Lee & Associates is pleased to present the opportunity to acquire the fee simple interest in the Shops to Bel Air Grocery-Anchored Shopping Center located in Roseville, California within the Sacramento MSA. The 8,200 square foot, 100% occupied neighborhood retail center is shadow anchored by Bel Air Grocery and strategically positioned at the signalized hard corner intersection of Sunrise Avenue and Cirby Way, which experiences a combined traffic count of more than 67,000 vehicles per day. Built in 1983 and currently undergoing a center remodel, the property benefits from excellent visibility, multiple points of ingress and egress, and strong long-term historical occupancy. The offering is comprised of a diverse mix of internet-resistant tenants including Peet’s Coffee & Tea, Sourdough & Co., Stallionz Pizza, Diamond Blade Barber Studio, and other daily-needs and service-oriented retailers.
The property features stable in-place cash flow supported by a diversified tenant roster with primarily NNN lease structures and contractual rent increases. The center’s replaceable rents and service-oriented tenancy create a durable retail investment profile within a proven suburban retail corridor. Additionally, ongoing improvements to the shopping center and nearby redevelopment activity are expected to further enhance the retail environment and increase consumer traffic to the property.
Located in one of the Sacramento region’s strongest suburban trade areas, the property is supported by affluent demographics and dense surrounding residential development. Within a one-mile radius, the population exceeds 14,000 residents with average household incomes surpassing $109,000. Roseville is widely recognized as one of Northern California’s premier retail markets, driven by strong population growth, business-friendly infrastructure, and significant regional shopping demand. The property is situated near major retail destinations, healthcare providers, and regional transportation corridors, positioning the asset to benefit from the continued economic and residential expansion occurring throughout the Roseville and greater Sacramento market.