Investment Highlights

100% LEASED THREE-TENANT ASSET WITH SCHEDULED RENTAL INCREASES
» 100% leased three-tenant asset
» Scheduled rental increases for all tenants, providing a hedge against inflation
» New corporate net leases to “Amazon-proof” tenants that allow for investment diversification

LOCATED IN A DENSELY POPULATED, AFFLUENT, AND GROWING CALIFORNIA CORRIDOR
» Located near the signalized intersection of Blue Oaks Boulevard (59,486 AADT) and Roseville Parkway, with cross access from Woodcreek Oaks Boulevard (20,060 AADT)
» Beneficial proximity to California thoroughfares, including State Route 65/Roseville Bypass (76,800 AADT)
» Population of 191,379 within a five-mile radius, creating a consistent customer base for the site
» Average annual household income of $162,690 within one mile of the location
» Projected 15 percent average annual household income increase within one-mile of the site in the next five years, poising Shops at Campus Oaks and Roseville for concurrent growth

CAMPUS OAKS TOWN CENTER LOCATION NEAR LARGE RETAILERS AND EMPLOYERS
» Located within Campus Oaks Town Center, a new 38-acre retail development anchored by Nugget Markets and including 24 Hour Fitness, Panda Express, Del Taco, Starbucks, Jamba Juice, MOD Pizza, Supercuts, and many more
» Within five miles of nine major shopping centers (combined 4.4 million SF of retail space and 498 stores), promoting crossover shopping to the location
» Minutes from the Fiddyment Farm master-planned community (±5,195 new homes)
» Surrounded by a multitude of offices and distribution centers such as Sutter, Cokeva, PRIDE Industries, and the Hewlett Packard campus
» Beneficial proximity to the Roseville Parkway extension project, which is expected to increase the average daily traffic count at the parcel intersection to 89,500 AADT

Property Description

SOLD

Visibility to the property is increased by the site’s centralized location in a densely populated and growing retail corridor. The site is located near the signalized four-way intersection of Blue Oaks Boulevard and Woodcreek Oaks Boulevard (79,546 AADT). The location benefits from its proximity to California thoroughfares, including State Route 65/Roseville Bypass (76,800 AADT). 191,379 residents live within a five-mile radius of the location, establishing a consistent customer base for the site. The property also resides in an affluent area, with an average annual household income of $162,690 within one mile of the location. The site is located in an area that is experiencing rapid growth, with a projected 15 percent average annual household income increase within one mile of the site in the next five years.

The property has an infill location surrounded by a strong mix of national retailers and tenants. The site is located within Campus Oaks Town Center, a new 38-acre retail development anchored by Nugget Markets and including 24 Hour Fitness, Panda Express, Del Taco, Starbucks, Jamba Juice, MOD Pizza, Supercuts, and many more. The site also resides within five miles of nine major shopping centers (combined 4.4 million SF of retail space and 498 stores), promoting crossover shopping to the location. The property is in a beneficial location just minutes from the Fiddyment Farm master-planned community, which upon completion will feature ±5,195 new homes. The location is also surrounded by a multitude of offices and distribution centers such as Sutter, Cokeva, PRIDE Industries, and the Hewlett Packard campus. The site maintains proximity to the ongoing Roseville Parkway extension project, which is expected to increase the average daily traffic count at the parcel intersection to 89,500 AADT.