Asking Price Contact for pricing
Sq. Footage 44,090
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2005

Property Description

JLL, as exclusive advisor, is pleased to present the opportunity to acquire Waterman Grove Plaza, a 44,090 square foot retail center (“Waterman Grove” or the “Property”) located in the affluent and rapidly growing community of Elk Grove, CA. The Property is composed of a mix of national and regional quick service restaurants, fitness, personal care, and service tenants. Prominently positioned at the intersection of Elk Grove Boulevard and Waterman Road, Waterman Grove Plaza benefits from synergistic co-tenancy with grocery/drug shadow-anchors including Bel Air Market and CVS. Currently 84% leased, Waterman Grove Plaza offers investors an opportunity to acquire a high-quality retail strip center with a reliable and growing income stream and a unique ability to create value through continued lease-up.

Investment Highlights

JLL, as exclusive advisor, is pleased to present the opportunity to acquire Waterman Grove Plaza, a 44,090 square foot retail center (“Waterman Grove” or the “Property”) located in the affluent and rapidly growing community of Elk Grove, CA. The Property is composed of a mix of national and regional quick service restaurants, fitness, personal care, and service tenants. Prominently positioned at the intersection of Elk Grove Boulevard and Waterman Road, Waterman Grove Plaza benefits from synergistic co-tenancy with grocery/drug shadow-anchors including Bel Air Market and CVS. Currently 84% leased, Waterman Grove Plaza offers investors an opportunity to acquire a high-quality retail strip center with a reliable and growing income stream and a unique ability to create value through continued lease-up.
Bryan Ley
Bryan Ley
Managing Director
Licensed in
1458927
Eric Kathrein
Eric Kathrein
Senior Director
Licensed in
1896107

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