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Wood Creek Plaza LLC Acquires Retail Center In Roseville For $7 Million From LeFever Mattson Property Management
SOLD
$7,000,000
California
See Similar DealsRetail22,650 SF
Sold 09/15/2025
SOLD
Wood Creek Plaza LLC Acquires Retail Center In Roseville For $7 Million From LeFever Mattson Property Management
7456 Foothills Boulevard
See Similar DealsRetail22,650 SF
Sold 09/15/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$309
Total Square Footage:22,650 SF
Transaction Type:Sale
A 22,650-sf retail center located at 7456 Foothills Boulevard in Roseville was sold for $7,000,000. The property is currently 95% leased and was marketed through the LeFever Mattson bankruptcy case.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,000,000
- Square Footage: 22,650
- Address: 7456 Foothills Boulevard
- Market: Roseville
- Buyer: Wood Creek Plaza LLC
- Seller: LeFever Mattson Property Management
- Broker: Ed Nelson - Marcus & Millichap
- Price per Square Foot: $309
The transaction marks the first major sale tied to the LeFever Mattson bankruptcy, with 520 Capitol Mall in Sacramento also being under contract. Ed Nelson represented the selling entity through Marcus & Millichap.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$373,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85
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