10947 Olson Dr Rancho Cordova, CA 95670

Property Details for 10947 Olson Dr

Year built

1984

Property size

219,216 SF

Property type

Neighborhood centers

Property subtype

Retail properties

Description

Koreana Plaza, located at 10947 Olson Dr, Rancho Cordova, CA 95670, presents a significant retail investment opportunity. This ±220,000 square foot strip center, built in 1984, sits on a substantial 27-acre lot and offers multiple tenancy options. The property boasts a minimum divisible space of 975 square feet, with a maximum contiguous space available of 76,158 square feet, providing flexibility for a range of tenants. The center is anchored by Floor & Decor and KP International Market, a key driver of significant foot traffic. KP International Market's diverse offerings attract over 1.2 million customers annually, catering to a broad demographic with Asian, European, Hispanic, and American products and food. This strong anchor tenant contributes to the center's robust performance and consistent customer base. Furthermore, Koreana Plaza benefits from its strategic location within a thriving commercial area, surrounded by over 12 million square feet of office and industrial space, ensuring a substantial daytime population and consistent customer flow. This established shopping center offers a compelling opportunity for investors seeking a well-positioned retail property in a high-demand area of Rancho Cordova. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a prominent presence in a bustling community.

Location Insight

City

Rancho Cordova

County

Sacramento

State

California

Longitude

-121.283

Latitude

38.5963