Prime Retail Location: Situated in West Sacramento’s Riverpoint Marketplace, a super-regional power center with national and regional anchor tenants including IKEA, Walmart, and Home Depot.
100% Occupied Multi-Tenant Property: Secure investment with long-term leases extending to 2030 for Mattress Firm, 2028 for MOD Pizza, and a newly signed 10-year lease for Daiso.
Strong Demographics: A nearby population of 202,295 with an average household income of $128,157 within a 5-mile radius.
High Visibility and Accessibility: Located less than a mile from the interchange of Interstate 80 and Highway 50, benefiting from excellent signage visibility to over 187,000 vehicles per day.
Diverse Tenant Mix: The center boasts a varied assortment of quick-service restaurants, daily needs, and service tenants.
Recent Housing Growth: Surrounding neighborhoods have experienced significant recent housing developments, enhancing the property’s value.
Attractive Financials: Offered at $6,225,000 with a 6.50% cap rate and an NOI of $404,442.