OFFERING PRICE:
$17,650,000 

TOTAL BUILDING AREA:
±77,080 SF
 
FEATURED LISTING:
RIO LINDA PLAZA
420-440 Elkhorn Blvd., Rio Linda, CA
INVESTMENT HIGHLIGHTS
 
• Grocery Anchored Shopping Center – Rio Linda Plaza is a ±77,080 SF neighborhood shopping center anchored by Food Source (wholly owned subsidiary of Raley’s Supermarkets) along with a synergistic mix of co-tenants, such as Subway, Great Clips, O'Reilly, KFC/A&W (NAP), McDonalds (NAP), Jackson Hewitt, SAFE Credit Union, Hi-Tek Nails, Metro PCS and more, to name a few
 
» Food Source – Wholly owned subsidiary of Raley’s, which operates over 128 stores in Northern California and Nevada, reportedly generating annual sales in excess of $3.2 billion with over 12,000 employees
 
• Strong Grocery Sales – Food Source (a wholly-owned subsidiary of Raley’s) enjoys excellent annual store sales of +$20 million (trending upward) demonstrating the demand for a grocery store in the trade area.
 
» This Food Source is the only grocer in the immediate trade area, positioning Rio Linda Plaza to benefit from ongoing residential and employment growth supported by the surrounding master-planned communities
 
• Secure Cash Flow – 87% of the GLA is leased to credit tenants; 87% of the GLA has occupied the center for +12 years
 
• Recession and Internet Resistant Tenancy – 100% of the property is leased to grocery (necessity), food, beverage, service and discount/value-oriented tenancy, well-suited to this trade area and providing a “daily needs” draw to the center
 
• No Existing Financing/Debt Free – Offered free and clear of existing financing, allowing a potential purchaser an opportunity to customize debt to achieve optimal returns – CBRE will provide customized debt quotes


CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
phil.voorhees@cbre.com		 MEGAN WOOD
+1 949 725 8423
Lic. 01516027
megan.wood@cbre.com		 JAMES TYRRELL
+1 949 725 8473
Lic. 02012964
james.tyrrell@cbre.com
Share

You may also unsubscribe by calling toll-free +1 877 CBRE 330 (+1 877 227 3330).

Please consider the environment before printing this email.

CBRE respects your privacy. A copy of our Privacy Policy is available online. For California Residents, our California Privacy Notice is available here. If you have questions or concerns about our compliance with this policy, please email PrivacyAdministrator@cbre.com or write to Attn: Marketing Department, Privacy Administrator, CBRE, 200 Park Ave. 19-22 Floors, New York, NY 10166.

Address: 2100 McKinney Ave Suite 700, Dallas TX 75201

THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

All of CBRE's COVID-19 related materials have been developed with information from the World Health Organization, the Centers for Disease Control & Prevention (and similar global organizations), public health experts, industrial hygienists, and global subject matter experts across CBRE and our strategic suppliers. Our materials may not be suitable for application to all facilities or situations.

Ultimately, occupiers and landlords must make and implement their own reopening decisions for their individual stakeholders and facilities. CBRE's guidance is intended to help facilitate those discussions and expedite the implementation of those decisions once made by the client. We make no representations or warranties regarding the accuracy or completeness of these materials. CBRE cannot ensure safety and disclaims all liability arising from use of these materials.