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32333032
32333040

1200 Cirby Way, Roseville, CA 95661

JS
CA CA Broker License : 01323949, NV NV Broker License: B.1001723.INDV (+1)
Lee & Associates - Ontario
RB
CA CA 01826517
Lee & Associates San Diego - Carlsbad
DO
CA CA 02049653
Lee & Associates San Diego - Carlsbad
JN
CA CA 02205115
NNN Investment Group
Listed by Lee & Associates - Ontario, Lee & Associates San Diego - Carlsbad, NNN Investment Group
$3,715,000
35 days on market
Updated 1 day ago

Shops to Bel Air Grocery-Anchored Shopping Center

Details
APN 470-250-020-000
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 8,200
Cap Rate 6.75%
NOI $250,948
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Lease Options 1 (5-Year) and 2 (5-Year)
Price per SqFt $453
Broker Co-Op True
Year Built 1983
Year Renovated 2025
Buildings 1
Lot Size (SqFt) 30,492
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

Top 20% Grocery/Shadow Anchored Shops | 100% Occupied | Strong NorCal Demos

Marketing description

Lee & Associates is pleased to present the opportunity to acquire the fee simple interest in the Shops to Bel Air Grocery-Anchored Shopping Center located in Roseville, California within the Sacramento MSA. The 8,200 square foot, 100% occupied neighborhood retail center is shadow anchored by Bel Air Grocery and strategically positioned at the signalized hard corner intersection of Sunrise Avenue and Cirby Way, which experiences a combined traffic count of more than 67,000 vehicles per day. Built in 1983 and currently undergoing a center remodel, the property benefits from excellent visibility, multiple points of ingress and egress, and strong long-term historical occupancy. The offering is comprised of a diverse mix of internet-resistant tenants including Peet’s Coffee & Tea, Sourdough & Co., Stallionz Pizza, Diamond Blade Barber Studio, and other daily-needs and service-oriented retailers.

The property features stable in-place cash flow supported by a diversified tenant roster with primarily NNN lease structures and contractual rent increases. The center’s replaceable rents and service-oriented tenancy create a durable retail investment profile within a proven suburban retail corridor. Additionally, ongoing improvements to the shopping center and nearby redevelopment activity are expected to further enhance the retail environment and increase consumer traffic to the property.

Located in one of the Sacramento region’s strongest suburban trade areas, the property is supported by affluent demographics and dense surrounding residential development. Within a one-mile radius, the population exceeds 14,000 residents with average household incomes surpassing $109,000. Roseville is widely recognized as one of Northern California’s premier retail markets, driven by strong population growth, business-friendly infrastructure, and significant regional shopping demand. The property is situated near major retail destinations, healthcare providers, and regional transportation corridors, positioning the asset to benefit from the continued economic and residential expansion occurring throughout the Roseville and greater Sacramento market.

Investment highlights

  • Nationally Ranked Within the Top 20% of Shopping Centers by Placer.ai (19,000+ Centers Surveyed)
  • Signalized Hard-Corner Location with Combined Traffic Counts of 67,000+ CPD at Sunrise Ave & Cirby Way
  • Dense & Affluent Northern California Demographics Featuring 14,000+ Residents and $109K Average Household Income Within a 1-Mile Radius
  • Stable In-Place Cash Flow Supported by Long-Term Historical Tenant Occupancy and a Recent UPS Store 10-Year Lease Extension
  • Limited Small-Shop Competition Within the Immediate Trade Area, Supporting Tenant Demand and Long-Term Leasing Durability
  • Highly Sought-After Northern California Location in Roseville, CA (Sacramento MSA)
  • Synergistic Mix of Internet-Resistant Sit-Down & Quick-Service Restaurants and Daily-Needs Service Tenants Complementing the Bel Air Grocery Anchor — an Upscale Banner of Locally Based Parent Company Raley’s

Listing Contacts

JS
CA CA Broker License : 01323949, NV NV Broker License: B.1001723.INDV (+1)
Lee & Associates - Ontario
RB
CA CA 01826517
Lee & Associates San Diego - Carlsbad
DO
CA CA 02049653
Lee & Associates San Diego - Carlsbad
JN
CA CA 02205115
NNN Investment Group
Listed by Lee & Associates - Ontario, Lee & Associates San Diego - Carlsbad, NNN Investment Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,948.00
$20,912.33/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Jonathan Selznick
License
CA Broker License : 01323949
Brokerage
Lee & Associates - Ontario
Brokerage Phone
(949) 734-0243
Title
Senior Vice-President & Principal
Name
Ryan Bennett
License
CA 01826517
Brokerage
Lee & Associates
Brokerage Phone
7609299700
Title
California
Brokerage Address
1902 Wright Place
Name
Drew Olson
License
CA 02049653
Name
Jake Neufeld
License
CA 02205115
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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