56,988 SF
$22,162,000
$22,162,000
Safeway – Single Tenant
For Sale
Safeway – Single Tenant
10050 Bruceville Road - Elk Grove, CA
Property Type
Retail
Property Size
56,988 SF
Price
$22,162,000
Property Highlights
• One of the Nation’s Most Dominant Grocery Chains
• High Demand Grocery Market
• Long Term / Stable Tenancy
• Generational Location
• Continued Residential Growth
• Sole Traditional Grocery Store in Immediate Trade Area
• Densely Populated Infill Location with Substantial Residential Growth
• Future Highway Interchange at Whitelock Parkway & Highway 99
• Longterm Stability
Featured Overview
Safeway is a single tenant net lease grocer within Laguna Reserve Marketplace (Shop Space NAP). The asset represents the opportunity to acquire one of the nation’s most dominant grocers within a Class A shopping center. The neighborhood shopping center was built in two phases, the six pad buildings (NAP) totaling 33,308 square feet were constructed in 2005, and the Safeway building totaling 56,988 square feet was constructed in 2024. The combination of 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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For Sale
Safeway – Single Tenant
Elk Grove, CA
Talk to Our Team
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.
Adam Rainey
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.
Aman Bains
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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