Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Riverpoint Marketplace (the “Property”), a regionally-drawing neighborhood center located adjacent to the highly trafficked interchange of Interstate 80 and Highway 50 in West Sacramento.
Comprising 113,967 square feet, Riverpoint Marketplace is 89% leased to a stable roster of national and credit tenants including anchors Ross Stores, Skechers, and Petco and a diverse assortment of QSR, daily needs, and service tenants. The Property is located within West Sacramento’s pinnacle retail destination, Riverpoint Shopping Center (the “Center”), encompassing over one million square feet and anchored by Walmart Supercenter, The Home Depot, and the region’s only IKEA location.
Riverpoint Marketplace provides an attractive and secure income stream with upside potential through lease-up, repositioning of vacancy, parcelization, and future development.
Caractéristiques de l'actif
Points clés d'investissement
- Regionally-drawing neighborhood center
- Attractive lease up opportunities & parcelization potential
- Benefits from major shadow anchors
- Limited big box exposure