Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2005
Building Area
Occupancy 86.0 %
Last Updated Date 19 Feb 2020

Property Description

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

Jones Lang LaSalle Americas, Inc. (“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.
Eric Kathrein
Eric Kathrein
Senior Director, Capital Markets
License details
CA-01896107
Bryan Ley
Bryan Ley
Managing Director, Capital Markets
License details
CA-01458927

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