3999 Foothills Blvd - Drug Store FOR SALE


Roseville, CA 95747
$6,323,076 USD
916-488-6900
3999 Foothills Blvd, Roseville, CA for Sale
$6,323,076 USD
Drug Store - FOR SALE
1/11
null | 6.5% Cap Rate

3999 Foothills Blvd
Roseville, CA 95747


HIGHLIGHTS

  • Property sits on a heavy traffic signalized corner of Foothills Blvd and Main St.
  • The store has reported strong sales increasing year over year.
  • A large monument sign for the property is visible from the heavy traffic intersection of Foothills Blvd and Main St.

OVERVIEW

We are pleased to present the opportunity to acquire this Double Net (NN) leased Walgreens in Roseville, (Sacramento) California. Rare 10% Rent increase in September 2030. Walgreens extended the lease early an additional 5 years taking the base term through 2030. New roof was installed in 2016 and includes a 20 year transferable warranty. Perfect opportunity for a 1031 exchange investor.

FOR SALE DETAILS

PRICE

$6,323,076 USD

PRICE/SF

$420 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Medical, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

012-250-062

ASK ABOUT THIS PROPERTY

Jasvir RandhawaNational Business BrokerageMore Info
916-488-6900

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Jasvir RandhawaNational Business BrokerageMore Info
916-488-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.