Kidder Mathews is pleased to offer to qualified investors the opportunity to acquire the 100% fee-interest in Turlock Town Center. This offering represents a value-add opportunity to acquire a retail asset with a strong identity in an ideal location with an excellent mix of credit tenancy encompassing national, regional and local tenants. In the heart of California’s Central Valley, the center is strategically located at the intersection of Golden State Boulevard and West Canal Drive in Turlock, California. Turlock Town Center consists of six (6) parcels on 8.37 AC comprised of 29 retail suites, including inline shop and anchor space as well as three pad buildings, totaling ±102,328 SF. The center is also co-anchored by 99 Cents Only and Rite Aid (separately owned). Built in 1986, the single-story improvements are constructed of wood frame and block with aluminum frame glazed-mullion storefronts. Additional property features include new tenant pylon signs, incredible access with four ingress/egress points, along with ample tenant/customer parking estimated at +/- per 1,000 SF. Presently, Turlock Town Center is ±69% occupied by a diverse mix of national, regional and local tenants occupying suites ranging from 960 SF to 19,769 SF. Existing availability within the center are primarily 2nd-generation suites, limiting lease-up costs. Strong national anchor tenants include Ross (dd’s Discounts), Goodwill, Big 5 Sporting Goods, and Aaron’s, which occupy approximately 45% of the shopping center, in addition to a tenant mix of Subway and other local restaurants, Cricket Wireless, HR Block and Western Dental. Complimentary notable tenants within this retail corridor include Target, Home Depot, Walmart, Costco, Old Navy, Bed Bath & Beyond, Safeway, Dick’s Sporting Goods, Kohl’s, BevMo and Lowe's.
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Retail Space
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