1079 Sunrise Ave - Retail FOR SALE


Roseville, CA 95661
$9,250,000 USD
949-734-0243
1079 Sunrise Ave, Roseville, CA for Sale
$9,250,000 USD
Retail - FOR SALE
1/16
null | 6.99% Cap Rate

1079 Sunrise Ave
Roseville, CA 95661


HIGHLIGHTS

  • 100% Occupied Neighborhood Shopping Center – Long-term Operating History and a Diversified Mix of Service-Oriented and Daily-Needs Tenants
  • Signalized Hard-Corner Location at Sunrise Avenue and Cirby Way – Combined Traffic Counts of 67,460 Vehicles Per Day
  • Affluent Demographics & Densely Populated 1-Mile Trade Area – Strong Average Household Incomes and a Substantial Daytime Population Base
  • Long-Term Historical Occupancy and Leasing Performance – Stable In-Place Cash Flow and Long-Term Asset Durability
  • Attractive 7.00% Going-In Cap Rate – Compelling Yield Relative to Comparable Grocery-Anchored Retail Investments in Northern California

OVERVIEW

Lee & Associates is pleased to present the opportunity to acquire Bel Air Center, a 100% occupied, multi-tenant neighborhood retail center located at 1079 Sunrise Avenue in Roseville, California, within the Sacramento MSA. The 24,220-square-foot shopping center is shadow anchored by Bel Air Grocery and situated on approximately 2.10 acres at the signalized hard corner of Sunrise Avenue and Cirby Way, benefiting from combined traffic counts of more than 67,000 vehicles per day. The property features a diverse mix of internet-resistant tenants including food service, personal care, veterinary, and neighborhood service operators, providing stable in-place cash flow and long-term leasing durability.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops to Bel Air Grocery-Anchored Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

C2

APN/PARCEL ID

470-250-015

ASK ABOUT THIS PROPERTY

Jonathan SelznickLee & Associates Commercial Real Estate ServicesMore Info
949-734-0243

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Jonathan SelznickLee & Associates Commercial Real Estate ServicesMore Info
949-734-0243

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.