Vine @ Castaic Shopping Center Retail FOR SALE


Castaic, CA
$11,000,000 USD
818-823-0832
, Castaic, CA for Sale
$11,000,000 USD
Retail - FOR SALE
1/12
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Vine @ Castaic Shopping Center
Castaic, CA


HIGHLIGHTS

  • Starbucks, El Pollo Loco, Waba Grill & O’Reilly Auto Parts provide immediate, stable income from strong national operators.
  • Drive-thru focused retail mix meets rising demand for quick, convenient food and beverage, boosting daily traffic and sales.
  • 52% vacancy offers significant value-add through lease-up at market rents, with strong tenant demand for quality retail space.
  • Prime high-traffic site along major arterial near I-5, capturing daily visibility from commuters, tourists, and local residents.
  • Regional drivers include Castaic Lake, Six Flags & logistics hubs, generating year-round demand and transient customer traffic.
  • Cross-traffic generated between coffee, quick-service dining, and automotive retail ensures multiple customer visits throughout the day.

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is proud to present Vine @ Castaic, a premier value-add retail shopping center opportunity located in the thriving and rapidly growing community of Castaic, California. Strategically situated at the exit of Castaic Lake and just minutes from the renowned Six Flags Magic Mountain, this property enjoys a prime location that benefits from substantial regional and local traffic. Anchored by a strong lineup of nationally recognized, highly sought-after brands including Starbucks (drive-thru), El Pollo Loco (drive-thru), Waba Grill (drive-thru), and O’Reilly Auto Parts, the asset offers investors a rare combination of immediate, stable income coupled with substantial upside potential through the lease-up of more than 50% vacant space at competitive market rents. Located along a bustling major arterial with direct access to the highly trafficked Interstate 5 corridor, this high-visibility asset benefits from exceptional daily traffic counts, easy ingress and egress, and unparalleled exposure to both loyal local customers and transient regional visitors. The surrounding trade area boasts affluent and steadily growing demographics, featuring above-average household incomes, vibrant residential development, and a captive consumer base with robust purchasing power. The three drive-thru tenants Starbucks, El Pollo Loco, and Waba Grill , deliver modern convenience and fast-casual dining experiences that perfectly align with evolving consumer preferences for speed, quality, and accessibility. Their presence, combined with O’Reilly Auto Parts’ strong footprint in the automotive aftermarket sector, creates a dynamic and synergistic tenant mix that drives consistent foot traffic and customer cross-shopping throughout the day. The property’s leases are structured on a NNN basis, minimizing landlord responsibilities and offering predictable, escalating income streams that serve as a strong hedge against inflation. This versatile asset presents investors with multiple strategic pathways, including lease-up and long-term hold for stable cash flow growth, property repositioning to achieve a higher valuation, or potential parceling and individual pad sales. This rare retail offering represents a compelling entry into a high barrier to entry Southern California market, combining creditworthy national tenants, a prime location near major regional attractions, and transformative value-add upside — an ideal investment for those seeking both security and significant growth potential.

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.