The subject property is ideally located with excellent access and visibility within a robust retail corridor at the intersection of East Stockton Boulevard (14,230 AADT) and Elk Grove Boulevard (55,200 AADT) at their junction with CA-99/Golden State Highway (128,700 AADT). The site's prominent location makes it easily visible directly from the highway and adjacent on and off ramps. The site benefits from robust demographics with a total daytime population of 1,025,271 within 15 miles of the site. Within a 3 mile radius of the property, average household income exceeds $110,260 and average owner-occupied home value exceeds $459,160. More than 45% of households within 3 miles of the site earn more than $100,000 annually.
The property benefits from excellent co-tenancy within a growing shopping center development adjacent to a high-volume Dutch Bros. Coffee.
Additional shopping centers neighboring the site include Laguna 99 Plaza, featuring Walmart and Walmart Neighborhood market as tenants; Elk Grove Village, anchored by CVS and Big Lots; Marketplace 99 South, with tenants including Hobby Lobby, Ross, Staples, Burlington, JoAnn Fabrics, and more; Laguna Gateway, featuring Sprouts Farmer’s Market, The Home Depot, Best Buy, Dick’s Sporting Goods, and Petsmart; Laguna Crossroads, a Target-anchored center with additional tenants including Total Wine, Michael’s, Stein Mart, and Petco; Laguna Promenade, anchored by Nugget Markets; Elk Grove Commons, featuring Trader Joe’s, Homegoods, and Cost Plus World Market; and more. Major retail tenants in the surrounding area include Costco, CVS, Walgreens, Safeway, Bel Air, Smart & Final Extra, Dollar Tree, Harbor Freight Tools, and more.
