3251-3333 W Ramsey st - Supermarket FOR SALE


Banning, CA 92220
$6,078,000 USD
760-610-3147
3251-3333 W Ramsey st, Banning, CA for Sale
$6,078,000 USD
Supermarket - FOR SALE
1/5
null | 8.46% Cap Rate

3251-3333 W Ramsey st
Banning, CA 92220


HIGHLIGHTS

  • Southern California Grocery Anchored Center
  • Additional 2.8 Acres of Developable Land
  • Below-Market In-Place Rents – Current rents across the shop component are below prevailing market levels
  • Favorable Site Coverage & Parking – Traditional grocery center layout with strong parking ratios
  • Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway

OVERVIEW

* Southern California Grocery Anchored Center - The subject property anchored by Cardenas Markets, alonside Dollar Tree (NAP), Harbor Freight (NAP) and AutoZone (NAP), represents a rare opportunity to acquire a highly functional grocery-anchored retail asset with adjacent shop space in a supply-constrained Inland Empire trade area. * Additional 2.8 Acres of Developable Land – Three separate parcels, located immediately adjacent and in front of Cardenas Market, available for immediate ground lease or build to suit. * Below-Market In-Place Rents – Current rents across the shop component are below prevailing market levels, providing meaningful mark-to-market upside through lease roll, renewals, and re-tenanting. * Favorable Site Coverage & Parking – Traditional grocery center layout with strong parking ratios, efficient ingress/egress, and a front-loaded parking field that supports high peak-hour demand. * 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

FOR SALE DETAILS

PRICE

$6,078,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

8.46%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cardenas & Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

GC-General Commercial

APN/PARCEL ID

537-090-057,537-090-064,537-090-065,537-090-066,537-090-068

ASK ABOUT THIS PROPERTY

760-610-3147

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760-610-3147

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