* Pride of Ownership, Trophy Asset – The Shoppes at Chino Hills presents an uncommon opportunity to acquire one of the Inland Empire’s most significant retail assets located in the highly desirable Chino Hills community, the wholly owned ±378,140 SF lifestyle center is anchored by a high performing Trader Joe’s situated on its own freestanding pad, along with a complimentary mix of national, regional and local retailers
* High Visibility, High Traffic Location – The Shoppes at Chino Hills is a 4-sided shopping center encompassing virtually an entire city block and benefits from excellent accessibility and visibility with 1,400 linear feet of frontage along Grand Ave (±30,500 CPD), 900 linear feet on Peyton Dr (±23,700 CPD), and tremendous pylon signage at the exit from State Route 71
* Significant NOI Growth – Due to the lease up of vacant space, below market rents rolling to market (estimated 12% below market), and embedded rental escalations the Net Operating Income is expected to increase more than $8,355,000 (88%) over the expected hold period, producing a robust Compound Annual Growth Rate exceeding 6.5%
* Large Land Parcel, Significant On-Site Parking – Consisting of approximately 25.68 acres with an expansive parking field with 1,352 stalls (3.58:1 parking ratio) creating a patron friendly environment that is easily accessed
* Attractive Assumable Financing – Assumable loan terms: $110,000,000 balance, 5.175% interest rate, currently interest only through its June 2028 maturity. Property is available with existing or market financing