9077 Foothills Blvd
Roseville, CA 95747
Retail Property For Sale

CORE Commercial is pleased to offer this freestanding automotive building for sale in Roseville, CA at a price of $1,645,000 / 6.88% Cap / $147 PSF. This property has operated as a Midas since 2012. The owner of the real estate, who was also the operator of the Midas business, recently sold the Midas Franchise to a 2 unit operator. A new 10 year lease has been executed with an anticipated opening date of July 1, 2020. The lease calls for a 10% rental increase in year 6 of the lease as well as each of the 2, 5 year options to renew. Historically this has been a top performing Midas location (please inquire with broker regarding sales). Midas operates out of approximately 8,900 SF which puts the rent at a defendable and replaceable rate of $1.07 PSF, Modified Gross. Smog 1 operates out of approximately 2,300 SF and has just over 2 years of lease term remaining. Smog 1's rent equates to $0.74 PSF, Modified Gross. Clean environmental. Contact Patrick at 916.871.2269 to discuss or schedule a tour. The city of Roseville, CA is located approximately 20 miles northeast of Sacramento via Interstate 80. The largest city in Placer County, Roseville is a thriving community that has enjoyed more than a century of continued growth due in large part to its centralized and convenient location as well as its business friendly environment.