Hobby Lobby
Recent 10 Year Lease Extension – 8.5 Lease Years Remaining
- 11.76% Rent Increase in 2029
- Strong Performing Store Sales History, Percentage Rent Potential
- Below Replacement Cost at $112 PSF
- Limited Landlord Responsibilities – Roof and Structural Components
- 76,083 SF Building on Large 6.7 Acre Parcel – Anchor Tenant to Placer Center Plaza
- Largest Privately Owned Arts & Crafts Retailer in the World
- A+ Location – Roseville’s Busiest Retail Corridor
- Positioned between Douglas Blvd, Santa Clara Dr & Sierra Gardens Dr.
- Traffic Count Exceeding 63,300 Vehicles Per Day – Signalized Intersections
- 19 Miles from Downtown Sacramento – California’s Capital & 6th Most Populated City
- Half Mile from Kaiser Permanente Roseville Medical Center
- 900,000 SF Hospital with over 350 Licensed Beds
- Strong Demographics – Over 270,000 Residents within 5 Mile Radius
- Average Household Income Exceeding $134,000 within 5 Mile Radius
