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