Sherwood Gardens Shopping Center

Location: Salinas, CA
Type: Retail
Price: $ 13,400,000

SMC provided a $13,400,000 first mortgage to refinance the existing debt secured by Sherwood Gardens Shopping Center located on North Main Street in Salinas, CA. The 169,968 SF retail center is 88% leased to 58 tenants and anchored by a 20,608 SF Ross Stores and a 17,534 SF Santa Fe Foods. Notable tenants include Dollar General, Subway, Rent-A-Center, Sleep Fit, and Clear Channel.