10301-10395 Folsom Blvd
Rancho Cordova, CA 95670
Mills Shopping Center · Retail Property For Sale

Cushman & Wakefield, is pleased to present the opportunity to acquire Mills Center (the Property ), a 237,550 square foot recently renovated, institutional quality, grocery-anchored community center located along Folsom Blvd. in Rancho Cordova, California. Recently repositioned with daily needs and discount retail anchors on long-term leases, the Property is currently 86% leased and offers investors a true value-add opportunity through the lease-up of currently vacant shop spaces and additional upside from legacy leases with below-market rents. New anchor tenants include dd' s Discounts, Sears Outlet, Planet Fitness, and Viva Supermarket along with Dollar Tree and Salvation Army. Rancho Cordova is located approximately 14 miles east of Sacramento along Highway 50 and has emerged as a leading commercial center in Sacramento County. The market area surrounding Mills Center has a population of 225,991 within 5-miles and an average household income of approximately $82,000. Located on Folsom Boulevard and walking distance to Folsom Lake Community College, the Property is adjacent to a significant transit-oriented development area that has been up-zoned for medium and high-density mixed-use developments including two and four-story condominiums, townhomes and student apartments.