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Safeway - 20 Year Single Tenant Net Lease

$23,250,000

10050 Bruceville Road, Elk Grove, CA 95757

Active
Last Updated: 10/14/2025

5.15

Cap Rate

1,196,748

NOI

Details:
Cap Rate:    5.15%
NOI:    $1,196,748
Building Size:    56,988 sqft
Lot Area:    7.1 acres
Occupancy:    100%
Class:    A
Year Built:    2024
Tenancy:    Single
Highlights:
  • One of the Nation’s Most Dominant Grocery Chains
  • High Demand Grocery Market
  • Long Term / Stable Tenancy
  • Generational Location
  • Continued Residential Growth
  • Sole Traditional Grocery Store in Immediate Trade Area
  • Densely Populated Infill Location with Substantial Residential Growth
  • Future Highway Interchange at Whitelock Parkway & Highway 99
  • Longterm Stability
Description:

Gallelli Real Estate is pleased to present the sale of the fee simple interest in Safeway, a single tenant net lease grocer within Laguna Reserve Marketplace (Shop Space NAP). The asset represents the opportunity to acquire one of the nation’s most dominant grocers within a Class A shopping center.  The neighborhood shopping center was built in two phases, the six pad buildings (NAP) totaling 33,308 square feet were constructed in 2005, and the Safeway building totaling 56,988 square feet was constructed in 2024. The combination of location, and demographics offers an investor the ability to acquire a proven investment which is well-positioned to take advantage of Elk Grove’s continuing growth.

Map:
Documents:
Title
Flyer_Safeway_at_Laguna_9-30-2025.pdf
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