Safeway Fuel - Rancho Cordova, CA_Pand te koop
Safeway Fuel - Rancho Cordova, CA_Pand te koop
10605 Folsom Blvd, Rancho Cordova, CA, 95670, US

Safeway Fuel - Rancho Cordova, CA

Objectomschrijving

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the ground-lease interest in the Safeway Fuel Station (the “Property”) located in Rancho Cordova, CA (Sacramento MSA). The Property is situated within Cordova Village, a neighborhood retail center anchored by a high-performing Safeway store generating nearly $700 per square foot in sales. The Property also benefits from its strategic placement along Folsom Rd (21,800 VPD) next to a regional-draw Walmart, ensuring consistent foot traffic. Located just 10 miles east of downtown Sacramento, Rancho Cordova is one of the fastest growing communities in California.

Safeway Fuel Station’s are located next to Safeway grocery stores and offer gas, diesel, and propane at discounted prices through Safeway’s rewards program. The Tenant operates on an absolute NNN ground lease with a low annual rent of $70,000 and recently executed a five-year lease extension, a testament to Safeway’s commitment to this location.

This offering provides investors with an outstanding opportunity to acquire a premier retail asset with zero landlord obligations and irreplaceable real estate fundamentals in a core California market.


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Kenmerken

Netto gebouwoppervlakte
93 vierkante meter
Bezettingspercentage
100%
Bouwjaar
2013
Bruto landoppervlakte
3.468 vierkante meter
WAULT
5.5 jaren

Media

Investeringskenmerken

  • GROUND LEASE STRUCTUREWITH MULTIPLE RENEWAL OPTIONS W/ RENT GROWTH AND LOW, $70K RENT
  • RECENT 5-YEAR EXTENSION WITH 15% RENT GROWTH IN DECEMBER 2025
  • OUTPAD OF SAFEWAY GROCERY STORE ADJACENT TO WALMART SUPERCENTER
  • SITUATED ALONG FOLSOM BLVD WITH CLEAR EXPOSURE TO 21,800 VPD


Safeway Fuel - Rancho Cordova, CA 4_Pand te koop

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Laatst bijgewerkt
9 apr 2025