Listing banner image
  • Property Type
    RetailProperty Type
  • Gross Leasable Area
    40,812 SFGross Leasable Area
  • Occupancy
    97%Occupancy
  • Amenities
    -Amenities
  • Total Parking
    377Total Parking
  • Zoning
    GC - General CommercialZoning

Description

Stagecoach Plaza is a 40,812-square-foot, neighborhood-serving retail center anchored by Cardenas Market and complemented by an attractive mix of national and regional tenants. Situated on 6.82 acres of General Commercial-zoned land in Banning, California, the property features ample surface parking with 377 stalls and high-visibility pylon signage. Built in 1972 and boasting a current occupancy level of 97%, the center offers a well-maintained, turnkey retail environment with immediate income streams.

Offered at $6,078,000 ($144 per square foot), Stagecoach Plaza delivers a stable in-place...

Documents

Offering Summary

  • Asking Price
    $6,078,000

Sale Details

  • In-Place Cap Rate
    8.46%
  • Rents Below Market
    46%

Documents

Property Address

3403-3404 & 3453 West Ramsey Street
Banning, CA 92220

Property Details

  • Total Acres
    7
  • Property Type
    Retail
  • Gross Leasable Area
    40,812 SF
  • Available GLA
    40,812 SF
  • Occupancy
    97%
  • Year Built
    1972
  • Total Parking
    377
  • Zoning
    GC - General Commercial

Property Details

  • Total Acres
    7
  • Property Type
    Retail
  • Gross Leasable Area
    40,812 SF
  • Available GLA
    40,812 SF
  • Occupancy
    97%
  • Year Built
    1972
  • Total Parking
    377
  • Zoning
    GC - General Commercial

Deal Team

Pablo Rodriguez profile image
Pablo Rodriguez
First Vice President First Vice President
CA RE Lic. 01870757

Description

Stagecoach Plaza is a 40,812-square-foot, neighborhood-serving retail center anchored by Cardenas Market and complemented by an attractive mix of national and regional tenants. Situated on 6.82 acres of General Commercial-zoned land in Banning, California, the property features ample surface parking with 377 stalls and high-visibility pylon signage. Built in 1972 and boasting a current occupancy level of 97%, the center offers a well-maintained, turnkey retail environment with immediate income streams.

Offered at $6,078,000 ($144 per square foot), Stagecoach Plaza delivers a stable in-place...

Documents

Offering Summary

  • Asking Price
    $6,078,000

Sale Details

  • In-Place Cap Rate
    8.46%
  • Rents Below Market
    46%

Documents

Property Address

3403-3404 & 3453 West Ramsey Street
Banning, CA 92220

Property Details

  • Total Acres
    7
  • Property Type
    Retail
  • Gross Leasable Area
    40,812 SF
  • Available GLA
    40,812 SF
  • Occupancy
    97%
  • Year Built
    1972
  • Total Parking
    377
  • Zoning
    GC - General Commercial

Property Details

  • Total Acres
    7
  • Property Type
    Retail
  • Gross Leasable Area
    40,812 SF
  • Available GLA
    40,812 SF
  • Occupancy
    97%
  • Year Built
    1972
  • Total Parking
    377
  • Zoning
    GC - General Commercial

Deal Team

Pablo Rodriguez profile image
Pablo Rodriguez
First Vice President First Vice President
CA RE Lic. 01870757
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