Rancho Cordova, California, offers a unique opportunity for investors to capitalize on the city's growing retail market. With a population of approximately 80,000 residents, Rancho Cordova provides a diverse customer base for retail businesses. Retail properties in Rancho Cordova can represent a range of investments, from small strip centers to larger shopping complexes. The city's strong economy, supported by major employers like Aerojet/Rocketdyne and Soil Born Farms, contributes to a stable retail environment. Additionally, Rancho Cordova's scenic beauty, including the American River Parkway, and its proximity to Sacramento, make it an attractive location for businesses and residents alike. The city's council-manager form of government and strong financial standing also provide a stable foundation for retail investments. With its rich history, diverse economy, and scenic beauty, Rancho Cordova is an excellent choice for retail investors.
Rancho Cordova's retail market is complemented by a range of other property types, including shopping centers, restaurants, office properties, and hotels. The city's shopping centers, such as the Rancho Cordova Town Center, offer a variety of retail and dining options. Restaurants in Rancho Cordova, like the Sheepherder Bar & Grille, provide a unique dining experience for residents and visitors. Office properties, including the Rancho Cordova Corporate Center, offer a range of spaces for businesses. Hotels, such as the Hyatt Place Rancho Cordova, provide convenient accommodations for travelers. With its diverse range of property types, Rancho Cordova offers a comprehensive and attractive environment for businesses and investors. Currently, there are 8 retail properties available for sale in Rancho Cordova, with an average price per square foot of $403 USD and an average size of 10,822 square feet. The largest retail property available is 30,880 square feet, offering a range of possibilities for investors.
What is the average cap rate for retail properties in Rancho Cordova?
When it comes to retail properties in Rancho Cordova, investors can expect an average cap rate of 6.7%, which is a key metric to consider when evaluating potential investments. To better understand the significance of this rate, it's essential to know what is a cap rate, and how it can impact your investment decisions.
How do location and foot traffic affect retail property values?
In Rancho Cordova, California, where there are currently 8 retail properties for sale, location and foot traffic play a significant role in determining retail property values. For instance, properties situated near popular attractions like the American River Parkway, Sacramento Children's Museum, or The MACC: Mills Station Arts and Culture Center, or in high-traffic areas like the Barrel District, tend to command higher prices due to their potential for increased customer exposure and revenue.
