Antelope Valley Plaza

3 Building Portfolio (Available Together or Separately)

CVS, A Place of Our Own Learning Academy, and Antelope Valley Shops

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‍Total Price for Portfolio:

$14,480,000

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Individual Pricing:

CVS: $4,280,000 / 5.75% Cap Rate

A Place of Our Own Learning Academy (Daycare): $5,900,000 / 6.71% Cap Rate

Antelope Valley Shops: $4,300,000 / 6.75% Cap Rate

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3 Total Buildings - Available together or separately (CVS, A Place of Our Own Learning Academy, and Antelope Valley Shops)

- CVS has been at this location for nearly 20 years and is ranked as one of the busiest CVS stores in the entire nation 

• Extremely strong sales at this CVS location of nearly $20M last year / Low rent-to-sales ratio of 1.24%

- A Place of Our Own Learning Academy - Fully enrolled daycare location with strong operator and personal guarantee

- Antelope Valley Shops - 100% leased multi-tenant NNN shops located directly next door to Smart & Final, featuring daily needs and e-commerce tenants, making this an ideal/safe 1031 replacement for an investor

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Excellent Co-Tenancy - The shopping center is anchored by a new Smart & Final (opened in October 2023), along with CVS, DD’s, AT&T, Western Dental, Supercuts, etc. creating top tier customer draw and strong tenant synergy

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Ranked #1 / Proven Location - Highly successful tenants within the shopping center (Source: Placer.ai)

- CVS is ranked as the #1 busiest CVS store in the trade area, and ranks in the top 95 percentile nationwide

- DD’s Discounts is ranked as the #1 busiest DD’s store in the trade area

- Western Dental is ranked as the #1 busiest Western Dental store in the trade area

- AT&T is ranked in the top 85 percentile of busiest AT&T stores nationwide according

- The overall shopping center draws in 1.5M customers annually and has seen substantial year over year traffic growth

-- Visits YoY +33.5%, 

-- Visits Yo2Y +38.7%

-- Visits Yo3Y +45.1%

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Ideally Located at Signalized, Hard corner Intersection of W Avenue J and 20th Street W - Over 58,800 vehicles per day at the intersection

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Outstanding Freeway On-Ramp & Off-Ramp Access - With new on-ramps and off-ramps being constructed directly behind the subject property, allowing for easier access to the shopping center and Avenue J.

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Strong Demographics - Over 167,000 people living within a 5-mile radius, with an average household income above $82,000