Rose Center

Marcus & Millichap proudly presents a rare multi-tenant retail investment opportunity located in Benicia, CA. This 100% leased property, built in 2007, consists of 10 suites providing the city of Benicia with a variety of essential goods and services. All tenants are on a NNN lease structure and have recently exercised five year lease extensions, creating a passive and stable investment in a growing market.

Strategically located on Columbus Pkwy (15,000+ VPD) and Rose Dr., just off Interstate-780 (65,000+ VPD), the property offers excellent visibility along I-780. Its prime location is further enhanced by its proximity to Interstate 780, providing convenient access for over 61,000 vehicles per day traveling toward major markets such as the East Bay and Vallejo.

This property consists of 10 suites, with 8 tenants extended through 2029. Notably, 4 tenants have maintained a presence at the location for nearly two decades, emphasizing long-term tenant satisfaction and success. Boasting a tenant mix of restaurants, self-care and beauty salons, and essential services— all under NNN leases— the property stands as a testament to stability and investment value.

Benicia, CA, offers a strategic location, diverse economy, and strong infrastructure. The city is home to major industries such as the Tesoro Refinery, a leading oil refinery, and the Benicia Port, which supports shipping and trade. Additionally, Benicia’s proximity to key Bay Area markets, including Oakland and San Francisco, bolsters its logistics and distribution sectors. The city is also seeing growth in tech and retail, with companies like Peet's Coffee expanding their operations. With a growing population, high household incomes, and a business-friendly environment, Benicia presents strong long-term investment potential.