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2501 - 2695 N Tracy Boulevard - Gran Trace Shopping Center, Tracy, CA

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2501 - 2695 N Tracy Boulevard - Gran Trace Shopping Center

Tracy, CA 95376-1716 - Tracy/Manteca Submarket


Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1986
Building Size:90,872 SF Land Area:8.14 AC (354,578 SF)
Smallest Space:1,400 SF Largest Space:1,400 SF Total Space Avail:1,400 SF Rent/SF/Yr:
$23.40
Parking:Free Surface spaces are available; Ratio of 3.89/1,000 SF Anchor Tenants:Big Lots, Dollar Tree
Features:Pylon Sign, Signalized Intersection


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,400 SF
$23.40/SF/Yr
30 Days
Negotiable
Retail
 
11058523
Marketing Flyer Marketing Flyer  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,400 SF
$23.40/SF/Yr
30 Days
Negotiable
Retail
100% leased with consistent history of high occupancy
75% of the center is leased to anchor tenants Dollar Tree, Big Lots and Ace Hardware
Regional draw at intersection of two of Tracy’s most important thoroughfares
Below market rents will provide upside potential as leases roll (Most recent lease at $1.95 PSF)
Low price per square foot anchored center

Sale Notes:
Gran Trace is a 100% leased shopping center with a history of high occupancy. Over 75% of the center is leased to anchor tenants Dollar Tree, Big Lots and Ace Hardware. Low in-place rents and low asking price PSF provide upside potential.
Tracy is located at the eastern edge of the San Francisco Bay Area, and is strongly influenced by the Bay Area's tech driven economy, resulting in average HH income of more than $102k compared to less that $72k for the County. The center is situated at the corner of 2 of Tracy's most important thoroughfares.


Lee & Associates Commercial Real Estate Service
Chris Sill
(209) 983-6837



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