tenants, Eureka! Restaurant and La Popular Taqueria, each operating under a 10-year lease agreement. This represents a Net Lease (NNN) investment with a 6.13% cap rate and an asking price of $6,400,000. The property sits on a 16,787 square foot lot within the Roseville/Rocklin submarket, a highly affluent area of Sacramento. Its strategic location off Roseville Parkway, a major thoroughfare with over 45,200 vehicles daily, places it adjacent to Westfield's Roseville Galleria, a 1.3 million square foot upscale shopping mall. The property is also within walking distance of The Fountains, a high-end outdoor mall featuring retailers such as Whole Foods, ZGallerie, Chico's, and J.Crew. The property benefits from ample parking and a recently updated parking lot. This is a turnkey investment in a thriving retail corridor with strong tenant occupancy and a desirable location. The property's APN is 361-230-007-000 and is zoned for Commercial-Retail use.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,780,000
- ML approach
- $5,765,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,073,000
Market price range: $601k - $4.07M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $9,295,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Placer
- State
- California
- Longitude
- -121.275
- Latitude
- 38.7751
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
