1617 Douglas Blvd - Freestanding FOR SALE
Roseville, CA 95661 |
1617 Douglas Blvd
Roseville, CA 95661
HIGHLIGHTS
- Skechers (NYSE: SKX) & Harbor Freight Tools – Strong Corporate Credit – Corporate Lease Guarantees
- Subject Property Completely Renovated In 2024 & 2025 – No Deferred Maintenance – New Roof, HVAC & Parking Lot
- New 10-Year Triple (NNN) Leases With 10% Rent Escalations Every 5 Years – Tenants Actions Clearly Show Strong Commitment to This Location
- Tenants Are Paying an Under-Market Rent Of $15.00 PSF– Below the Current $24-$28/PSF NNN Market Rental Rate
- A+ Real Estate Location – Douglas Blvd. Frontage – Less Than 1/2 Mile From I-80 Freeway Exit – Shadow Anchored by Hobby Lobby & Ross Dress for Less
- Strong Demographics – Growing Affluent Sacramento Suburb With 2.6M People in the MSA
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Harbor Freight Tools & Skechers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
35988
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
195
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
013-280-019
