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Property profile & analytics
OFF-MARKET
Neighborhood centers

10947 Olson Dr Rancho Cordova, CA 95670

219,216 SF Built 1984
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Year built 1984
Total area 219,216 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Luxy Anna Cosmetic Store
  • Mochinut Bakery Specialty Food Shop
  • Osaki Massage Chair Outlet (OTA World) Furniture & Home Goods Home Decor Store
  • South Pacific & Asian Mart (Indian store) Grocery & Convenience Store Food Market
  • Halal Mart Market & Restaurant Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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