JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire the fee simple interest in Franciscan and Mohave Center (the “Properties”), a 106,780 square foot grocery-anchored retail center and a 10,228 square foot strip center located in Fremont, CA. The Property features a diverse tenant roster which includes a Safeway Market, Taco Bell, KFC, Burger King, and 7-Eleven Market. The Properties offer near-term NOI growth through rolling the Burger King, Taco Bell, and KFC pads to market rent as well as a repositioning opportunity through the lease-up of the former Walgreens space.
- STRONG IN-PLACE CASH FLOWS WITH IMMEDIATE UPSIDE
- DENSE, AFFLUENT AND WELL-EDUCATED SUBMARKET POPULATION
- TOP PERFORMING SAFEWAY ANCHORED CENTER
- IRREPLICABLE BAY AREA & SILICON VALLEY LOCATION
- POSITIONED IN THE PATH OF LARGE DEVELOPMENTS
- LONG STANDING IN-PLACE TENANT BASE WITH STRONG REGIONAL DRAW
- TOP RATED PUBLIC SCHOOL DISTRICT