400 plaza drive | suite 200 folsom, ca€¦ · 400 plaza drive | suite 200 folsom, ca. fully...

400 PLAZA DRIVE | SUITE 200FOLSOM, CAFully leased, office condominium.

The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed or implied, is made to the accuracy of the information contained herein.

Exclusively Listed By:

ROBB OSBORNESenior Vice PresidentTel: (916) [email protected] Lic. #01398696

BRANDON SESSIONSVice PresidentTel: (916) [email protected] Lic. #01914432

LINCOLN GATEWAY100-170 GATEWAY DRIVE | LINCOLN, CA 95648

400 PLAZA DRIVE | SUITE 200FOLSOM, CA


FolsomLake

Am

eric

an R

iver

Main Ave

Roseville Pkwy Sa

nta Ju

anita

Ave

Chestnut Ave

Bidwell St

Natoma St

Folsom Lake Crossing

Blue Ravine Rd

Oak Ave Pkwy

Iron Point RdIron Point Rd

Madison

Ave

Greenback Ln

Riley St

Riley St

Natoma St

Folso

m Bl

vd

Auburn Folsom Rd

Oak Ave Pkwy

Ameri

can R

iver C

anyo

n Dr

P raire City Rd

Sibley St

Winding Oak Dr

Greenback Ln

Elm Ave

Glenn Dr

Montrose Dr

Blue Rain

e Rd

50

FOLSOM

400 Plaza Drive is a two-story, multi-tenant, condominium building located within the Folsom Submarket, Folsom, CA. The building is approximately ± 43,606 square feet building, was built in 1999 and overlooks Lake Natoma. The property enjoys excellent access to many shopping and restaurant centers. 400 Plaza is located 21 miles from Downtown Sacramento and 30 miles from Sacramento International Airport.

Suite 200 is approximately ± 17,618 gross square feet and is fully leased to RetailPro, International (RPI). RetailPro is a global provider of retail management software. RetailPro software works by streamlining point-of-sale, inventory management and customer service. Founded over 25 years

ago, the company boasts retail customers in over 130 countries. Suite 200 is the headquarters for RetailPro; additionally the company has five regional offices and over 90 local support offices.

400 Plaza Drive, Suite 200 offers investors a quality building with national credit tenancy. The leased condominium is being offered at $182 per square foot.

PRICE: NOI: CAP RATE:$3,194,476 $231,600 7.25%

Executive Summary



PROPERTY HIGHLIGHTS• Fully leased, office condominium for sale

• The tenant is RetailPro, International (RPI), an international provider of retail management software

• Lease expiration March 2024

• Class “A” building with stylistic architectures, including upscale exterior landscaping, extensive window lines, nicely decorated common areas and dual lobby entrance feature

• The building sits in the heart of Folsom Business Core and is easily accessible by Blue Ravine Road, a major, regional thoroughfare

• Located near intersection of Folsom Blvd and Blue Ravine Rd, resulting in high daily traffic counts (15,182 cars/day per 2015 MPSI)

• Located just minutes from Highway 50 at the Folsom Blvd exit

• Close to numerous retail, shopping, and restaurant ameni-ties including the Palladio at Broadstone, Folsom’s newest high-end lifestyle center

• Zoning: C3-PD per Sacramento County

FOLSOM DEMOGRAPHICS 1 MILE: 3 MILE: 5 MILE:

2018 Total Population 10,673 76,993 152,116

2023 Total Population 11,249 81,020 160,221

2018 Average HH Income $134,879 $112,757 $121,189

2018 Total Households 4,034 27,850 56,028

Median Home Value $402,374 $417,701 $442,408


TENANT INFORMATION: RETAIL PRORetail Pro International (RPI) is a global provider of software solutions. With customers world ride, RPI offers retail management for big-box retailers and independent boutiques alike. By streamlining point of sale (POS) purchase and retail management for unified commerce, Retail Pro software achieves enhanced operations for its business partners and improved overall customer experience.

RPI software products are ideally suited for a variety of users, including apparel, footwear, sporting goods, gift stores, jewelry, franchises, electronics, venues, lifestyle, beauty, hard goods and boutiques.

CUSTOMERS REPRESENTED INCLUDE:

With five regional offices, 90+ local support offices, and 100+ counties counties supported daily, Retail Pro International is recognized world-wide for rich functionality, multi-national capabilities, and unparalleled flexibility. For over 25 years, RPI has innovated retail software solutions to help retailers optimize business operations and have more time to focus on what really matters - cultivating customer engagement and capi-talizing on retail’s trends.



Not a Part

FLOOR PLAN: SUITE 200



Not a Part

CLASS “A” BUILDING DESIGN



Blue Ravine Road

Folsom Boulevard

Natom

a Stati on Drive

Sibley Street

Caliber Collision

The Gathering Place ChurchKids Kount Preschool and

Kindergarten

Curry ClubSuishin Sushi

Rak Thai Cuisine

Sola Salon StudiosLe Spa

Vitality PharmacyZuda Yoga

Folsom Lake Toyota Service Center


Exclusively Listed By:

ROBB OSBORNESenior Vice PresidentTel: (916) [email protected] Lic. #01398696

BRANDON SESSIONSVice PresidentTel: (916) [email protected] Lic. #01914432

400 PLAZA DRIVE | SUITE 200FOLSOM, CAFully leased, office condominium.

400 plaza drive | suite 200 folsom, ca€¦ · 400 plaza drive | suite 200 folsom, ca. fully...

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