Cordova Village

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Cordova Village (the “Property”), a newly renovated prime retail asset anchored by Safeway in Rancho Cordova, California.

Ideally situated along Folsom Boulevard, Cordova Village features 60,617 square feet of retail space anchored by a high-performing Safeway store generating nearly $700 per square foot in sales. The offering includes Safeway, Safeway Fuel Center, and Bank of America, which is available together or as separate net-lease components. All tenants recently extended their lease by 5 years and Safeway has invested $3 million into renovations, demonstrating their commitment to the location. The Property also benefits from its strategic placement next to a regionally-drawing Walmart, ensuring consistent foot traffic. Cordova Village provides stable in-place cash flow with contractual rent increases while benefiting from its strategic position in a protected trade area with limited competition.

Cordova Village offers an outstanding opportunity to acquire a premier retail asset with long-term credit tenancy in a growing Sacramento submarket. The collateral is offered either as a complete package or as individual net lease components.