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PROPERTY
LOCATION |
Park Place Shopping Center
4300 Sonoma Boulevard
Vallejo, California
94589
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PROPERTY SUMMARY |
Type:
Retail
Class:
Price:
Contact Broker
Listed
Measurement/Yardstick:
150,766
Sq Ft
Number of Buildings:
5
Number of Floors:
1
Occupancy:
52%
Year Built:
1987
Year Renovated:
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PROPERTY
DESCRIPTION |
Property is 12 miles south of Napa and sits on 14.16 acres Highway 29 (29K DTC's) to the west & Broadway (18K DTC's) to the east. There are 5 buildings: an outparcel Starbucks, an outparcel Bank of the West, an outparcel Medical Office Building (all 3 buildings on the west side of the property), an outparcel inline/multi-tenant retail building and the former grocery. Built in 1989 and is 151K sf. Raley's (60K sf, vacated at LXP in 2017). 24 Hour Fitness (22K sf, $19.50/sf NNN) closed during COVID and has rejected this lease in BK. The Site was rezoned by the City and allows multifamily development at 16 – 50 dwelling units/ acre. Preliminary meetings with the City focused on redevelopment of the in-line retail into 275 apartment units.
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For more information contact
Tatiana Hodapp
JLL
tatiana.hodapp@am.jll.com
Tel:
415-562-4268
http://www.us.jll.com
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