Jurupa Springs
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Jurupa Springs
2 Retail Properties Offered at £16,299,552 in Jurupa Valley, CA
Investment Highlights
- SoCal Grocery Anchored Center – High Credit Dual Anchored – Below Market Rents
Executive Summary
*Dual Anchored Neighborhood Shopping Center – Few national credit tenant grocery anchored shopping centers come to market in Southern California. Anchored by an established Walmart Neighborhood Market and Dollar Tree, with a synergistic mix of national, regional, and local tenants including Little Caesars Pizza, Yum Yum Donuts, La Michoacana Premium, Cricket Wireless, and others, Jurupa Springs is a rare and compelling retail center investment opportunity
*Dominant, High Credit Anchor Tenancy – Anchored by two dominant retailers representing 68% of the leased GLA with corporate leases
» Founded in 1962, Walmart, (NYSE: WMT) is the world’s largest retailer with a market capitalization of $646+ billion, revenue of $648+ billion, over 10,500 stores in 19 countries, 2.1+ million employees, and an S&P investment grade credit rating of AA
»Founded in 1953, Dollar Tree, (NASDAQ: DLTR) is the dominant discount retailer with a market capitalization of $14+ billion, revenue of $30+ billion, over 16,000 stores in all 48 contiguous US states and 5 Canadian provinces, 200,000 employees, and an S&P investment grade credit rating of BBB
*Significant Brand Name Tenancy – 73% of the leased GLA is leased to credit and brand name national and regional operators including Walmart, Dollar Tree, Little Caesars, Cricket Wireless, and Yum Yum Donuts
*Low In-Place Rents – Property wide, rents are ±23% below current market rates, enhancing tenant stability and competitiveness, and providing strong rental growth
*Hard Corner, Signalized Intersection – Positioned on Limonite Avenue (25,500+ CPD) at Collins Street along Van Buren Boulevard (48,400+ CPD) – located across Van Buren from Metrolink’s Jurupa Valley/Pedley station
*Attractive, Better-Than-Market Existing Financing – Contact CBRE team for details
*Dominant, High Credit Anchor Tenancy – Anchored by two dominant retailers representing 68% of the leased GLA with corporate leases
» Founded in 1962, Walmart, (NYSE: WMT) is the world’s largest retailer with a market capitalization of $646+ billion, revenue of $648+ billion, over 10,500 stores in 19 countries, 2.1+ million employees, and an S&P investment grade credit rating of AA
»Founded in 1953, Dollar Tree, (NASDAQ: DLTR) is the dominant discount retailer with a market capitalization of $14+ billion, revenue of $30+ billion, over 16,000 stores in all 48 contiguous US states and 5 Canadian provinces, 200,000 employees, and an S&P investment grade credit rating of BBB
*Significant Brand Name Tenancy – 73% of the leased GLA is leased to credit and brand name national and regional operators including Walmart, Dollar Tree, Little Caesars, Cricket Wireless, and Yum Yum Donuts
*Low In-Place Rents – Property wide, rents are ±23% below current market rates, enhancing tenant stability and competitiveness, and providing strong rental growth
*Hard Corner, Signalized Intersection – Positioned on Limonite Avenue (25,500+ CPD) at Collins Street along Van Buren Boulevard (48,400+ CPD) – located across Van Buren from Metrolink’s Jurupa Valley/Pedley station
*Attractive, Better-Than-Market Existing Financing – Contact CBRE team for details
Property Facts
Price | £16,299,552 | Number of Properties | 2 |
Price / SF | £206.78 / SF | Individually For Sale | 0 |
Net Initial Yield | 6.50% | Total Building Size | 78,825 SF |
Sale Type | Investment | Total Land Area | 7.02 AC |
Status | Active |
Price | £16,299,552 |
Price / SF | £206.78 / SF |
Net Initial Yield | 6.50% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 78,825 SF |
Total Land Area | 7.02 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
8830-8900 Limonite Ave, Jurupa Valley, CA 92509 | Retail | 72,418 SF | 1980 | - |
8910-8920 Limonite Ave, Jurupa Valley, CA 92509 | Retail | 6,407 SF | 2008 | - |
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