Investment Overview

The offering consists of a 12,123-square-foot single-tenant net-leased building situated on a 1.01-acre parcel in Roseville, California. The property is master leased to O’Reilly Auto Parts under an absolute triple-net (NNN) lease with six years remaining on the current firm term. O’Reilly Auto Parts has occupied the location since December 7, 1999. In 2021, the tenant executed a new 10-year lease commencing September 1, 2021, with a scheduled expiration on August 31, 2031. While O’Reilly has subleased 3,797 square feet to Brake Masters, they retain full financial responsibility for rent and all expenses under the master lease. The building, originally constructed in 1972, has operated as an auto parts store continuously since its development, underscoring the strength of this location for automotive-related retail. The property is strategically positioned at the signalized intersection of Douglas Boulevard and Harding Boulevard, just one block from the Interstate 80 / Douglas Boulevard interchange. This prime location benefits from heavy traffic, with over 43,000 vehicles per day along Douglas Boulevard and 19,000 vehicles per day along Harding Boulevard. The site offers excellent visibility and convenient access. The property is part of a larger shopping center directly across from Roseville Square Shopping Center, anchored by well-known retailers including Trader Joe’s, Subway, Planet Fitness, Grocery Outlet, Bank of America, and Banfield Pet Hospital. Additionally, a new 85°C Bakery Café is currently under construction on the hard corner of Douglas Boulevard and Harding Boulevard within Roseville Square. Tenants within the subject property’s shopping center include Ace Hardware, Dollar Tree, McDonald’s, Arco AM/PM, and iFly Indoor Skydiving, contributing to strong consumer traffic and a complementary retail mix. Roseville is one of the Sacramento region’s most desirable suburban communities, recognized for its strong demographics, excellent quality of life, and strategic location. With a population of more than 160,000, the city continues to experience steady growth supported by high income levels—median household income exceeds $115,000, well above state and national averages. Residents enjoy a robust economy anchored by major employers such as Hewlett-Packard, Kaiser Permanente, Sutter Health, and the City of Roseville, providing stability and diverse job opportunities. The city is also known for its abundant retail amenities, including the Westfield Galleria at Roseville and the Fountains lifestyle center, which attract shoppers from across the region. Roseville offers an exceptional quality of life, with award-winning schools, expansive parks, and proximity to outdoor recreation. Conveniently situated along Interstate 80, Roseville is less than 20 miles northeast of Downtown Sacramento, providing easy access to the state capital, and within a two-hour drive of world-class destinations such as Lake Tahoe, Napa Valley, and the San Francisco Bay Area. This combination of strong demographics, employment base, and location makes Roseville one of Northern California’s premier markets for both businesses and residents.