This property presents a rare investment opportunity anchored by a corporate-backed lease with Tractor Supply Company (NASDAQ: TSCO), rated BBB by S&P, ensuring strong credit stability. Positioned at the signalized intersection of Patterson Road and Estelle Avenue, the site boasts exceptional visibility and ease of access. Located directly along State Route 108, the property benefits from significant daily exposure to 26,000 vehicles, capturing robust commuter traffic flows.
The location is further enhanced by its proximity to Riverbank Crossroads, a major retail destination attracting over 8 million annual visitors, situated just two miles south. Additionally, the property is only 4.5 miles from Memorial Medical Center, a 423-bed facility and one of the region’s largest employers with over 57,000 employees system-wide. Centrally located within reach of San Francisco, San Jose, and Sacramento, this asset connects seamlessly to key Bay Area markets.
With projected income growth in 1-, 3-, and 5-mile radii over the next five years, the surrounding market demonstrates strong demand dynamics. This combination of a secure, investment-grade tenancy and exceptional positioning within a growing trade area makes this property a compelling long-term retail investment.