7-Eleven Anchored Strip Center
About This Property for Sale
Marketing description
Rosedale Plaza, located at 500 Cirby Way, Roseville, California 95678, is a 13,680 square foot strip center with five service-based tenants. Situated at the intersection of Cirby Way and Riverside Boulevard, the center benefits from being in a high traffic location, with easy access to Interstate 80. The anchor tenant, a 7-11, has been there for over 30 years and outperforms other stores in the region due to this advantageous location. Nearby major establishments include Kaiser Permanente Roseville Medical Center. The demographic profile of Roseville shows a population of approximately 160,000 with a significant portion aged 25- 54, a median household income of over $117,000, and over 40% of residents holding a bachelor's degree or higher. Consumer spending in the area is notably high, particularly in sectors like healthcare, food services, and general merchandise, which aligns with the local economic stability and consumer base.
Investment highlights
- Fully stabilized, 100% leased strip center
- Across the street from Kaiser Medical
- Anchored by 7-11 which has occupied the building for more than 30 years
- High traffic counts
- Located directly off Interstate 80 and Riverside Avenue
- Retail spending is particularly high, with Roseville ranking thirteenth in California for retail sales, supported by large retail centers and shopping opportunities.
- Approximately 44.3% of the population holds a bachelor's degree or higher, suggesting a well-educated workforce.
- The median household income is approximately $117,000, which reflects a 9.36% growth from 2021 to 2022, indicating a robust economic environment.
- Roseville's strategic location, with Interstate 80 running through it and State Route 65 on its northern edge, enhances its appeal for both residents and businesses.
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