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Published on: Thursday, April 17, 2025
Updated on: Wednesday, September 24, 2025
About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
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  Harbor Freight & Skechers

1617 Douglas Blvd Roseville California , 95661
1617 Douglas Blvd Roseville California , 95661  NNN Investment Group
Listing ID: CL-California-14831 Shopping Mall/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.21
Net Operating Income: $534,750.00
Quick Glance
Listing ID: CL-California-14831
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1974
Building Size: 35,988.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 5
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Skechers-Harbor-Freight-Roseville-CA.pdf ( 10,505.14KB)
Listing Summary
Lee & Associates, together with Bang Realty, are please to present a 100% leased, dual-tenant retail asset in the high-growth market of Roseville, California.
Complete Details
Year Build: 1974
Building Size: 35,988 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 5
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description

Strategically positioned along a major retail corridor, the property is anchored by two nationally recognized tenants—Skechers, a global footwear leader (NYSE: SKX), and Harbor Freight Tools, a household name in value hardware retail with over 900 locations nationwide. This offers a stable and passive income stream for investors.

The property benefits from strong visibility, excellent signage, and recent upgrades including a refreshed façade and improved parking lot infrastructure. It boasts convenient ingress and egress and ample on-site parking, making it a high-traffic destination for local and regional shoppers.

Located in one of the most affluent and fast-growing areas of the greater Sacramento region, the surrounding 5-mile radius includes a population of over 230,000 residents with an average household income exceeding $115,000. Roseville is a highly desirable city known for its robust retail sector, strong employment base, and quality of life—making this asset not only a secure investment but one with long-term upside potential. With credit tenants, excellent demographics, and a prime location, this property checks all the boxes for both seasoned and first-time investors.

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Property Highlights
  • Skechers (NYSE: SKX) & Harbor Freight Tools | Strong Corporate Credit | Corporate Lease Guarantees
  • Subject Property Completely Renovated In 2024 & 2025 | No Deferred Maintenance | New Roof, HVAC & Parking Lot
  • New 10-Year Triple (NNN) Leases With 10% Rent Escalations Every 5 Years | Tenants Actions Clearly Show Strong Commitment to This Location
  • Tenants Are Paying an Under-Market Rent Of $15.00 PSF– Below the Current $24-$28/PSF NNN Market Rental Rate | Low 4.8% Retail Vacancy Rate and High Demand (Source: Co-star)
  • A+ Real Estate Location | Douglas Blvd. Frontage | Less Than 1/2 Mile From I-80 Freeway Exit | Shadow Anchored by Hobby Lobby & Ross Dress for Less
  • Strong Demographics – Growing Affluent Sacramento Suburb With 2.6M People in the MSA
Listing Location
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