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Property Detail

North Harbor Boulevard
Turlock Town Center at 503-795 N Golden State Road is a fully leased grocery .
$48,800,000

Description

Turlock Town Center at 503-795 N Golden State Road is a fully leased grocery- and drug-anchored retail center in Turlock, California. Turlock Town Center is a neighborhood shopping center on 8.37 acres, comprising 29 retail suites and five pad buildings. The destination showcases strong anchor tenants, including a new Smart & Final Extra (one of the top performing stores in the area), Rite Aid, dd's Discounts, Big 5 Sporting Goods, and Goodwill. This center has been professionally managed and maintained with over $7 million in capital improvements.

Turlock Town Center sits prominently at the confluence of highly trafficked streets driven by over 20,000 vehicles daily. This center has four access points, two signalized, with tremendous frontage along N Golden State Boulevard. This advantageous location provides easy access to Highway 99, flowing through the entire Central Valley, and the Canal Drive interchange is 1.2 miles away. Benefit from a stable investment opportunity with exceptional visibility in a sought-after Central California destination at Turlock Town Center.
Big 5 already exercised one 5-year option in December 2023. Rite Aid is one of the company's busiest stores, and hence, it will stay with a longer lease. AT&T has also signed a long lease for its telecommunication activities.

Turlock Town Center

Listing ID : 00677

SKU: 677

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Price History

DateEventPrice
December 6 2024Listed$48,800,000.00