Shops to Bel Air | 100% Occupied Grocery-Anchored Retail for Sale

Prime Roseville, CA Investment Opportunity | High-Traffic Sacramento MSA Location

Address: 1200 Cirby Way, Roseville, CA 95661

Price: $3,715,000 | Cap Rate: 6.75% | NOI: $250,948

Investment Executive Summary

Lee & Associates is pleased to offer a rare opportunity to acquire the fee simple interest in the Shops to Bel Air, a premier 8,200-square-foot neighborhood retail center located in the heart of Roseville, California. This 100% occupied asset is shadow-anchored by a high-performing Bel Air Grocery Store (Raley’s family of brands), providing a consistent and recession-resistant draw to the site.

Strategically positioned at the signalized hard corner intersection of Sunrise Avenue and Cirby Way, the property benefits from staggering visibility and a combined traffic count exceeding 67,000 vehicles per day. Originally constructed in 1983, the center is currently undergoing a comprehensive 2025 remodel, ensuring modern curb appeal and long-term structural integrity for the incoming investor.

Asset & Tenant Highlights

• Fully Leased Pride of Ownership: 100% occupancy with a stabilized, diversified income stream.

• Internet-Resistant Tenant Mix: The center features a "who’s who" of service-oriented and daily-needs retailers, including Peet’s Coffee & Tea, Sourdough & Co., Stallionz Pizza, and Diamond Blade Barber Studio.

• Triple-Net (NNN) Leases: Most tenants operate under NNN structures, providing a hedge against rising operating expenses and ensuring predictable cash flow.

• Recent Capital Improvements: The 2025 center-wide remodel significantly enhances the asset’s value and attraction for both shoppers and future tenants.

• Historical Stability: The property boasts a proven track record of high occupancy and tenant retention within the Roseville suburban corridor.

Market Dynamics: Roseville & The Sacramento MSA

Roseville is widely regarded as the premier retail destination in Northern California. This property is situated within one of the region’s most affluent and densely populated trade areas.

• Affluent Demographics: The immediate one-mile radius features an average household income exceeding $109,000, providing significant discretionary spending power.

• Growing Population: With over 14,000 residents within one mile and rapid expansion across Placer County, the center is positioned to benefit from ongoing residential and commercial growth.

• Strategic Connectivity: Located near major healthcare providers and regional transportation corridors, the site captures both local commuter traffic and destination shoppers.

Property Specifications & Financials

Location Advantages

The Shops to Bel Air represents a "main and main" retail location. Its position at the nexus of Sunrise Blvd and Cirby Way ensures it remains a vital stop for daily-needs customers. With replaceable rent levels and a service-oriented roster, this asset offers a durable investment profile in a market characterized by high barriers to entry and strong regional shopping demand.

Contact Information: For a full Offering Memorandum (OM) and detailed rent roll, please contact Lee & Associates. This available retail property in Roseville represents a top-tier addition to any West Coast real estate portfolio.