Stagecoach Plaza Junior Anchors
Retail | 6.25% CAP | 52,264 SqFt
Marketing description
Southern California Grocery Anchored Center – Anchored by Cardenas Markets (also available for purchase) and Dollar Tree alongside Harbor Freight, and AutoZone, Stagecoach Plaza offers a stable roster of national credit tenants
High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone, providing a stable and reliable income stream for the property
Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates, enhancing tenant stability and competitiveness while providing strong rental growth potential in the future
Deep Discount to Replacement Cost – Priced at just $88 PSF, Stagecoach Plaza will trade significantly below its estimated land-inclusive replacement cost, estimated to exceed $350 PSF
Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway along the primary route between LA/OC and Palm Springs, Stagecoach Plaza meets the needs of the surrounding Banning community and also serves as a convenient commuter stop
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