City Center Shopping Center
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City Center Shopping Center
4 Retail Properties Offered at £13,992,771 in Seaside, CA
INVESTMENT HIGHLIGHTS
- Prime NNN Leased Investment Opportunity.
- Strong tenants anchored by grocery outlet.
- Signalized intersection.
- 4 Buildings in the City Center Shopping Center Seaside, CA.
- 191 Shared Spaces
EXECUTIVE SUMMARY
City Center Shopping Center Prime NNN Leased Investment Opportunity. 4 Buildings in Seaside, CA. City Center Shopping Center was developed by the Orosco Group, a prominent Regional Retail Developer in conjunction with the former Seaside Redevelopment Agency, with the goal of developing a top tier Retail Center, serving the Monterey Peninsula and Regional Retail Trade Area. The Center’s quality architecture and construction, makes it a highly desirable venue for Tenants and Customers alike. Strong barriers to entry here in the market, - unavailability of land, and a water moratorium, preventing any new ground up Retail Centers, assures the Center’s intrinsic value.
PROPERTY FACTS
| Price | £13,992,771 | Number of Properties | 4 |
| Price / SF | £375.67 / SF | Individually For Sale | 3 |
| Net Initial Yield | 6% | Total Building Size | 37,248 SF |
| Sale Type | Investment NNN | Total Land Area | 3.76 AC |
| Status | Active |
| Price | £13,992,771 |
| Price / SF | £375.67 / SF |
| Net Initial Yield | 6% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 3 |
| Total Building Size | 37,248 SF |
| Total Land Area | 3.76 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Grocery Outlet
1523 Fremont Blvd, Seaside, CA 93955 |
Retail | 16,000 SF | 2013 | - |
| 880 Broadway Ave, Seaside, CA 93955 | Retail | 7,591 SF | 2006 | £2,851,400 |
| 800 Broadway Ave, Seaside, CA 93955 | Retail | 5,235 SF | 2006 | £2,730,687 |
| 1553 Fremont Blvd, Seaside, CA 93955 | Retail | 8,422 SF | 2006 | £3,594,268 |
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City Center Shopping Center
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