The Ridge is a 382,000 square foot shopping center that features an excellent tenant mix and hosts an affluent demographic with a strong daytime and evening population.
Elk Grove, CA – (June 1, 2022) – The Ridge has become a success story for our tenants and an everyday destination for their customers.
Pappas Investments purchased the 8.77-acre site in Elk Grove, CA. Located at the signalized hard corner of Bruceville Road and Elk Grove Boulevard, the Ridge is immediately north of a population density area experiencing residential growth. This highly visible location has consistently generated strong foot traffic and see’s over 70,000 cars per day along Elk Grove Boulevard. The location also provides convenient access to surrounding communities, with Interstate 5 to the west and Highway 99 to the east.
“The Ridge is the newest shopping center in Elk Grove, and it has quickly developed into the ‘Main and Main’ of the city,” says Kelly Rule, Senior Vice President, Leasing at Pappas Investments.
Other than location, another key to success has been an excellent tenant mix. The shopping center is anchored by Costco and soon to be more major anchor stores. Rounding out an impressive list of dining and retail are Sephora, Olive Garden, Buffalo Wild Wings, Starbucks, AT&T, West Coast Sourdough, Pieology, European Wax, Stanton Optical, Aspen Dental and Nick the Greek.
“Our goal has been to target top tier, credit tenants for this project.” Says Rule. A strategy that has paid off. “When I came on board, we were 23% leased. Today, if we close all the deals within our pipeline for The Ridge, we will be close to 97%.”
Visitors have even more variety to look forward to. Opening soon are In-N-Out, Jollibee, Bank of the West, Fleet Feet and Curry Up Now.
“I would say our biggest success is that most of our tenants are posting excellent sales numbers and some say that their best store is at The Ridge!”
For leasing information and inquiries, please contact Kelly Rule.
About Pappas Investments:
Pappas Investments is a fully integrated real estate company that takes pride investing in local communities. We have been family owned and operated in Sacramento since 1970.