Cordova Village_Propriété à vendre
Cordova Village_Propriété à vendre
10635 Folsom Boulevard, Rancho Cordova, CA, 95670, US

Cordova Village

Descriptif

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Cordova Village (the “Property”), a newly renovated prime retail asset anchored by Safeway in Rancho Cordova, California.


Ideally situated along Folsom Boulevard, Cordova Village features 60,617 square feet of retail space anchored by a high-performing Safeway store generating nearly $700 per square foot in sales. The offering includes Safeway, Safeway Fuel Center, and Bank of America, which is available together or as separate net-lease components. All tenants recently extended their lease by 5 years and Safeway has invested $3 million into renovations, demonstrating their commitment to the location. The Property also benefits from its strategic placement next to a regionally-drawing Walmart, ensuring consistent foot traffic. Cordova Village provides stable in-place cash flow with contractual rent increases while benefiting from its strategic position in a protected trade area with limited competition.


Cordova Village offers an outstanding opportunity to acquire a premier retail asset with long-term credit tenancy in a growing Sacramento submarket. The collateral is offered either as a complete package or as individual net lease components.

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Attributs

Occupation
100 %
Superficie du bâtiment nette
5 632 mètres carrés
Superficie du terrain brute
2,05 ha
Nombre de bâtiments
3
Places de parking
304

Média

Points forts de l'investissement

  • High Performing Safeway Anchor with Nearly $700 in Sales PSF with a Low 2.6% Health Ratio
  • Newly Renovated Prime Retail Asset with Long-Term Credit Tenancy including Bank of America ($258M Deposits)
  • Strategic Location Adjacent to Regionally Drawing Co-Anchor, Walmart
  • Stable In-Place Cash Flow with Recent 5-Year Extensions for all Tenants
  • NNN Lease Structure with Contractual Rent Increases and Growth Prospects
  • Protected Position with Limited Competition and High Traffic Exposure
Cordova Village 4_Propriété à vendre
Cordova Village 4_Propriété à vendre

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Cordova Village (0 Propriétés)

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Dernière mise à jour
7 avr. 2025