Vallejo Plaza
FOR SALE | 239,776 SF Grocery Anchored Shopping Center Value Add Opportunity
Marketing description
Helm Properties is excited to present Vallejo Plaza, an exclusive opportunity suitable for owner-users or value-add investors. This property, located in Vallejo, CA, offers a prime location with 7 convenient ingress and egress points, 24/7 video monitoring services, and security patrol. Positioned on Sonoma Blvd (31,833 ADT) and Redwood St (17,168 ADT), between two signalized intersections, Vallejo Plaza enjoys high visibility and substantial traffic flow. Anchored by Seafood City, Planet Fitness, and DD's Discounts, the plaza attracts a steady stream of customers. With its enhanced security measures and the potential for value enhancement through improvements, Vallejo Plaza represents a compelling investment opportunity for the right buyer.
Investment highlights
Strategic location: Situated on Sonoma Blvd and Redwood St, Vallejo Plaza benefits from high visibility and traffic flow.
Multiple access points: With 7 ingress and egress points, convenient access is ensured for customers and tenants.
Enhanced security: 24/7 video monitoring and security patrols provide a secure environment.
Prime anchors: Seafood City, Planet Fitness, and DD's Discounts anchor the plaza, attracting a steady customer base.
A new owner could renegotiate Seafood City's Lease in 2028 to increase CAM that is recovered.
Breakup Parcelization Strategy
8.9% Vacant, Immediate Upside Through Leasing
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