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Grocery-Anchored Shopping Center
For Sale
Contact for pricing
Pending

2771 4th St, Santa Rosa, CA 95405

Fully leased retail center with national tenants and absolute NNN lease structures.

Property Size85,531 SF
Lot Size7.99 Acres
Days on Market357

Property Features for 2771 4th St

General Information

Standard status Pending
Size 85,531 SF
Lot size 7.99 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Additional Details

Anchor Co-Tenants Safeway, CVS Pharmacy, IHOP

Building Details

Year Built 1961
Year Renovated 1997
Buildings 3
Tenancy Multi
Listing Agency: JLL - San Francisco, California
Listed By: Andrew Spangenberg · License #02211367
Source: Crexi
Added: Sep 8, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:21PM

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 JLL - San Francisco, California

Investment Insights

Based on property information with market context.

Flamingo Shopping Center is a 85,531-square-foot retail property built in 1961 on 7.99 acres. Safeway, CVS Pharmacy, and IHOP anchor the center, with additional retail and service occupants including Starbucks, The UPS Store, Wells Fargo, and Redwood Credit Union in space subleased by Safeway. The property is fully leased, and its rent roll consists of absolute NNN corporate leases with no landlord responsibilities.

The center is positioned along 4th Street in Santa Rosa, California, adjacent to the Flamingo Resort & Spa. Its lease portfolio has 23 years of weighted average lease term remaining, providing a long-duration occupancy profile across the established shopping center.

Key Highlights

  • 85,531 square feet of leasable retail area on 7.99 acres
  • 100% leased to Safeway, CVS Pharmacy, IHOP, and additional national and regional retailers
  • Absolute NNN corporate leases with no landlord responsibilities

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store Redbox Cinema UPS Access Point ... Courier Service CVS Pharmacy CVS Pharmacy Pharmacy

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Auto Repair Shop Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 25% Shops & Services 12% Apparel 11%
Safeway Groceries
46,643 visits/mo 0.0 miles
lululemon athletica Apparel
12,202 visits/mo 0.5 miles
Sur La Table Home Improvements & Furnishings
12,116 visits/mo 0.5 miles
Shake Shack Dining
10,863 visits/mo 0.5 miles
Thai Bistro Dining
9,271 visits/mo 0.4 miles

Demographics for 95405, CA

22,015
Population
9,664
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
94%
High-School Grad
5.0 sq mi
ZIP Area
4,403
Density / Sq Mi
$117,931
Median Household Income
$60,009
Median Earnings
$2,315
Median Rent
$749,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with national tenants and absolute NNN lease structures.
Where is this shopping center located?
The property is located at 2771 4th St Santa Rosa, CA.
What are key features of this property?
This property features: 85,531 square feet of leasable retail area on 7.99 acres; 100% leased to Safeway, CVS Pharmacy, IHOP, and additional national and regional retailers; Absolute NNN corporate leases with no landlord responsibilities
(415) 510-6961 Call to check price and availability
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