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965 Riverside Ave
Roseville, CA 95678

Service King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
26,960 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.75 AC
Zoning
GC-SA
Parking
38 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
101 FT on Riverside Ave

About 965 Riverside Ave , Roseville, CA 95678

PROPERTY DETAILS - Brand new lease with Service King, ± 8 years on current lease - Above market 2% annual increases, great hedge against inflation - Low Rent/SF – Service King is currently only paying about $7.43/foot/year, 40% below market for comparable spaces and substantially below area rent LOCATION - Strategically located on the busy corner of Riverside Ave and Cirby Way, combined of over 80,000 VPD - Located next to Starbucks, Public Storage, Kaiser Permanente and Chevron - High-Income Market – Average Incomes Above $80,000 TENANTS - Service King is one of the largest Collision Repair companies in the United States with over 340 Locations in 24 Different States - Significant Private Equity Funding – Blackstone Group LP and Carlyle LP backed, with Blackstone Group LP with controlling shares - Service King is estimated to have over $1 Billion in annual revenue and employs more than 6,000 people - Service King is capitalizing on the consolidation of the rapidly growing Collision Industry, a $33+ billion industry in US and Canada - Great Hedge Against Ecommerce

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
472-250-038
Land Assessment
$226,002
Improvements Assessment
$1,313,973
Total Assessment
$1,539,975
  • Listing ID: 16577287

  • Date on Market: 7/10/2019

  • Last Updated:

  • Address: 965 Riverside Ave, Roseville, CA 95678

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