Property profile

3985 Foothills Blvd Roseville, CA 95747

OFF-MARKET
Medical Office Space
Property ID
US09-9416937
6,182 SF 0.8 ac lot Built 2004
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,182 square foot medical office building located at 3985 Foothills Boulevard in Roseville, California. The property, built in 2004, sits on a 0.8-acre lot and boasts 20 parking spaces. Currently occupied by Bird and Pet Clinic of Roseville under a Net Lease (NN) agreement, the tenant has demonstrated remarkable longevity, occupying the space for over 18 years and recently extending their lease to December 30, 2029, with a rental increase anticipated in January 2024. The lease features three 5-year options, providing long-term stability and predictable income. The property offers a strong 5.18% cap rate based on a Net Operating Income (NOI) of $168,396 and an asking price of $3,250,000 ($525.72 per square foot). The tenant's specialized veterinary practice draws clients regionally, contributing to consistent occupancy and revenue. The prominent Roseville location ensures high visibility and accessibility, benefiting from significant traffic and a dense population. Attractive local financing options are available, subject to buyer and lender approval, with a potential interest rate of 4.95%. This is a rare opportunity to acquire a well-maintained, recession-resistant medical office investment with a highly committed, long-term tenant in a prime Roseville location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction WOOD
Total area 6,182 SF
Lot 0.8 ac (34,848 SF)
APN 012-250-066-000
UPID US09-9416937

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic
  • Veterinary Clinic

Location

3985 Foothills Blvd Roseville, CA 95747-7256
Roseville metro Census 20908 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$554k
Blend (final) Blend
$895k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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