Stockton Plaza_Pand te koop
Stockton Plaza_Pand te koop

Stockton Plaza

5050-5200 Stockton Blvd, Sacramento, CA 95820

Beschrijving

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.

...

Kenmerken

Vraagprijs
€ 24.097.000
Netto gebouwoppervlakte
12.122 vierkante meter
Bezettingspercentage
86%
WALT
5.7 jaren
Renovatiejaar
2021
Bruto landoppervlakte
4,54 ha

Media

Investeringskenmerken

  1. ANCHORED BY TOP PERFORMING SMART & FINAL
  2. ATTRACTIVE ASSUMABLE LOAN PROVIDING EXCEPTIONAL DOUBLE-DIGIT IN-PLACE CASH YIELD
  3. RECENTLY REMODELED GROCERY-ANCHORED CENTER WITH CONVENTIONAL VALUE-ADD COMPONENTS
  4. SECURE CASH FLOW FROM DIVERSE MIX OF NATIONAL & CREDIT TENANTS WITH 6 YEARS OF WALT
  5. IMMEDIATE OPPORTUNITIES TO INCREASE NOI THROUGH LEASE-UP OF REMAINING VACANCIES
  6. PROMINENT POSITION ON STOCKTON BLVD LOCATED 1.5 MILES FROM MAJOR STATE ROUTE 99 WITH ACCESS TO OVER 195,500 VPD
  7. ROBUST RETAIL SUBMARKET FUNDAMENTALS & DEMOGRAPHICS
Stockton Plaza 4_Pand te koop
Stockton Plaza 4_Pand te koop

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Laatst bijgewerkt
4 sep 2025