JLL is pleased to offer for sale the Ground Lease interest in a single-tenant 24-hour CVS Pharmacy (the "Property" or "Asset") located in Rancho Cordova, California. The Property is strategically located in the Highway 50 Corridor, and benefits from store sales that are 40% above the national average partially due to having largest office submarket in the Sacramento MSA with investment grade office and retail tenants in the immediate surrounding trade area. This offering presents the unique opportunity to acquire an essential service-oriented Property, backed by an investment grade corporate guaranty within the Sacramento MSA.
- High performing essential service oriented tenancy with investment grade corporate guaranty.
- Over 14 years of primary lease term remaining.
- Property surrounded by investment grade office and retail tenants.
- Immediate proximity to Lincoln Highway - Highway 50. Full service CVS with drive thru pharmacy.
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