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28165339
28165335

3875 Atherton Road Condo Unit 100, Rocklin, CA 95765

RO
CA 01398696
Gallelli Real Estate
BS
CA 01914432
Gallelli Real Estate
KK
CA 02079314
Gallelli Real Estate
Listed by Gallelli Real Estate
$3,400,000
210 days on market
Updated 25 days ago

3875 Atherton Road Condo Unit 100

Details
Property Type Industrial
Sub Type Flex
Square Footage 11,078
Units 1
Cap Rate 7.00%
NOI $238,452
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Price per SqFt $307
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Sale Condition For sale by owner

Industrial | 7.00% CAP | 11,078 SqFt

Marketing description

Located in the Atherton Tech Center, this single story flex building houses Marquee Fire Protection who leases about 58% or 11,021 SF of the total property. A condo map was placed on the building allowing for the independent sale of Marquee Fire Protection’s space. The Subjects location off of Highway 65 provides for convenient access to all main freeways as well as retail amenities in the South Placer area, which remains as the best commercial real estate market in greater Sacramento. The building’s office/industrial flex buildout and light industrial zoning provides for a variety of uses in a highly sought after location. The interior configuration is greatly appealing to the requirements of today’s tenants. The space is made up of a mix of open areas, private offices, as well as warehouse space with ample clear height, a roll up door, showers and lockers, and an abundance of natural light. The building’s roof is also covered in solar panels, which were installed in 2009, creating substantial energy costs savings

Investment highlights

  1. 100% leased NNN asset with highly desirable and recession proof Tenant, Marquee Fire Protection

  2. NNN lease is fully guaranteed by privately held, billion dollar company, Pye-Barker Fire and Safety Company

  3. Strong rents showcase strength of Tenant, who has roughly 3 years left on the existing lease

  4. Located just off Highway 65, providing access to all area freeways, residential communities, and retail amenities

  5. Located within Atherton Tech Center, a development housing over 1,000,0000 SF of office and industrial space

  6. Atherton Tech Center is home to many significant firms, including Williams Sonoma, the GAP, TASQ, Verifone, and

    Rocklin Ranch Veterinary

  7. Solar panels line the entirety of the roof, creating energy cost savings, renewable energy, energy independence

    from the local power grid, and an increased property value

Listing Contacts

RO
CA 01398696
Gallelli Real Estate
BS
CA 01914432
Gallelli Real Estate
KK
CA 02079314
Gallelli Real Estate
Listed by Gallelli Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$238,452.00
$19,871.00/mo

Valuation Metrics

0
DSCR
7.01%
Cap Rate
7.01%
ROI

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