Mani Imports has acquired the single-tenant Hobby Lobby property at 1815 Douglas Blvd. in Roseville, California, from Realty Income Corp. for $9.97 million, or $131.64 per square foot. The transaction reflects a 6.49% cap rate based on reported net operating income of approximately $646,706.
Mani Imports buys Roseville Hobby Lobby northeast of Sacramento
Realty Income offloads single-tenant Roseville, California, building
By Aarju Ghimire with
August 7, 2026 | 11:01 P.M.
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IN THIS ARTICLE
- Properties
- Hobby Lobby
1815 Douglas Blvd, Roseville, CA
- Companies
- Mani Imports Inc
Wholesaler
- Realty Income Corporation
Real Estate
- Contacts
- Jereme Snyder
Executive Vice President, Colliers
- Eric Carlton
Executive Vice President, Colliers
- David Herrera
Executive Vice President, Colliers