By Mike Hazlip—
After sitting vacant for a quarter-century, a building at 6422 Tupelo Drive, near Stones Gambling Hall, might finally see some activity.
The Sentinel spoke with Amir Razavi of NPR Associates Incorporated, an investor in the building, about future plans for the site. Razavi said escrow closed a few weeks ago, and he is actively looking for new tenants. He says the building is in good shape, with newer equipment on the roof.
A separate building at the site that was a grocery store at one time is now a parking structure for Stones, and Razavi says the lack of foot traffic has hurt surrounding businesses. He hopes bringing new businesses to the site will help the surrounding establishments.
“I think these other stores are kind of suffering,” Razavi said. “I think bringing this anchor store, creating a lot of traffic will help these mom-and-pop stores here. Plus, it would actually help the casino restaurant.”
One potential anchor for the site is Falling Prices, a discount retail store with six locations throughout the greater Sacramento area, along with Folsom and Tracy. Razavi says his company is currently in negotiations with Falling Prices, but has yet to reach a final agreement.
Razavi says the building is divided into separate tenant spaces, one 10,000-square-foot space, and another 20,000-square-foot area. He also hopes to attract a restaurant to occupy the front space with a patio.
Commercial real estate agent John Newton of Newmark told The Sentinel by phone Friday that the building’s former owner, Rite Aid, filed permits with the city more than 20 years ago that were never finalized. Razavi said discovering the unfinished permits during escrow was a surprise. He is now working with the city to finalize the permits and make the site ready for new tenants.
The security panels that have concealed the building for decades could come down as early as next week, according to Razavi.
NPR Associates is a family owned business, according to Razavi, and the company has ties to the Sacramento region.
“I’ve been in living in the Sacramento area for 42 years, I’m familiar with Citrus Heights,” Razavi says. “The City of Citrus Heights has been working with us. We’d like to see this place opened up, and we’re going to make it happen.”
By Mike Hazlip—
After sitting vacant for a quarter-century, a building at 6422 Tupelo Drive, near Stones Gambling Hall, might finally see some activity.
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