facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

10064 Bruceville Road

Updated Oct 22, 2025

Bershon Realty Company LP Acquires The Shops At Laguna Reserve In Elk Grove For $19.18M
SOLDRetail

Bershon Realty Company LP Acquires The Shops At Laguna Reserve In Elk Grove For $19.18M

10064 Bruceville Road

$19,175,000

$575/SF

Building Size

33,308 SF

Asset Type

Retail

Closing

Oct 16, 2025

About this deal

AI

The asset involved in this transaction is a retail center located at 10040-10064 Bruceville Road in Elk Grove, California. The property, known as The Shops at Laguna Reserve, features a total square footage of 33,308 and is fully leased. The sale price for this retail asset was $19,175,000, resulting in a price per square foot of $576.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $19,175,000
  • Address: 10040-10064 Bruceville Road
  • Market: Elk Grove
  • Square Footage: 33,308
  • Price per Square Foot: $576
  • Buyer: Brian George - Bershon Realty Company, LP
  • Buyer's Representatives: Bill Asher & Jeremy McChesney - Hanley Investment Group
  • Seller's Representatives: Adam Rainey, Pat Ronan & Aman Bains - Gallelli Real Estate

Bershon Realty Company LP acquired the fully leased retail center, which is shadow-anchored by Safeway. The transaction was facilitated by the respective brokerage firms led by Bill Asher and Jeremy McChesney from Hanley Investment Group, representing the buyer, while Adam Rainey, Pat Ronan, and Aman Bains from Gallelli Real Estate represented the seller based in Roseville.

On the Map

Open live map

$19,175,000

$575/SF

Retail

View full map

Players

Bill Asher

Hanley Investment Group

Broker

$668.3M

vol

94 deals

Broker
Hanley Investment Group
Hanley Investment Group Brokerage
Bilt advertisement

Elk Grove Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $575 per square foot on a published $19.2M for 33,308 square feet (2025).

Visit Jeremy McChesney to view all their deals.

Browse Elk Grove retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets