400 PLAZA DRIVE SUITE 200
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1 Fully leased, office condominium. Exclusively Listed By: ROBB OSBORNE Senior Vice President Tel: (916) BRE Lic. # BRANDON SESSIONS Vice President Tel: (916) BRE Lic. #
2 LINCOLN GATEWAY GATEWAY DRIVE LINCOLN, CA Chestnut Ave R Elm Ave Madison Ave Main Ave Greenback Ln Winding Oak Dr Santa Juanita Ave American Oak Ave Pkwy Greenback Ln American River River Canyon Dr Folsom Blvd Glenn Dr Auburn Folsom Rd Sibley St Riley St Praire City Rd Folsom Lake Crossing Natoma St Blue Raine Rd Montrose Dr Riley St Folsom Lake FOLSOM Bidwell St Natoma St Blue Ravine Rd Oak Ave Pkwy Executive Summary 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. Iron Point Rd 50 Iron Point Rd PRICE: NOI: CAP RATE: $3,194,476 $231, %
3 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 FOLSOM DEMOGRAPHICS 1 MILE: 3 MILE: 5 MILE: 2018 Total Population 10,673 76, , Total Population 11,249 81, , Average HH Income $134,879 $112,757 $121, Total Households 4,034 27,850 56,028 Class A building with stylistic architectures, including upscale exterior landscaping, extensive window lines, nicely decorated common areas and dual lobby entrance feature Median Home Value $402,374 $417,701 $442,408 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 amenities including the Palladio at Broadstone, Folsom s newest high-end lifestyle center Zoning: C3-PD per Sacramento County
4 TENANT INFORMATION: RETAIL PRO Retail 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 worldwide 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 capitalizing on retail s trends.
5 FLOOR PLAN: SUITE 200 Not a Part
6 CLASS A BUILDING DESIGN Not a Part
7 The Gathering Place Church Kids Kount Preschool and Kindergarten Sola Salon Studios Le Spa Vitality Pharmacy Zuda Yoga Folsom Lake Toyota Service Center Caliber Collision Sibley Street Folsom Boulevard Curry Club Suishin Sushi Rak Thai Cuisine Natoma Statiion Drive Blue Ravine Road
8 Fully leased, office condominium. Exclusively Listed By: ROBB OSBORNE Senior Vice President Tel: (916) BRE Lic. # BRANDON SESSIONS Vice President Tel: (916) BRE Lic. #
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