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Home > Documents > Granite Bay Medical/Office Building FOR SALE / LEASE 6910 ......Jon R. Walker. 916.751.3631....

Granite Bay Medical/Office Building FOR SALE / LEASE 6910 ......Jon R. Walker. 916.751.3631....

Date post: 09-Jul-2020
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This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com Granite Bay Medical/Office Building 6910 Douglas Blvd, Granite Bay, CA FOR SALE / LEASE Total building size: 8,243 SF 1,613-3,176 SF available with notice (suites A & B) 6/1,000 Parking ratio Douglas Boulevard building signage available Excellent area demographics and services Current tenants: Zanzi Dental, Mills Dental, Wellness Management and Monarch Skin Care Jon R. Walker 916.751.3631 [email protected] Lic #01204666 RENTAL RATE: $1.90/SF + ELECTRIC & JANITORIAL CONTACT SITE Suite A Recently Renovated (5 MI TO I-80) FOLSOM LAKE GRANITE BAY FOLSOM ROSEVILLE CITRUS HEIGHTS ROCKLIN SALE PRICE: $2,300,000 ($279/SF) INVESTMENT OR OWNER/USER OPPORTUNITY Douglas Blvd
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This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

Granite Bay Medical/Office Building 6910 Douglas Blvd, Granite Bay, CAFOR SALE / LEASE

Total building size: 8,243 SF

1,613-3,176 SF available with notice (suites A & B)

6/1,000 Parking ratio

Douglas Boulevard building signage available

Excellent area demographics and services

Current tenants: Zanzi Dental, Mills Dental, Wellness Management and Monarch Skin Care

Jon R. [email protected] #01204666

RENTAL RATE: $1.90/SF + ELECTRIC & JANITORIAL CONTACT

SITE

Suite A Recently

Renovated

(5 MI TO I-80)

FOLSOM LAKE

GRANITE BAY

FOLSOM

ROSEVILLE

CITRUS HEIGHTS

ROCKLIN

SALE PRICE: $2,300,000 ($279/SF) INVESTMENT OR OWNER/USER OPPORTUNITY

Douglas Blvd

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

FEATURES & HIGHLIGHTS

Jon R. [email protected] #01204666

CONTACT

2016 upgrades included: new roof installed, 1 HVAC unit replaced, updated landscaping and drains, and upgraded high speed Internet

Parking lot slurry installed in 2017

Referred to as Hidden Lakes Health Care & Dental

Land Size: ±0.83 AC

Zoned: C1LDC

Year Built: 1989

APN: 048-360-053

DEMOGRAPHICS

1 mile 3 miles 5 miles

Population5,745 27,889 117,173

Avg HH Income$135,215 $139,327 $110,799

Avg Age44.50 43.20 41.10

Median Home Value

$592,027 $631,735 $448,894

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

NEWLY RENOVATED SUITE A

Jon R. [email protected] #01204666

CONTACT

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

FLOOR PLAN (NOT TO SCALE)

Jon R. [email protected] #01204666

CONTACT

Reception

Office

UNIT A (±1,613 SF)

Supplies

Open Work Area

RR

RR

Office

Office

RENT ROLL

SUITE A

SUITE B

SUITE C

SUITE D

SUITE F

1,613 SF1,563 SF1,263 SF1,650 SF2,154 SF

Available

Mills Dental

Monarch Skin Care

Wellness Mgmt

Dr. Zandi

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

AREA OVERVIEW

Jon R. [email protected] #01204666

CONTACT

Dou

glas

Blv

d

Auburn Folsom Rd

SITE

VETERINARY

PRESCHOOL

SUSIE’S CAFE

N

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

SITE PLAN

Jon R. [email protected] #01204666

CONTACT

Douglas BlvdA

uburn F

olso

m R

dSITE

VETERINARY

PRESCHOOL

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR. kiddermathews.com

FOR SALE / LEASE 6910 Douglas Blvd

INCOME & EXPENSE

Jon R. [email protected] #01204666

CONTACT

SUITE TENANT SF LEASE START LEASE END RENT / MO. BASE RENT/YR PSF /MO. OPTIONS

A Available 1,613 1/1/2016 MTH-MTH $3,113 $37,356 $1.93 none

B Mills Dental* 1,563 1/1/1990 12/31/2021 $3,045 $36,540 $1.95 none

C Monarch Skin Care 1,263 7/1/2018 6/30/2020 $2,640 $31,680 $1.93 3-5 yr

D Wellness Mgmt 1,650 1/1/2016 4/30/2020 $2,438 $29,256 $1.93 none

F Zanzi Dental 2,154 1/1/2014 12/31/2020 $4,250 $51,000 $1.97 3-5 yr

8,243 $15,486 $185,832 $1.88

*For an investor purchase, Mills Dental is willing to extend its lease. Auto Express (Owner) will move out at close of Escrow if needed

OPERATING INCOME

Rent $186,746.00

Tenants pay separate electric, gas, and

janitorial

TOTAL TAXABLE INCOME $186,746.00

TOTAL CAM INCOME $0.00

TOTAL OPERATING INCOME $185,832.00

Less Opex (summary to the right)

NET OPERATING INCOME $143,152.00

6.20% Cap $2,300,000.00

EXPENSES:

Fire Alarm $626.00

General Repair & Maintenance $8,472.00

Property Insurance $2,411.00

Property Taxes at Purchase (estimated) $26,000.00

Landscape Maintenance $3,905.00

Management Fee

(owner self manages) $0.00

Trash $3,071

Pest Control $748.00

Water $2,166.00

PG&E Lighting - lobby, exterior

and parking lot$4,191.00

SubTotal $51,590.00


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