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965 Riverside Ave
Roseville, CA 95678
Service King · Retail Property For Sale
PROPERTY FACTS
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
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PROPERTY TAXES
Parcel Number | 472-250-038 | Improvements Assessment | $1,313,973 |
Land Assessment | $226,002 | Total Assessment | $1,539,975 |
PROPERTY TAXES
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Listing ID: 16577287
Date on Market: 7/10/2019
Last Updated:
Address: 965 Riverside Ave, Roseville, CA 95678
The Retail Property at 965 Riverside Ave, Roseville, CA 95678 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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