Listing banner image
  • Occupancy
    0%Occupancy
  • Asking Price
    $13,315,000Asking Price
  • City
    MantecaCity
  • Year Built
    2008Year Built
  • Size
    54,530 SFSize
  • Property Type
    RetailProperty Type

Description

CBRE is proud to offer the opportunity to acquire Spreckels Park Shopping Center, a high-visibility neighborhood shopping center located on East Yosemite Avenue, Manteca’s primary retail corridor, and proximate to U.S. Highway 99.

The Center is surrounded by major users such as Target, Food 4 Less, TJ Maxx and Staples and features a complementary roster of strong, high traffic co-tenants including PetSmart and San Joaquin General Hospital.

The Center is priced at $13,315,000 which equates to $244 per square foot and a year one capitalization rate of 6.5%. Leases are net as to costs of...

Documents

Offering Summary

  • Property Type
    Retail
  • Size
    54,530 SF
  • Available
    54,530 SF
  • Built
    2008
  • Parking
    289 stalls / 5.3:1,000
  • Total Acres
    ~5.47 ac

Documents

Property Address

253-299 Spreckels Drive
Manteca, CA 95336

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    54,530 SF
  • Available GLA
    54,530 SF
  • Occupancy
    97%
  • Year Built
    2008
  • Parking Ratio
    5.3 per 1,000 SF
  • Total Parking
    289
  • Acres
    5.47
  • Zoning
    CG (General Commercial)
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    54,530 SF
  • Available GLA
    54,530 SF
  • Occupancy
    97%
  • Year Built
    2008
  • Parking Ratio
    5.3 per 1,000 SF
  • Total Parking
    289
  • Acres
    5.47
  • Zoning
    CG (General Commercial)
  • Ownership Interest
    Fee Simple

Deal Team

Randy Getz profile image
Randy Getz
Executive Vice President Executive Vice President
CA RE Lic. 00828903

Description

CBRE is proud to offer the opportunity to acquire Spreckels Park Shopping Center, a high-visibility neighborhood shopping center located on East Yosemite Avenue, Manteca’s primary retail corridor, and proximate to U.S. Highway 99.

The Center is surrounded by major users such as Target, Food 4 Less, TJ Maxx and Staples and features a complementary roster of strong, high traffic co-tenants including PetSmart and San Joaquin General Hospital.

The Center is priced at $13,315,000 which equates to $244 per square foot and a year one capitalization rate of 6.5%. Leases are net as to costs of...

Documents

Offering Summary

  • Property Type
    Retail
  • Size
    54,530 SF
  • Available
    54,530 SF
  • Built
    2008
  • Parking
    289 stalls / 5.3:1,000
  • Total Acres
    ~5.47 ac

Documents

Property Address

253-299 Spreckels Drive
Manteca, CA 95336

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    54,530 SF
  • Available GLA
    54,530 SF
  • Occupancy
    97%
  • Year Built
    2008
  • Parking Ratio
    5.3 per 1,000 SF
  • Total Parking
    289
  • Acres
    5.47
  • Zoning
    CG (General Commercial)
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    54,530 SF
  • Available GLA
    54,530 SF
  • Occupancy
    97%
  • Year Built
    2008
  • Parking Ratio
    5.3 per 1,000 SF
  • Total Parking
    289
  • Acres
    5.47
  • Zoning
    CG (General Commercial)
  • Ownership Interest
    Fee Simple

Deal Team

Randy Getz profile image
Randy Getz
Executive Vice President Executive Vice President
CA RE Lic. 00828903
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