Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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