Log In/Sign Up
Your email has been sent.
3453 W Ramsey St
Banning, CA 92220
Junior Anchors @ Stagecoach Plaza · Retail Property For Sale
Investment Highlights
- Southern California Grocery Anchored Center
- Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates
- High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone
- Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway
Executive Summary
* Southern California Grocery Anchored Center – Anchored by Cardenas Markets (also available for purchase) and Dollar Tree alongside Harbor Freight, and AutoZone, Stagecoach Plaza offers a stable roster of national credit tenants
* High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone, providing a stable and reliable income stream for the property
* Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates, enhancing tenant stability and competitiveness while providing strong rental growth potential in the future
* Deep Discount to Replacement Cost – Priced at just $88 PSF, Stagecoach Plaza will trade significantly below its estimated land-inclusive replacement cost, estimated to exceed $350 PSF
* Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway along the primary route between LA/OC and Palm Springs, Stagecoach Plaza meets the needs of the surrounding Banning community and also serves as a convenient commuter stop
* High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone, providing a stable and reliable income stream for the property
* Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates, enhancing tenant stability and competitiveness while providing strong rental growth potential in the future
* Deep Discount to Replacement Cost – Priced at just $88 PSF, Stagecoach Plaza will trade significantly below its estimated land-inclusive replacement cost, estimated to exceed $350 PSF
* Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway along the primary route between LA/OC and Palm Springs, Stagecoach Plaza meets the needs of the surrounding Banning community and also serves as a convenient commuter stop
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
52,264 SF
Building Class
B
Year Built
1972
Price
$6,273,144 CAD
Price Per SF
$120.03 CAD
Cap Rate
6.25%
NOI
$392,077 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
3.96 AC
Zoning
GC - General Commercial
Parking
377 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
359’ on W Ramsey St
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,859,851 CAD | |
| Land Assessment | $2,046,581 CAD | Total Assessment | $8,906,432 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,046,581 CAD
Improvements Assessment
$6,859,851 CAD
Total Assessment
$8,906,432 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
