Long-Term Tenancy - All tenants have occupied the center since pre-pandemic, and 70.4% of the GLA is occupied by tenants who have been here for over 15 years.
Prime Retail Corridor - Located in an Albertsons-anchored center at Valley View St (74,690 VPD) & Lincoln Ave (33,843 VPD), with strong national tenants including, CVS, Dollar Tree, Home Depot, Marshalls, HomeGoods, and Ross at the same intersection.
Strong Performing Shopping Center - The greater shopping center ranks in the top 21% of all neighborhood centers nationwide with 2 million visitors per year, according to Placer.ai data.
Additional Traffic Draw from Neighboring College - Across the street from Cypress College, a California public community college that enrolls approximately 16,000 students each semester.
Stable Income Stream - Most tenants have 3% annual increases, which act as a strong hedge against the current inflationary environment.
Impressive Demographics - Over 235,000 people live within a 3-mile radius of the center and features an average household income of $131,897.