92,761 SF
Safeway Anchored Laguna Reserve Marketplace
For Sale
Safeway Anchored Laguna Reserve Marketplace
10042-10064 Bruceville Road, Elk Grove, CA 95757 - Elk Grove, CA
Property Type
Retail
Property Size
92,761 SF
Featured Overview
Laguna Reserve Marketplace represents the opportunity to acquire a Class A shopping center anchored by one of the nation’s most dominant grocers. The neighborhood shopping center was built in two phases, the six pad buildings totaling 33,308 square feet were constructed in 2005, and the Safeway building totaling 56,988 square feet was constructed in 2024. The planned seventh pad building, which has an executed Letter of Intent for a ground lease from a national coffee tenant, will be 2,465 square feet and construction will begin late 2025. The combination of tenancy, location, and demographics offers an investor the ability to acquire a proven investment which is well-positioned to take advantage of Elk Grove’s continuing growth.
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Anchored by One of the Nation’s Most Dominant Grocery Chains
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Recent Leasing Interest
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Long Term / Stable Tenancy
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Significant Existing Residential Presence
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Continued Residential Growth
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Below Market Rents
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Rental Rates Poised to Rise
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Ideal Corner Location
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Densely Populated and Growing
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For Sale
Safeway Anchored Laguna Reserve Marketplace
Elk Grove, CA
Talk to Our Team
Adam Rainey
Associate Vice President
Adam was born and raised in the Sacramento area and now lives locally in Rocklin, CA. For the past decade, he has been in the construction industry and has worked mainly in the heating and air trade.
Gary Gallelli, Jr.
CEO | Partner
Gary is a second generation real estate professional with over 31 years of commercial real estate experience. He began his brokerage career with Grubb & Ellis in 1992 and within his second year, was named Overall Top Producer.
Pat Ronan
Vice President
Pat Ronan earned a Bachelor of Science degree in Business (Finance) from California State University, Sacramento in 1996. After 5 years with a Global Asset Management firm, Pat entered commercial real estate.
Aman Bains
Associate Vice President
Aman joined Gallelli Real Estate after spending close to 15 years in community banking in the greater Sacramento market focusing on commercial real estate and agribusiness. His primary drivers throughout his career have been to build lifelong relationships by delivering excellent customer service and being a trusted subject matter expert in his field.
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