Listing Summary
Introducing a stellar investment opportunity in the heart of the retail sector! This off-market gem boasts a stable cash flow and enticing value-add potential, making it a wise choice for seasoned investors.
Full Description
Parkside Plaza: A Rare Off-Market Retail Strip Center with Exceptional Yield
7.00% CAP Rate | 100% Occupancy | Significant Value-Add Potential
RAD Commercial Realty is pleased to introduce a stellar investment opportunity in the heart of a thriving retail corridor. Parkside Plaza is an off-market gem that perfectly balances immediate, stable cash flow with long-term capital appreciation. This 6,696-square-foot, single-story retail strip center is positioned on a generous 0.91-acre lot, offering the physical scale and tenant diversity required for a resilient commercial portfolio.
The Investment Thesis: Stability Meets Upside
Parkside Plaza is a "best-of-both-worlds" asset. While it currently operates at 100% occupancy, providing immediate peace of mind for the incoming owner, it is intentionally positioned for a "Value-Add" execution.
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Below-Market Rents: The property currently generates an annual gross income of $226,800. However, current lease rates are trending well below market standards for the area. This creates a clear and immediate pathway for a savvy investor to increase returns through strategic lease renewals and "mark-to-market" adjustments.
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Triple-Net (NNN) Structure: The leases are structured as NNN, minimizing landlord responsibilities and protecting the investor from rising operational costs—making this an ideal vehicle for passive income seekers.
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Strong Yield Profile: At a 7.00% CAP rate and a price point of $523 per square foot, the property offers a superior risk-adjusted return compared to over-compressed urban core assets.
Site Architecture & Accessibility
A retail center is only as strong as its accessibility, and Parkside Plaza excels in its physical configuration:
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Generous Parking: With 50 dedicated parking spaces, the center boasts a high parking-to-square-footage ratio, ensuring convenience for customers and a competitive edge for tenants.
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Strategic Footprint: The 0.91-acre parcel provides ample room for efficient ingress and egress, supporting a consistent flow of consumer traffic throughout the day.
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Diverse Tenant Mix: The center’s multi-tenant configuration mitigates risk, ensuring that the asset is not dependent on a single industry or operator for its success.
Market Position & Ideal Buyer Profile
Parkside Plaza is an "institutional-quality" boutique asset that fits several strategic investment profiles:
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1031 Exchange Buyers: The 100% occupancy and 20-year remaining term (weighted) provide the stability required for tax-deferred exchanges.
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Private Equity & Family Offices: Looking for a solid foundation with the promise of "future prosperity" through active management.
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Yield-Focused Investors: Seeking a 7.00% cap rate in a sector where high-quality, fully-occupied strip centers are increasingly difficult to source off-market.
Executive Summary
| Metric |
Property Detail |
| Asset Type |
Retail Strip Center / Shopping Center |
| Total Square Footage |
6,696 SF |
| Lot Size |
0.91 Acres |
| CAP Rate |
7.00% |
| Occupancy |
100% |
| Annual Gross Income |
$226,800 |
| Parking |
50 Spaces |
| Investment Strategy |
Value-Add / Passive Income |
Confidential Inquiry & Financing
To access the full offering memorandum and rent roll, please register at www.radcre.com or contact Majid directly at majid@radcre.com or 818-334-2111.
Pro Tip: If you require specialized acquisition financing to close this deal, RAD Capital Group offers a full suite of loan services and financial advisory. Visit www.radcapgroup.com to explore your options.
Quick Glance
- Listing ID:
CL-California-27507
- Status:
Active
- Year Build:
N/A
- Building Size:
6,696 SqFt
- Lot Size:
N/A