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May 27, 2024
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Property availability/details may have changed since RENTV posting date.

LA MESA, CA: New Rally's with Drive-Thru
20-Year NNN lease to established Rally’s franchisee - brand new 2021 construction. Asking $3.111 mil.

INDIO, CA: Freestanding Rite Aid w/Drive-Thru
17.3k sf property has excellent visibility along Hwy 111. Long-term NNN corporate lease. $8.21 mil.

WEST LOS ANGELES, CA: Mixed-Use Development Opportunity
Mixed-Use Development Opportunity. ±188,000 F.A.R. Square Feet. Utilizing TOC TIER 3 Benefits. Unlimited Height by Right. Excellent Westside Los Angeles Location at SEC of Wilshire Blvd. and Barrington Ave. Offers due July 1.

MONDAY MIX: Current Offerings from CBRE's National Retail Partners - West Team
Five current CA retail listings.

Brand New Absolute NNN 15-Year Lease to ARCO Franchisee
Rare 3% Annual Rental Escalations During Lease Term. Asking $6.1 mil.

MENLO PARK, CA: Downtown Multi-Tenant Retail Bldng
4.6k sf building -- Santa Cruz Avenue Location - the premier retail corridor in Menlo Park. Ease of Management - Absolute NNN leased investment, no landlord responsibilities. $6.9 mil.

MERCED, CA: Panda Express at Merced Marketplace
Corporate Guaranteed NNN Investment – 100% NNN leased to Panda Express, the largest Asian-dining concept in the US. Family-owned since 1983, the company currently operates over 2,200 locations. Significantly Below Market Rent – Panda Express is only paying $2.22 PSF/month in rent, estimated to be approximately 32% below market, increasing the probability of long-term occupancy and also providing strong intrinsic real estate fundamentals and an upside opportunity in the future at lease expiration. $1.925 mil.

MERCED, CA: Jamba Juice and Roundtable Pizza
National Brand NNN Investment – 100% NNN leased to two food and beverage tenants, Jamba Juice and Round Table Pizza, that are resistance to internet competition. Long-Term Tenancy – Jamba Juice and Round Table Pizza are both original tenants at the shopping center, and have been operating for +17 years and Round Table has over 9 years remaining on its lease term. $2.766 mil.

MERCED, CA: Applebee's at Merced Marketplace
Established Applebee’s Location – The property has operated as an Applebee’s since 2004 with strong sales and a low rent-to-sales ratio, proving the viability of this location. Low Rent Ground Lease Fundamentals – Applebee’s is only paying $99,348 annually in ground rent ($1.59 PSF/MO based on the 5,200 SF building) – increasing the probability of long term occupancy and also providing strong intrinsic real estate fundamentals and an upside opportunity in the future at lease expiration. $1.819 mil.

OXNARD, CA: Marketplace at Oxnard Retail Center
High-Quality Center – Marketplace at Oxnard is a +201,638 SF community center, shadow anchored by a Costco and anchored by a first-tier line up on name brand tenants: Marshalls, 99 Cents Only, Restoration Hardware, Olive Garden, Teppan Steak House, David’s Bridal and others. Offered at $32.599 mil.

HUTTO, TX: Hanson's Corner Retail Center in Austin MSA
Fully Leased to Internet-Resistant Tenant Mix with Long-Term Leases . $9.364 mil.

MERCED, CA: Big 5 Sporting Goods and Work World
Two National NNN Tenants – 100% leased to two national tenants on corporate leases. Long-Term Leases – Work World is a brand-new 10-year lease and Big 5 is on long term 11-year lease (3 years remaining), both tenants with multiple 5-year options to extend. $3.48 mil.

MERCED, CA: 7.7k sf Del Taco & Shops
Del Taco & Shops presents an opportunity to acquire two high quality street front pad buildings anchored by Lowe’s – a single-tenant NNN ground lease Del Taco and a 5,500 SF multi-tenant pad 100% NNN leased to 3 tenants. $3.561 mil.

HESPERIA, CA: 6.6k sf Office Building
Built in 1986, building sits on .47 acres zoned C2. Fully leased with 10-year term and two 5-year options. $2.037 mil.

MERCED, CA: Dollar Tree and Ashley Homestore
Two National NNN Tenants – 100% leased to two national tenants on corporate leases. Long-Term Leases – Dollar Tree and Ashley HomeStore are both on new leases with 10 years of term and multiple 5-year options to extend. $4.317 mil.

WEST COVINA, CA: Chick-fil-A
Brand New Construction Chick-fil-A with Double Drive-Thru – 2019 Construction in High Barriers to Entry San Gabriel Valley (West Covina) Submarket with Desirable Double Drive-Thru. 20-Year Absolute NNN Ground Lease – Corporate Guarantee from Chick-fil-A with a Little Under 20 Years Remaining on Lease. Tenant is Responsible for All Expenses: There are No Landlord Responsibilities. Listed at $9.845 mil.

WHITTIER, CA: 34,642 sf Single-Tenant Retail Bldng
Southern California Repositioning Opportunity – Rare opportunity to acquire a ±34,642 SF single tenant retail building formerly occupied by Cardenas Market, who vacated the premises but is committed to paying rent for the next 14 years. $15 mil asking price.

MORENO VALLEY, CA: 14k sf Verizon & Shops
Quality Retail Strip Center – Verizon & Shops is an approximately 14,006 SF “best of class” quality retail center that is 100% leased to 8 retail, service and restaurant tenants including, Supercuts, See’s Candies, Massage Envy, Verizon Wireless, UPS Store, China One Restaurant and HearUSA. Out-Parcel to Stoneridge Towne Centre – Verizon & Shops is an out-parcel retail pad in the Stoneridge Towne Centre, 434.5k sf Super Target and Kohl’s-anchored community center. Listed at $5.429 mil.

LAS VEGAS, NV: 71.4k sf Corporate Office Building
Marnell Corporate Center Bldng 3 is 100% leased to 13 national and multi-national tenants within a Class A, master-planned business campus. Asking $25.5 mil.

HUNTINGTON BEACH, CA: G & M Oil Gas Station Property
Long Term Lease – Long-term lease with G&M Oil. G&M is on a 40-year lease (4 years remaining, plus one, 5-year option to extend with CPI increases every two years. Excellent Regional Credit STNL – 100% leased to operator G&M Oil on a long-term corporate lease. Listed at $2.667 mil.

HUNTINGTON BEACH, CA: 10.2k sf Goldenwest Shopping Center
Established, Infill Orange County Strip Center – Goldenwest Shopping Center is a ±10,210 SF retail strip center that is 100% leased to a complementary “daily needs” mix of essential service, medical and retail services. Offered at $4.632 mil.

CARSON, CA: 4,962 sf Chick-Fil-A
Chick-fil-A was one of the few restaurant chains with positive growth in 2020 vs. 2019. This listings offered at $11.658 mil.

HUNTINGTON BEACH, CA: 21.4k sf Promenade Shopping Center
Income Stream Diversity – Promenade Shopping Center is a classic, ±21,398 SF retail shopping center—no tenant accounts for more than 20% of the shopping center’s GLA. Also, Below Market Tenancy – Property-wide rents at Promenade Shopping Center are on average 41% below prevailing rates, further enhancing intrinsic value and tenant security. Offered at $7.54 mil.

LONG BEACH, CA: 19,064 sf Vons
100% leased to national credit grocery tenant, Vons (NYSE: ACI), a wholly-owned subsidiary of Albertsons. Listed at $16.018 mil.

KNOXVILLE, TN: Kingston Corners
Fully leased to medical, dental, veterinary and retail users less affected by the pandemic. Majority of leases feature 10-year term. Listed at $8.941 mil.



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