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
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.
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
400 PLAZA DRIVE | SUITE 200FOLSOM, CA
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.
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
400 PLAZA DRIVE | SUITE 200FOLSOM, CA
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.
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.
400 PLAZA DRIVE | SUITE 200FOLSOM, CA
Not a Part
FLOOR PLAN: SUITE 200
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.
400 PLAZA DRIVE | SUITE 200FOLSOM, CA
Not a Part
CLASS “A” BUILDING DESIGN
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.
400 PLAZA DRIVE | SUITE 200FOLSOM, CA
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
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
400 PLAZA DRIVE | SUITE 200FOLSOM, CAFully leased, office condominium.