Investment Overview

Marcus & Millichap is pleased to exclusively present a two-tenant center, featuring Domino's Pizza (Personal Guarantee) and Shopko Optical (Corporate - 140+ Stores). Both tenants operate on net leases and reimburse a management fee. Shopko Optical recently exercised a five-year renewal, and Domino's has five years remaining - option periods feature 10% rental increases. Subject property has solid real estate fundamentals, including a hard-corner location (19,000 VPD) with high visibility, ample parking, newer 2019 construction, and two dedicated slots on a large pylon sign. This asset is situated in a major retail corridor and shadow-anchored by Walmart Supercenter (2.3M visits in the last 12 months, per placer.ai), Additional major tenants nearby include Starbucks, Physicians Immediate Care, ALDI, Tractor Supply Co., Arby’s, Dollar Tree, Maurice’s, Shoe Sensation, Quality Inn & Suites, U.S. Bank, US Cellular, Verizon, and more. Additionally, this retail center is surrounded by new developments and across the street from Dixon Gateway, a 27-acre development anticipated to create more than 600 jobs and $1 a year in new tax revenue once it's completed. Nearby developments that have been completed since 2023 or are currently under construction include Chipotle, Jersey Mike’s, Tru by Hilton, a Car Wash, a cannabis dispensary, YMCA Child Care Facility, Fairfield Inn & Suites, Casey’s Gas Station, and more.