Retail    

Hobby Lobby

 Roseville (Sacramento), CA

Asking Price

$11,758,000

Cap Rate

5.50%

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NOI

$646,705

Rent Increases

Rent Increases

Every 5 Years

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Building Size

76,083 SF

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Acreage

6.70 AC

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Expenses

NN

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Year Built

1983

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Corporately Leased to $7.9B Revenue Company
  • Early Lease Extension | 10.5 Years Remaining | 13 Years of Operating History
  • Positioned Along Douglas Blvd (± 61,994 VPD) | 0.5 Miles from I-80 (± 195,185 VPD)
  • Located in Dense Retail Corridor | 8+ Million Annual Visits
  • NN Lease with Minimal Landlord Responsibilities
  • Growing Suburb of Sacramento | 2.6M MSA Population
  • Outstanding Local Demographics | Affluent $140K AHHI
  • <1 Mile from Roseville Medical Center | 352 Beds

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com      918.794.9538

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com      918.794.9523

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com      918.794.9551

David Annett

Associate Vice President
  dannett@northmarq.com      918.794.9514

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

In Association With:

Milo Spector

CA Broker License #01959211

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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