10050 Bruceville Rd - Supermarket FOR SALE
Elk Grove, CA 95757 |
10050 Bruceville Rd
Elk Grove, CA 95757
HIGHLIGHTS
- Safeway is secured on a brand-new 20-year net lease, offering long-term income stability with a nationally recognized grocer.
- The property is the only traditional grocery store in the immediate trade area, ensuring strong market capture and minimal competition.
- Located within the Class A Laguna Reserve Marketplace, the site benefits from a high-performing retail environment with consistent tenant retention.
- Elk Grove’s rapid residential expansion, including over 6,400 homes planned nearby, positions the asset for sustained consumer demand.
- A future highway interchange at Whitelock Parkway and Highway 99 will enhance accessibility and drive increased traffic to the center.
- The asset is priced at $23,250,000 with a 5.15% cap rate and below-market rent, presenting a compelling investment opportunity.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Safeway - 20 Year Single Tenant Net Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
56988
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
132-2170-007
