Target Shadow Shopping Center and Outparcel Building | 92% Occupied | Sonoma County CA

Starting Bid $4,000,000

• 92% Leased Entertainment Retail Center: Four tenants occupy 92% of GLA across two buildings on a 13-acre site in Rohnert Park, CA.
• Long-Term Anchor Lease Through 2039: CenterLine33 Pickleball occupies 74,000 SF, or 52% of GLA, with two 5-year renewal options.
• ±11,186 SF Immediate Lease-Up Upside: Warm-shell inline space plus a former Applebee's outparcel offer value-add potential.
• High-Traffic Infill Retail Corridor: ±27,190 vehicles pass daily along Rohnert Park Expressway through this retail corridor.
• Sandwiched Between National Retail Anchors: Target and FoodMaxx anchored centers flank the site amid Costco, Safeway, Ross, PetSmart.
• Affluent North Bay Sonoma Trade Area: ±58,308 residents and $110,969 average household income sit within a 3-mile radius here.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 555 Rohnert Park Expressway is a 92% occupied, 142,767 SF retail and entertainment center on 13 acres in the heart of Sonoma County wine country. CenterLine33 Pickleball anchors the property under a new 15-year lease signed in 2024 for 74,000 SF, operating one of California's largest indoor/outdoor pickleball facilities alongside Rebounderz Trampoline Arena, a 35,800 SF tenant in place since 2014, Southern Glazer's Wine & Spirits, and Discovery Church. The former Applebee's building which sits on its own parcel along the signalized hard corner gives a buyer the opportunity to reposition and lease to a national credit tenant. The center sits adjacent to Target and FoodMaxx anchored shopping centers amid national retailers including Costco, Safeway, and Ross Dress for Less, with average household income of $110,969 within three miles. Less than 1.5 miles from Graton Resort & Casino and under four miles from Sonoma State University, the asset benefits from durable demand generators in a supply-constrained North Bay submarket.