100% Leased Retail Strip
10530 Twin Cities Road Galt, CA 95632
10530 Twin Cities Road, Galt, CA, 95632
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For Sale
Contact for pricing
Multi-tenant retail strip center with established tenant mix anchored by Grocery Outlet, Dollar Tree, and Tractor Supply.
Property Size13,412 SF
Price / SF$463.76
Days on Market51
Property Features for 10530 Twin Cities Road
General Information
- Standard status
- Active
- Size
- 13,412 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agency
Cushman & Wakefield - San Francisco, California
Listed by
Don LeBuhn · License #CA 01821805
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:51PM Checked: Jul 20 at 2:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Francisco, California
Investment Insights
Based on property information with market context.
Carillion Corners is a 13,412 SF, multi-tenant retail strip center presented for sale as a 100% leased property. The center features eight total tenants and a 4.4-year weighted average lease term (WALT), providing an in-place operating profile for a new owner.
The property fronts Twin Cities Road and is located just east of Highway 99. It is shadow anchored by Grocery Outlet (new/scheduled to open September 2026), Dollar Tree, and Tractor Supply, and it sits near larger centers on Twin Cities Road anchored by Walmart and Raley’s. The center also benefits from nearby recent residential development, with Lennar adding approximately 226 new homes directly behind the property.
For investors and retail buyers seeking an occupied strip center with a defined tenant base, Carillion Corners offers a current leasing structure supported by established surrounding retail anchors. Market context provided with the offering notes retail vacancy of 2.8% in the submarket, down 0.6% over the past year, along with average household income exceeding $126,000 within five miles.
The property fronts Twin Cities Road and is located just east of Highway 99. It is shadow anchored by Grocery Outlet (new/scheduled to open September 2026), Dollar Tree, and Tractor Supply, and it sits near larger centers on Twin Cities Road anchored by Walmart and Raley’s. The center also benefits from nearby recent residential development, with Lennar adding approximately 226 new homes directly behind the property.
For investors and retail buyers seeking an occupied strip center with a defined tenant base, Carillion Corners offers a current leasing structure supported by established surrounding retail anchors. Market context provided with the offering notes retail vacancy of 2.8% in the submarket, down 0.6% over the past year, along with average household income exceeding $126,000 within five miles.
Key Highlights
- 100% leased 13,412 SF multi‑tenant retail strip center in Galt, CA
- Eight total tenants with a 4.4‑year WALT
- Built in 2009
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $263.9k | $19.68 |
| − Vacancy | −$14.5k | −$1.08 |
| EGI | $249.4k | $18.60 |
| − OpEx | −$74.8k | −$5.58 |
| NOI | $174.6k | $13.02 |
13,412 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.49M
$2.18M – $2.91M
NOI $174,602 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.13M – $4.17M
NOI $250,111 @ 7.0% cap · market cap 4.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Anytime Fitness
Gym & Fitness Center
Papa Murphy's | Take ...
Restaurant
Fancy Donuts2
Bakery
VIP Nails and Spa
Nail Salon
Subway
Take-out & Catering
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Multi-tenant retail strip center with established tenant mix anchored by Grocery Outlet, Dollar Tree, and Tractor Supply.
Where is this strip mall located?
The property is located at 10530 Twin Cities Road Galt, CA.
What is the asking price?
The asking price for this property is $6,220,000.
What are key features of this property?
This property features: 100% leased 13,412 SF multi‑tenant retail strip center in Galt, CA; Eight total tenants with a 4.4‑year WALT; Built in 2009
