Rancho Cordova, California, offers a unique opportunity for investors to capitalize on the city's growing economy and diverse industries. Shopping Centers in Rancho Cordova are a sound investment choice, providing a stable source of income and potential for long-term growth. These commercial properties can represent a variety of investments, from retail spaces to mixed-use developments, catering to the city's growing population of approximately 80,000 residents. Rancho Cordova's strong infrastructure, including utilities and transportation facilities, supports the success of shopping centers. The city's scenic beauty, with the American River Parkway and bike trails, also attracts visitors and locals alike, making it an ideal location for businesses. Additionally, the presence of major employers like Aerojet/Rocketdyne and Soil Born Farms contributes to the city's economic stability. The city's amenities, such as the Sacramento Children's Museum and The MACC: Mills Station Arts and Culture Center, further enhance its appeal.
Rancho Cordova's shopping centers are situated in a prime location, with easy access to major transportation facilities, including the Gold Line light rail line and various bus lines. The city's diverse economy, with a strong focus on technology, healthcare, education, and agriculture, supports the success of shopping centers. Other property types available in Rancho Cordova include Restaurants, which can benefit from the city's growing population and tourist attractions. Specialty Properties, such as the unique Barrel District, offer a distinct character and charm. Land is also available for development, with opportunities for mixed-use projects and commercial spaces. Office Properties, like those found in the city's business parks, cater to the needs of major employers and startups alike. With 1 shopping centers available for sale, investors have a range of options to choose from, with average prices per square foot of $153 USD and average sizes of 7,860 square feet.
What is the average cap rate for shopping centers in Rancho Cordova?
As of the current market, the average cap rate for shopping centers in Rancho Cordova is 8.14%, which is a key metric for investors and developers looking to capitalize on the city's growing economy and diverse range of industries.
