
Safeway Fuel - Rancho Cordova, CA
10605 Folsom Blvd, Rancho Cordova, CA, 95670, US
93 mètres carrés
Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Stockton Plaza (the “Property”), an 86.0% leased grocery-anchored center located in Sacramento, California.
Stockton Plaza features 130,477 square feet of retail space anchored by a top performing Smart & Final, ideally situated in the South Sacramento submarket. The Property is 86.0% leased to a diverse mix of national and local tenants including Smart & Final, Ross Dress for Less, Planet Fitness, Burger King, and Dutch Bros Coffee among others, providing stable cash flow and long-term WALT of 5.7 years. The Property underwent a transformative redevelopment completed in 2021 which included significant exterior upgrades, newly designed pad buildings, and repositioned suites - all of which minimize the need for future capital expenditures.
Stockton Plaza is a unique opportunity to acquire a recently remodeled grocery-anchored center with conventional value-add components and an exceptional double-digit cash yield on day one.