Turlock Town Center
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Turlock Town Center
7 Properties Offered at $48,800,000 in Turlock, CA
Investment Highlights
- Turlock Town Center is an investment opportunity to purchase a fully leased, 150,000-square-foot shopping center with long-term, national NNN tenants.
- Anchored by Smart & Final Extra and Rite Aid, the center has a synergistic tenant mix, including restaurants, laundry, and professional services.
- Capitalizing on over 2,000 feet of frontage on N Golden State Road, this center benefits from high visibility to over 50,000 vehicles daily.
- Advantageous location is surrounded by solid demographics, with a population of 86,000 people within a 5-mile radius of Turlock Town Center.
Executive Summary
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 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.
Sale Flyer
Property Facts
| Price | $48,800,000 | Number of Properties | 7 |
| Price / SF | $338.03 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 144,365 SF |
| Status | Active | Total Land Area | 8.40 AC |
| Price | $48,800,000 |
| Price / SF | $338.03 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 144,365 SF |
| Total Land Area | 8.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Smart & Final Extra! and Rite Aid
651-653 N Golden State Blvd, Turlock, CA 95380 |
Retail | 43,000 SF | 1985 | - |
|
El Rosal and dd's Discounts
503-601 N Golden State Blvd, Turlock, CA 95380 |
Retail | 38,600 SF | 1986 | - |
|
Turlock Town Center
667-757 N Golden State Blvd, Turlock, CA 95380 |
Retail | 10,000 SF | 1986 | - |
|
Rainbow Fabrics
751 N Golden State Blvd, Turlock, CA 95380 |
Retail | 34,142 SF | 1986 | - |
|
Dutch Bros Coffee
699 N Golden State Blvd, Turlock, CA 95380 |
Retail | 2,400 SF | 1987 | - |
|
Big 5 Sporting Goods
599 N Golden State Blvd, Turlock, CA 95380 |
Retail | 11,000 SF | 1989 | - |
|
Western Dental
703 N Golden State Blvd, Turlock, CA 95380 |
Office | 5,223 SF | 1998 | - |
Sale Advisor
Sale Advisor
J.R. Shah, Broker Associate
(714) 335-9048
Contact
CENTURY 21 Discovery real estate agent Jigar "JR" Shah was the No. 1 Century 21® commercial agent in the United States for 2021. JR is a 30-year veteran of real estate and consistently in the top 1 percent of Century 21 agents in the nation. He specializes in both residential and commercial real estate in California and the Phoenix, Arizona area.
JR has a Masters in Accounting and an MBA in Finance. He is a Certified Negotiation Expert (CNE), a 1031 Tax Deferred Exchange Specialist and a designated Commercial Specialist. JR speaks English, Gujarati and Hindi.
JR belongs to several professional organizations including the Pacific West Association of REALTORS®, California Association of REALTORS® and the National Association of REALTORS®. JR is a member of Pratham which is a network of organizations that promote primary education for disadvantaged children. He is also a member of TiE, a global, non-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship . When JR is not selling real estate his hobbies include tennis, golf and traveling with his wife Rashmi and their family.
JR has a Masters in Accounting and an MBA in Finance. He is a Certified Negotiation Expert (CNE), a 1031 Tax Deferred Exchange Specialist and a designated Commercial Specialist. JR speaks English, Gujarati and Hindi.
JR belongs to several professional organizations including the Pacific West Association of REALTORS®, California Association of REALTORS® and the National Association of REALTORS®. JR is a member of Pratham which is a network of organizations that promote primary education for disadvantaged children. He is also a member of TiE, a global, non-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship . When JR is not selling real estate his hobbies include tennis, golf and traveling with his wife Rashmi and their family.
-
J.R. Shah -
Century 21 Discovery Inc.
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