949-478-3390
, Ventura, CA for Sale
Retail - FOR SALE
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Riviera Plaza
Ventura, CA


HIGHLIGHTS

  • Top-Tier Shopping Center with 5.3 Million Annual Visitors – Including shadow-anchor WinCo Foods (1.8 million annual visits).
  • Prominent WinCo Foods Grocery Shadow Anchor – A privately held, majority employee-owned supermarket chain that operates 141 grocery stores.
  • High-Traffic and Strong Performing Anchor Tenancy – Additional high-traffic anchor tenants include Burlington(NAP), Dollar, ULTA, and Chuck E. Cheese.
  • Investment-Grade ULTA and Dollar Tree Anchors.
  • Strong NOI Growth Profile – Through embedded rental increases, lease-up of the vacant suites, and mark-to-market opportunities.
  • In-Place National and Regional Tenancy – Approximately 68% of the occupied square footage consists of national and regional tenants.

OVERVIEW

Riviera Plaza is a high-performing WinCo Foods anchored neighborhood shopping center located in the affluent coastal Southern California community of Ventura, CA. Encompassing approximately 105,714 square feet of existing retail space, Riviera Plaza is one of the area’s premier community centers. The property is strategically positioned along Highway 101 at the Telephone Road interchange, with strong freeway visibility to approximately 116,000 vehicles per day. Shadow-anchored by best-in-class grocery operator WinCo Foods (NAP) and dominant soft goods/apparel retailer Burlington (NAP), Riviera Plaza features a 70% national tenant base including category-dominant anchor tenants ULTA, Dollar Tree, and Chuck E. Cheese. Additional national and regional tenants within the inclusive collateral include Starbucks (freestanding drive-thru pad), Arby’s, Habit Burger, Waba Grill, Angry Chickz, Black Angus, UPS Store, H & R Block, Freeway Insurance, HOTWORX, and Montecito Bank & Trust.

ASK ABOUT THIS PROPERTY

Aaron BettencourtREZA Investment Group, Inc.More Info
949-478-3390

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Aaron BettencourtREZA Investment Group, Inc.More Info
949-478-3390

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