Rose Center Retail FOR SALE


Benicia, CA
$7,995,000 USD
916-813-2443
, Benicia, CA for Sale
$7,995,000 USD
Retail - FOR SALE
1/8
null | 6% Cap Rate

Rose Center
Benicia, CA


HIGHLIGHTS

  • Fantastic NNN Opportunity in the Growing City of Benicia, Starbucks is Equipped With a Drive-Thru and, The Plaza Draws in Nearly 1M Visitors Per Year
  • Placer.ai Reports Starbucks in the Top 16% Nationwide and Top 23% in California, Exceeding 395,000 Customer Visits Over the Last Year
  • Low Vacancy Market | 2% Retail Vacancy in the City of Benicia
  • One of the Only Retail Centers to Serve Benicia, With More Than 136,563 Residents Within a 5-Mile Radius
  • The Rose Center Shares a Parking Lot and Monument Sign with neighboring National Retailers McDonald's and CVS

OVERVIEW

Marcus & Millichap is pleased to present the Rose Center Shopping Plaza, an exceptional retail investment opportunity located in Benicia, CA. Anchored by Starbucks and CVS, this 100% leased property, built in 2007, consists of ten multitenant suites. The plaza serves the city of Benicia by providing a diverse range of essential goods and services. All tenants are on a NNN lease structure, with many having exercised five-year lease extensions, creating a stable and passive investment in a growing market. The property is strategically located at the intersection of Columbus Pkwy (14,400+ VPD) and Rose Dr., just off Interstate-780 (61,000+ VPD), ensuring excellent visibility along the highway. Its prime location offers convenient access to over 61,000 vehicles per day traveling toward major markets such as the East Bay and Vallejo. The shopping plaza features a tenant mix of restaurants, self-care and beauty salons, and essential services, all operating under NNN leases. Eight tenants have extended their leases through 2029, demonstrating the long-term stability of the property. Four of these tenants have been at this location for nearly two decades, underscoring the tenant satisfaction and success of the plaza. Benicia, CA, offers a strategic location with a diverse economy and strong infrastructure. The city is home to key industries such as the Tesoro Refinery, a leading oil refinery, and the Benicia Port, which supports shipping and trade. Additionally, Benicia’s proximity to major Bay Area markets, including Oakland and San Francisco, strengthens its logistics and distribution sectors. The city is also experiencing growth in tech and retail, with companies like Peet's Coffee expanding their operations. With a growing population, high household incomes, and a business-friendly environment, Benicia represents a strong long-term investment opportunity.

ASK ABOUT THIS PROPERTY

Michael GrandstaffMarcus & MillichapMore Info
916-813-2443

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

Michael GrandstaffMarcus & MillichapMore Info
916-813-2443

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