Properties for Sale

Mueller Corners is a 100%-leased, multi-tenant retail center at the southeast corner of Marconi and Fulton avenues in Sacramento. The approximately 18,427-square-foot property occupies about 2.3 acres and is leased on a net basis to a mix of food, service, and retail businesses. The offering is priced at $4,741,000, or approximately $257 per square foot, with an in-place capitalization rate of 6.5% and net operating income of $308,163. The center was built in 1980 and renovated in 2014, with surface parking at approximately four spaces per 1,000 square feet. Mueller Corners sits across from Town & Country Village and next to Taylor Center, placing it near Sprouts Farmers Market, Trader Joe’s, Walmart Neighborhood Market, and other established retailers. The site benefits from SPA zoning, visibility along the Marconi Avenue corridor, reported traffic of approximately 27,701 vehicles per day on Marconi Avenue, and access to Business 80 and U.S. Highway 50.

OFFERS DUE OCTOBER 16, 2026. Tours available Wednesday, October 14, 10:00 a.m. to 2:00 p.m. To schedule a tour, please contact James Kaye at +1 408 453 7419 or james.kaye@cbre.com SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID. EMAIL LISTING BROKERS FOR ADDITIONAL INFORMATION & BID PROCEDURES. CBRE and KW Commercial are proud to offer the opportunity to acquire Blackhawk Plaza, an open air lifestyle center in Danville, California. This distinctive development enjoyed substantial success pre-Covid and is now being marketed under the auspices of the United States Bankruptcy Court for the Central District of California. An opportunistic acquisition of this once-iconic asset will allow a prospective purchaser to undertake a re-leasing and repositioning strategy in the middle of high income, supply-constrained Danville, California. Please note that the sale is subject to Bankruptcy Court approval and overbid. Please email the listing brokers for additional information regarding the sale process. Blackhawk Plaza was one of the Bay Area’s most ambitious upscale retail developments. Opened in 1989 as part of the master-planned Blackhawk community, the center combined luxury shopping, resort-style landscaping, and cultural attractions in a setting unlike any other East Bay shopping center. While retailers came and went over the decades, Blackhawk Plaza ultimately found its identity not as a traditional shopping mall, but as a destination centered on dining, entertainment, and cultural attractions. Tenants in place represent a broad spectrum of service-oriented uses and many have demonstrated remarkable resilience in the face of the center’s post-Covid decline. The complex presently consists of 53 units of which 32 are rented, representing 45% of the Subject’s existing square footage. Access to a Virtual Deal Room containing significant source documents compiled with this sale in mind, including a CBRE MAI appraisal from May of 2026, is available upon request. The center is located at the northeast quadrant of Blackhawk Road and Camino Tassajara in the southern portion of the unincorporated community of Blackhawk, California just east of Interstate 680 and just north of Interstate 580.

Greenback Corners is a fully leased Sacramento retail property at Garfield Avenue and Greenback Lane, offered through CBRE at $6,295,000. Approximately 17,295 square feet of improvements support a mix of food and service tenants. The offering indicates pricing of $364 per square foot and a first-year cap rate of 7.33%. Most leases pass occupancy expenses to tenants; the United States of America suite, representing 12.5% of the space, is the stated exception. Some existing rents are described as below market, giving buyers a basis for reviewing future lease adjustments. The site is across from the Greenback Lane Interstate 80 on-ramp and near Citrus Heights. Reported daily traffic is 29,354 vehicles on Garfield Avenue and 57,453 on Greenback Lane. Confirm the rent roll, expense obligations and assumptions supporting the projected yield.