Flamingo Shopping Center

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Flamingo Shopping Center (the “Property”), a premier Bay Area grocery anchored center in Santa Rosa, California.

Flamingo Shopping Center is 100% leased to best-in-class national tenants Safeway, CVS Pharmacy, and IHOP, generating corporate-guaranteed revenue with 23 years of weighted average lease term remaining. The center also features a complementary mix of other essential retailers such as Starbucks, The UPS Store, Wells Fargo, and Redwood Credit Union in space subleased by Safeway. As such, the Property’s rent roll consists entirely of absolute NNN corporate leases with no landlord responsibilities.

The Property comprises 85,531 square feet of leasable area spanning 7.99 acres of infill land prominently positioned along 4th Street. It is ideally located adjacent to the Flamingo Resort & Spa, an iconic mid-century hotel transformed in 2022 into a popular wine country retreat and wellness club. The center has been entrenched as a local cornerstone since its inception in 1961 and continues to serve a growing suburban community.

Available for the first time in over 43 years, the offering is a generational opportunity to acquire an essential daily needs shopping center producing secure, reliable, and passive longterm income.