7301 Greenback Ln Citrus Heights, CA 95621

San Juan Plaza shopping center features a mix of national and regional tenants. This twenty-four-unit shopping center is leased to tenants including Safeway, Dollar Tree, Eco Thrift, Togos/Baskin Robbins, and La Vie Nail Salon. Safeway, a tenant since 1983, exercised a five-year option to extend their lease through 2029 and self-funded a tenant improvement project, converting a portion of the space to a regional distribution center. The franchisee operator of the Togos/Baskin Robbins pays percentage rent above its base rent level due to attractive sales volumes. The shopping center is located in Citrus Heights, near Sacramento. The 2022 population in the three-mile trade area was over 158,000, expected to grow by more than 1.25% by 2027. As of 2022, the median household income in a three-mile radius was $69,254. Situated at the intersection of Greenback Lane and San Juan Avenue, the location benefits from nearly 46,000 vehicles per day as of 2022. Ingress/egress is facilitated by multiple double-wide curb cuts from Greenback Lane and San Juan Avenue, including dedicated left turn lanes. A monument sign on Greenback Lane enhances visibility. Adjacent retailers include Sam’s Club, Burlington Coat Factory, Kohl’s, Ross, Lowe’s, Best Buy, and Walmart. The shopping center comprises approximately 162,769 square feet of leasable building area on a 15.58-acre parcel (676,922 square feet). Improvements feature conventional construction with glu-lam beam/wood frame structural elements over a concrete-slab foundation, stucco exterior walls, and a flat, built-up roof. Roof-mounted gas-fired, heat-pump units provide heating and air conditioning. The property offers a stable, cash-flowing retail center with sustainable or below-market rents.