Grocery Anchored Shopping Center Value Add Opportunity

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

Description:

Helm Properties proudly presents Vallejo Plaza, offering an exclusive opportunity for investors. Situated at the bustling intersection of Sonoma Blvd and Redwood St in the heart of Vallejo, this property serves as a prominent commercial hub. With a total Gross leaseable area (GLA) of 239,498 square feet, Vallejo Plaza is a vibrant destination for both locals and visitors. Anchored by renowned tenants such as Seafood City, Planet Fitness, and DD’s Discounts, the plaza provides diverse shopping, dining, and fitness experiences. Its strategic location at a signalized intersection ensures maximum visibility and accessibility. Vallejo Plaza’s dynamic tenant mix and prime location make it an enticing investment opportunity within Vallejo’s bustling cityscape.

Vallejo is a waterfront city in Solano County, California, located in the North Bay subregion of the San Francisco Bay Area. Vallejo is geographically the closest North Bay city to the inner East Bay, so it is sometimes associated with that region.

12 Spaces Available

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