EN

Translate:

Shopping Mall & Anchored Plaza For Sale

FOOTHILL VILLAGE PLAZA 6.00% CAP | 87,650 SF | Rancho Cucamonga, CA

image229

Asking Price $23,609,000

Property Type Retail Tenancy Multi 

Square Footage 87,650 Price/Sq Ft $269.36 Cap Rate 6.00%

Occupancy 100% NOI $1,416,521

Year Built 1990 Permitted Zoning CC - Community Commercial

Lot Size (acres) 8.2  APN0208-261-58-0000

THE SHOPS AT GREEN VALLEY RANCH 6.05% CAP | 19,840 SF | Denver, CO

image230

Asking Price $9,650,000

Property Type Retail Sub Type Strip Center Class A Tenancy Multi

Square Footage 19,840 

Net Rentable (sq ft)19,840 Price/Sq Ft$ 486.39 

Cap Rate 6.05%  Occupancy 92.4%

Units 11 Year Built 2017 Buildings 2 Stories 1

LA-Z-BOY Retail Center 7.00% CAP | 23,200 SF | TAYLOR, MI

image231

Asking Price:$7,652,942 

Property Type Retail Lease Type NN

Tenancy Multi Lease Term15 years

Square Footage 23,200 Price/Sq Ft $329.87

Cap Rate 7.00% Occupancy 100% NOI $535,706

Year Built 2017 Lot Size (acres) 2.09

Outlets at The Border 5.43% CAP | 134,950 SF | SAN DIEGO, CA

image232

Property Type Retail Investment Type Value Add Lease Type NNN

Tenancy Multi Square Footage 134,950 Price/Sq Ft $444.61

Cap Rate 5.43% Pro-Forma Cap Rate10.38% Occupancy 92%

NOI $3,257,906 Pro-Forma NOI $6,225,446

Year Built 2014 Buildings 6 Permitted Zoning C –Shopping Center

Lot Size (acres) 9.03 APN 666-400-04-00, 666-400-20-00

Wichita Square: 100% Occupied w/ Big Box National Credit Tenants 7.00% CAP | 71,658 SF | WICHITA FALLS, TX

image233

Asking Price:$9,723,000 

Property Type Retail Investment Type Owner/User

Lease Type NNN Tenancy Multi

Number of Tenants 4

Lease Expiration 05/31/2033 Remaining Term 15.3 years

Square Footage 71,658 Price/Sq Ft $135.69

Cap Rate 7.00% Occupancy 100% NOI $680,531

Year Built 1984 Lot Size (acres) 9.13

Albertsons - Silver City, NM 6.85% CAP | 39,385 SF | SILVER CITY, NM

image234

Asking Price:$8,190,000 

Property Type Retail

Investment Type Net Lease

Lease Type Absolute NNN Tenancy Single

Lease Expiration 10/31/2030

Remaining Term 12.7 years

Square Footage 39,385 Price/Sq Ft $207.95

Cap Rate 6.85%  NOI $560,997

Year Built 1982

WILMINGTON PLAZA - KETTERING (DAYTON MSA), OHIO

image235

$3,500,000
9.70% Cap Rate; 15.68% Cash-on-Cash Return 

INVESTMENT HIGHLIGHTS

Coachella Plaza COACHELLA, CA

image236

$14,400,000

CAP: 6.75 % TYPE: Anchored SF: 84,820

Learn More

Edgewood Shopping Center LINCOLN, NE

image237

$19,500,000

CAP: 7.54 % TYPE: Anchored SF: 174,286

Edgewood Shopping Center OM    Learn More

Rancho Viejo Shopping Center 7.00% CAP | California Grocery-Anchored Center| Visalia, CA

image238

Asking Price:$11,850,000

Property Type Retail Investment Type Stabilized Tenancy Multi

Square Footage 72,347 Price/Sq Ft $163.79

Cap Rate 7.00% Occupancy 96% NOI$829,437

Year Built 1998 Buildings 4 Stories 1 Permitted ZoningC-N – Commercial Zone

Parking (spaces) 525 APN119-650-004, 119-650-005, 119-650-006

Ownership Fee Simple

Bear Creek Crossings 8.50% CAP | 45,857 SF | Petoskey, MI

image239

Asking Price:$8,392,000 

Property Type Retail Tenancy Multi Number of Tenants 12

Square Footage 45,857 Price/Sq Ft$183

Cap Rate 8.50% Occupancy 85% NOI $713,298

Year Built 2007-2009 Buildings 3

Permitted Zoning Commercial

Lot Size (acres) 7.38 Parking (spaces) 475

APN01-19-18-100-050

Ownership Fee Simple

Medford Plaza - Value Add Grocery Anchored Shopping Center

image240

Asking Price:$4,000,000 

Property Type Retail Investment Type Value Add

Lease Type NNN Tenant Credit Corporate Guarantee

Tenancy Multi Number of Tenants 6

Square Footage 56,605 Price/Sq Ft $70.67

Cap Rate 9.48% Occupancy 41% NOI $379,061

Year Built 1988 Lot Size (acres) 16.75

Lease Options(1) 2-year Sub-Option / (9) 5-year Options

Ownership Fee Simple

Walmart @ Teterboro Landing TETERBORO, NJ

image241

$39,675,000

CAP: 4.50 %

TYPE: Anchored SF: 159,542

Learn More-OM

Wilmington Plaza KETTERING, OH

image242

$3,500,000

CAP: 9.70 % TYPE: Anchored SF: 117,885

 In Association with CORE Ohio Realty Advisors 

Learn More

Brownsburg Shopping Center

image243

BROWNSBURG, IN

$4,935,000

CAP: 8.25 % TYPE: Anchored SF: 41,465

 In Association with CBRE  

Learn More

Brywood Centre KANSAS CITY, MO

image244

Submit Offer

CAP: N/A TYPE: Anchored

SF: 183,159 STATUS: Available 


Promenade On The Peninsula ROLLING HILLS ESTATES (PALOS VERDES), CA

image245

Best Offer

CAP: N/A TYPE: Anchored SF: 371,125

Access to this information is restricted to confirmed investors only.  

Southwest Commons LITTLETON (DENVER), CO

image246

$56,000,000

CAP: 6.50 % TYPE: Anchored SF: 307,227


Learn More

Plaza For Sale

Portfolio of 8 Properties For Sale Palmdale, CA 93550 · 74,054 SF Total · Retail Properties

image247

Price$6,750,000

Number of Properties 8 Price / SF $91.15 / SF

Individually For Sale  Cap Rate5.76% Total Land Area 7.29 AC   OM

Total Building Size74,054 SFSale Type: Investment

NEWPORT CROSSING : MENIFEE, CALIFORNIA

image250

 INVESTMENT HIGHLIGHTS

  • Offered at $6,175,000 a 6.50% Cap Rate
  • National/Regional Tenants: Includes Army Recruiting, Great Clips, & UPS Store.
  • Retail Synergy from Adjacent National Tenants within the Center:Including Jack in the Box/Chevron, IHOP, Verizon, and Submarina.
  • 2006 Construction; Minimal Deferred Maintenance
  • Long-Term Historical Occupancy: UPS Store, Red Persimmon, and Great Clips have been located at the center since it was built in 2006.
  • Recent Lease Renewals/Minimal Lease Rollover: 100% of the tenants have signed a new lease or extended their leases since 2014. Due to these long-term commitments, none of the tenants’ leases expire until at least 2020.
  • Primary Retail Thoroughfare: Newport Road is the largest east/west thoroughfare in the Temecula Valley.
  • Convenient Access to I-15 and I-215 Freeways
  • Menifee is 2nd Fastest Growing City in Southwest Riverside County: 225% population growth between 2000-2016 within 5-miles of the property.

ULTA & Party City @ Vintner Square RICHLAND, WA

image251

$7,542,000

CAP: 6.00 % TYPE: Multi-Tenant SF: 22,500

RC Plaza RANCHO CUCAMONGA, CA

image252

$10,040,000

CAP: 6.50 % TYPE: Multi-Tenant SF: 37,239

Parc Place at Short Pump 82,968 SF | RICHMOND, VA

image253

Asking Price: Unpriced 

Property Type Retail Lease Type Net

Tenancy Multi Square Footage 82,968 Units 16

Year Built 2005 Permitted Zoning B-3, Business District APN 739-763-1874

Regency Plaza South - Value-Add Neighborhood Retail Center 7.47% CAP | 28,281 SF | Las Vegas, NV

image254

Asking Price: $4,533,333 

Property Type Retail Investment Type Value Add Lease Type NNN

Square Footage 28,281 Net Rentable (sq ft) 28,281

Price/Sq Ft$160.30 Buildings 1 Stories 1

Cap Rate7.47% Occupancy100% NOI $338,578

Units 8 Year Built 1999 Years Renovated 2013, 2014, 2017

Permitted Zoning Commercial

Lot Size (acres) 2.83 Parking (spaces) 309

Midway Marketplace 324,320 SF | Saint Paul, MN

image255

Midway Marketplace - a 324,320 SF grocery anchored community center located at 1450 University Avenue West in St. Paul, Minnesota.

Property Type Retail

Tenancy Multi

Square Footage 324,320

Occupancy 100%

NOI $2,644,594 Year Built 1994

Permitted ZoningT4 (Traditional Neighborhood) by the City of Saint Paul.

Lot Size (acres) 20.28 Parking (spaces) 1,148

TOWNE CENTER 6.80% CAP | 140,644 SF | Phoenix, AZ $32,200,000

image256

Property Type: Retail

Square Footage 140,644 Price/Sq Ft $228.95

Cap Rate 6.80% Occupancy 91.6% NOI $2,189,661

Year Built 2003  Lot Size (acres) 14.16

GLENDALE NORTHWEST CENTER 6.25% CAP | 16,706 SF | Glendale, AZ $5,950,000

image257

Property Type Retail Tenancy Multi

Square Footage 16,706 Price/Sq Ft $356.16

Cap Rate 6.25% Occupancy 89.2% NOI $371,717

Year Built 2005 Permitted Zoning PAD

Lot Size (acres) 2.54 Parking (spaces) 129

CACTUS CROSSINGS 7.76% CAP | 91,563 SF | Glendale, AZ $8,500,000

image258

Property Type Retail

Square Footage 91,563 Price/Sq Ft $92.83

Cap Rate 7.76% Pro-Forma Cap Rate 7.76%

Occupancy 93.5% NOI $659,650

Pro-Forma NOI $659,650 Year Built 1987

Lot Size (acres) 7.61 APN200-76-983

Fox Plaza Shopping Center 180,027 SF | EL PASO, TX

image259

Asking Price: $22,225,000 

Property Type Retail Lease Type NNN Square Footage 180,027 Price/Sq Ft $123.45 Units 100 Year Built 1962

Monroe Center 9.31% CAP | 143,450 SF | MONROE, MI

image260

Property Type Retail

Investment Type Stabilized Lease Type NNN

Tenancy Multi Number of Tenants 4 Square Footage 143,450 Price/Sq Ft $60.65

Cap Rate 9.31% Occupancy 100% NOI $791,530

Year Built 1992 Years Renovated 2010, 2011

Stories 1 Lot Size (acres) 15.2

Lake Pleasent Shopping Center 6.73% CAP | 35,132 SF | PEORIA, AZ

image261

Asking Price: $14,472,000 

Property Type Retail Lease Type NNN Tenancy Multi

Square Footage 35,132 Price/Sq Ft $411.93 Cap Rate 6.73% NOI $974,041 

Year Built 2016 & 2017 Buildings

Permitted Zoning PAD - Planned Area Development

Lot Size (acres) 4.55 Parking (spaces) 3,106 Ownership Fee Simple

NNN - SPORTSMAN'S WAREHOUSE 10145 W McDowell Rd, Avondale, AZ 85392

image262

Price $7,400,000 

Rentable Sq. Ft. 30,617 NOI $431,508 Occupancy 100% Year Built 2016

PROPERTY INFORMATION HIGHLIGHTS

  • 9-year NNN lease with no Landlord responsibilities
  • Building completed September, 2016 by and for Sportsman's Warehouse
  • 7% rental increases every 60 months in the base term of the lease
  • Corporately guaranteed by Sportsman’s Warehouse Corp.
  • Four, 5-year options to renew the lease with increases
  • Learn More-OM

Prosperity Park 18,915 SF | CHARLOTTE, NC

image263

Asking Price: $3,200,000

Investment Highlights

 Details Property Type RetailS quare Footage 18,915 Occupancy 65% Year Built 2006 Buildings 1 Stories 2 Lot Size (acres)1.68 

  • Two Story Retail Building | 18,915 Square Feet | 2006 Construction
  • 65-Percent Leased | Value-Add Opportunity | Pizza Hut, Anytime Fitness, Dance Fever
  • Located at Signalized Intersection | 20,000 Vehicles Per Day on Benfield Road (2016)
  • Nearby Traffic Generators: Publix, Aldi, Rite Aid, Harris Teeter, Cabarrus Family Medicine, and Multiple Multi-Family and Single-Family Communities
  • Five Mile Population of Nearly 130,000 People with Double Digit Population Growth
  • Nearly $75,000 Avg Household Incomes within Five Miles

Price $1,500,000 Down Payment All Cash

image264

Investment Highlights

  • 8,800 Square Foot Retail Strip | 100-Percent Occupied
  • 2007 Construction | Adjacent to Food Lion and CVS
  • Six (6) Tenants including Regis Corp (10,000 Locations, NYSE: RGS), M&M Tax (35 Locations), Ultra Tan (80 Locations), and More
  • Adjacent to Wofford College (1,683 Students) and Spartanburg Medical Center (540-Bed Hospital)
  • Additional Local Economic Drivers Include: BMW North America and Michelin North America
  • Located in Spartanburg | Part of the Greenville – Spartanburg – Anderson CSA
  • 89,299 People Located within a Five Mile Radius
  • Average Household Income of Over $51,000 within a Five Mile Radius

TWO TENANT ANCHOR INVESTMENT 63,000 SF | Phoenix, AZ

image265

Property Type Retail

Tenancy Multi Number of Tenants 2 Square Footage 63,000 Price/Sq Ft $197.27

Pro-Forma Cap Rate 7.04% Occupancy 100% Pro-Forma NOI $874,350 Year Built 1990 Year Renovated 2017

Permitted Zoning C-2 Lot Size (acres) 5.58 APN301-59-458 

CROSSROADS SHOPPING CENTER 7.45% CAP | 83,295 SF | Clovis, CA

image266

Asking Price: $9,100,000  Property Type Retail Tenancy Multi

Square Footage 83,295 Price/Sq Ft $109.25

Cap Rate 7.45% Occupancy 88.4% NOI $678,037

Permitted Zoning Clovis C2 Lot Size (acres) 8.82

Parking (per 1,000 sq ft) 4.72 APN 497-280-36

The Promenade At Brea Mall 40,008 SF | Brea, CA

image267

Property Type Retail Investment Type Value Add

Lease Type NNN Tenancy Multi

Square Footage 40,008 Price/Sq Ft $174.97

Pro-Forma Cap Rate 8.23% Occupancy 72%

Pro-Forma NOI $576,373 Year Built 1991 Stories 3

Permitted Zoning C-C Major Shopping Center

Lot Size (acres) 0.64 Parking (spaces) 160

Costco of Oceanside NY 4.65% CAP | 150,000 SF | OCEANSIDE, NY

image268

Asking Price:$25,800,000 

Property Type Retail Lease Type NNN Tenancy Single Lease Term 25 years

Rent Commencement 12/01/2016 Lease Expiration 12/01/2041 Remaining Term 23.8 years

Square Footage 150,000 Price/Sq Ft $172 Cap Rate 4.65% NOI $1,200,000 Units 1 Year Built 2017 Lot Size (acres) 12.97 Ground Lease Yes

International Plaza 51,226 SF | ORLANDO, FL

image269

Asking Price: $11,000,000 

Property Type Retail Investment TypeValue Add

Investment Sub TypeRedevelopment Class B Lease Type NNN

Tenant Credit Franchisee Tenancy Multi Number of Tenants3

Square Footage 51,226 Net Rentable (sq ft) 51,226

Price/Sq Ft $214.73 Pro-Forma Cap Rate 7.50%

Occupancy 85% Pro-Forma NOI $715,185

Units 4 Buildings 2 Stories 2 Year Built 1994 Permitted Zoning C-2

Lot Size (acres) 3.69 Parking (per 1,000 sq ft) 3.75

Rent Bumps Yes Ownership Fee Simple 

International Drive Portfolio ORLANDO, FL

image270

Asking Price:$11,500,000 

Occupancy 75%

Units 4

Year Built 1978

Year Renovated 2016

Buildings 3 Permitted Zoning C-2

Lot Size (acres) 3.26

Parking (per 1,000 sq ft) 6.24

Rent Bumps Yes

OwnershipFee Simple

Crossroads Shopping Center 7.45% CAP | 83,295 SF | CLOVIS, CA

image271

Asking Price:$9,100,000 

Property Type Retail Tenancy Multi

Square Footage 83,295 Price/Sq Ft $109.25

Cap Rate 7.45% Occupancy 88.4% NOI $678,037

Permitted Zoning Clovis C2

Lot Size (acres) 8.82 Parking (per 1,000 sq ft) 4.72

APN 497-280-36

Sunnyside Shopping Center 6.76% CAP | 62,263 SF | FRESNO, CA

image272

Asking Price:$9,200,000 

Property Type Retail Tenancy Multi

Square Footage 62,263 Price/Sq Ft $147.76

Cap Rate 6.76% Occupancy 97.6% NOI $621,679

Year Built 1979 Lot Size (acres) 6.3

Permitted Zoning Fresno C2

Parking (per 1,000 sq ft) 5.69

3500 Wilson Road 145,325 SF | BAKERSFIELD, CA

image273

Asking Price:$7,000,000 

Property Type Retail, Office, Development Site

Tenancy Multi Pro-Forma NOI $851,258

Square Footage 145,325 Price/Sq Ft $48.17

Pro-Forma Cap Rate 12.16% Occupancy 7.4%

Permitted Zoning Bakersfield C2 - Regional Commercial Lot Size (acres) 12.51

FOOTHILL VILLAGE PLAZA 6.00% CAP | 87,650 SF | Rancho Cucamonga, CA

image274

Asking Price$23,609,000  

Property Type Retail Tenancy Multi

Square Footage 87,650 Price/Sq Ft $269.36

Cap Rate 6.00% Occupancy100% NOI $1,416,521

Year Built 1990

Permitted Zoning CC - Community Commercial

Lot Size (acres) 8.2

THE SHOPS AT GREEN VALLEY RANCH 6.05% CAP | 19,840 SF | Denver, CO

image275

Asking Price:$9,700,000 

Property Type Retail Sub Type Strip Center

Class A Tenancy Multi

Square Footage 19,840 Net Rentable (sq ft) 19,840

Price/Sq Ft $488.91 Cap Rate 6.02%

Occupancy 92.4% Year Built 2017

Units11 Buildings 2 Stories 1

Dairy Queen Portfolio 7.00% CAP | 25,040 SF | LOUISIANA & TEXAS

image276

Asking Price:$5,169,310 

Property Type Retail Lease Type NNN

Tenant Credit Franchisee Tenancy Single Lease Term 15 years Ownership Fee Simple

Lease Expiration 12/31/2032 Remaining 14.8 years

Square Footage 25,040 Price/Sq Ft $206.44

Buildings 10  Cap Rate7.00% NOI $361,852

Lot Size (acres)7.416 Lease Options (4) Five-Year

LAKE CITY PLAZA 6.85% CAP | 12,408 SF | Warsaw, IN $5,170,000

image277

Asking Price: $5,170,000 

Property Type Retail Tenancy Multi Square Footage 12,408 Price/Sq Ft $416.67

Cap Rate 6.85% Occupancy 100% NOI $354,179 Year Built 2018 Lot Size (acres) 2.5 Parking (spaces) 145 Ownership Fee Simple

BADGER PLAZA 7.85% CAP | 148,001 SF | Racine, WI $8,530,000

image278

Property Type Retail

Tenancy Multi

Square Footage 148,001 Price/Sq Ft $57.63

Cap Rate 7.85% Occupancy 90% NOI $669,729

Year Built 1962

Year Renovated 2013

Lot Size (acres) 13.57

Ownership Fee Simple

ASHLEY FURNITURE HOMESTORE 7.00% CAP | 30,000 SF | Green Brook, NJ

image279

Property Type Retail

Lease Type NNN Tenancy Single

Lease Term 15 years Lease 01/10/2018-01/31/2033

Remaining Term 14.9 years

Square Footage 30,000 Price/Sq Ft $285.71

Cap Rate 7.00% Year Built 2014 Lot Size (acres) 2.16

Rent Bumps 3% Annual Lease Options 2 5-Year Options

Ownership Fee Simple

L.A Fitness For Sale

LA Fitness | Gresham (Portland), OR LA FITNESS | GRESHAM (PORTLAND), OR

image280

Asking Price:$12,540,000 

Property Type Retail Investment Type Net Lease Investment Sub Type Fitness Retail Class A

Net Rentable (sq ft) 45,000 Occupancy 100% Buildings 1 Stories 1 Lot Size (acres) 3.19 Rent Bumps Yes Ownership Fee Simple

LA Fitness 7.2% CAP | LONG-TERM LEASED LA FITNESS | HILLIARD, OH (COLUMBUS MSA)

image281

Asking Price:$18,238,000 

Property Type Retail Lease Type Net Tenancy Single

Lease Expiration 04/30/2027 Remaining Term 9.2 years

Square Footage 54,261 Price/Sq Ft $336.12

Cap Rate 7.20% NOI $1,313,116 Year Built 2007 Lot Size (acres) 3.41

APN 560-280577-00 Lease Options 2 x 10-year options

Ownership Fee simple

LA Fitness 6.85% CAP | 45,000 SF | HOUSTON, TX

image282

Asking Price: $12,358,500 

Property Type Retail Lease Type NNN

Tenant Credit Corporate Guarantee Tenancy Single

Lease Term 15 years Lease Commencement 02/28/2009

Lease Expiration 02/29/2024 Remaining Term 6 years

Square Footage 45,000 Price/Sq Ft $274.63

Cap Rate 6.85% NOI $846,563

Year Built 2008 Lot Size (acres) 4.86

Our Courtesy of Listing Partners

image283

image284

image285

image286

image287

image288

Our Department & Shopping Mall Partners