For Lease
$16.20-$28.20 /SF/YR

10947 Olson DrRancho Cordova, CA 95670

±220,000 SF Shopping Center, prime Rancho Cordova location.

Overview

Added:
Dec 11, 2024
Days on market:
116
Koreana Plaza, located at 10947 Olson Dr, Rancho Cordova, CA 95670, presents a significant retail investment opportunity. This ±220,000 square foot strip center, built in 1984, sits on a substantial 27-acre lot and offers multiple tenancy options. The property boasts a minimum divisible space of 975 square feet, with a maximum contiguous space available of 76,158 square feet, providing flexibility for a range of tenants. The center is anchored by Floor & Decor and KP International Market, a key driver of significant foot traffic. KP International Market's diverse offerings attract over 1.2 million customers annually, catering to a broad demographic with Asian, European, Hispanic, and American products and food. This strong anchor tenant contributes to the center's robust performance and consistent customer base. Furthermore, Koreana Plaza benefits from its strategic location within a thriving commercial area, surrounded by over 12 million square feet of office and industrial space, ensuring a substantial daytime population and consistent customer flow. This established shopping center offers a compelling opportunity for investors seeking a well-positioned retail property in a high-demand area of Rancho Cordova. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a prominent presence in a bustling community.

Highlights

  • Large destination shopping center totaling ±220,000 square feet on a 27-acre lot.
  • Abundant parking available.
  • Monument and pylon signage for high visibility.
  • Strong demographics supported by over 1.2 million annual customers at the KP International Market anchor tenant.
  • Close proximity to the freeway for convenient access.
  • Retail hub in Rancho Cordova, surrounded by over 12 million square feet of office and industrial space.

Property Details for 10947 Olson Dr

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
219,216 SF
Year Built
1984

Unit(s) available at that property

Space
Suite 711
Size
2,740 SF
Rate per SF
$16.20
Space
Suite 405
Size
2,750 SF
Rate per SF
$28.20
Space
Suite 710
Size
1,373 SF
Rate per SF
$24
Space
Suite 712
Size
1,300 SF
Rate per SF
$21
Space
Suite 709
Size
2,252 SF
Rate per SF
$21

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.5962714
Longitude
-121.2831871
10947 Olson Dr, Rancho Cordova, California

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10947 Olson Dr
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