3375 Jefferson St | Napa, CA 94558
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3375 Jefferson St
Napa, CA 94558
Jefferson Square · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- RARE SAN FRANCISCO BAY AREA GROCERY-ANCHORED COMMUNITY CENTER
- EXCEPTIONAL SALES PERFORMANCE
- HIGHLY STABLE CASH FLOW WITH STRONG MARK-TO-MARKET POTENTIAL
- HIGH IDENTITY LOCATION SURROUNDED BY OUTSTANDING DEMOGRAPHICS
EXECUTIVE SUMMARY
Newmark Retail Capital Markets, as the Exclusive Advisor, is pleased to present the unique opportunity to acquire the 100% fee-simple interest in Jefferson Square (the “Property”), a dominant 86,082 square foot neighborhood grocery anchored shopping center anchored by Safeway and Ross Stores located in Napa, California.
Available for the first time in its history, Jefferson Square is located in the world-renowned city of Napa, CA. The Property represents a rare retail assemblage comprised of Safeway and Ross, along with an adjacent 14,080 square foot convenience strip center that functions as an extended inline component to the anchors. This collection of retail has been in operation for over 20 years providing daily needs to the community and generating consumer visits seven days a week.
Jefferson Square is anchored and backed by Safeway, Northern California’s most dominant grocer, and investment grade tenant Ross
Stores with an S&P credit rating of BBB+. These two anchors comprise approximately 70% of base rent providing a bondable and highly
secure income stream for investors and lenders alike.
Available for the first time in its history, Jefferson Square is located in the world-renowned city of Napa, CA. The Property represents a rare retail assemblage comprised of Safeway and Ross, along with an adjacent 14,080 square foot convenience strip center that functions as an extended inline component to the anchors. This collection of retail has been in operation for over 20 years providing daily needs to the community and generating consumer visits seven days a week.
Jefferson Square is anchored and backed by Safeway, Northern California’s most dominant grocer, and investment grade tenant Ross
Stores with an S&P credit rating of BBB+. These two anchors comprise approximately 70% of base rent providing a bondable and highly
secure income stream for investors and lenders alike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
86,082 SF
Building Class
B
Year Built
1990
Price
$28,066,156 CAD
Price Per SF
$326 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
8.42 AC
Parking
296 Spaces (3.44 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $17,871,501 CAD | |
| Land Assessment | $15,487,130 CAD | Total Assessment | $33,358,631 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,487,130 CAD
Improvements Assessment
$17,871,501 CAD
Total Assessment
$33,358,631 CAD
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