39251 S Highway 1
Gualala, CA 95445

100% leased multi-tenant - multi-building grocery anchored shopping center (not including management office/apartment). Five (5) buildings totaling approximately 32,250± sf - wood frame construction improved with a rough hewn stained redwood exterior siding and tile roofing - comprised of an array of standalone pad structures, a two level multi-tenant multi-use retail building, and the US postal service building, with a one bedroom, one bath residential apartment on the second level. There is little risk of major vacancy since there are 17 total units with the largest occupying approximately 31% - unit sizes range from 280± sf - 10,000± sf. Four parcels totaling approximately 3.5± acres of land (152,460± sf) (After lot line adjustment for service/gas station). Neighborhood serving shopping center, meeting the daily needs of a local community - Gualala Supermarket, US Postal Service, Banking, Gualala Sport & Tackle, and many others. Long term, stable cash flow - many in place tenants have been at the center for more than 5 years. Buildings constructed between the years 1969 and 2005 - there have been 2 buildings renovated within the past 2 years for the US Postal Service and the Red Stella (including a new roof and tenant improvements). BUILDING 3: is a multi tenant structure with the anchors being the supermarket, bank branch and a multi-tenant retail mall with a ground level food court with common area seating and restrooms, retail storefronts and second level shops and offices. The supermarket just renewed their lease through March 2028. Other tenants are in the process of renewing their leases, making this a strong stable income for an investor. BUILDINGS 1, 2, 4 & 5: are free-standing retail pad buildings. Exceptional opportunity to acquire a long term, pride of ownership, well established, multi-tenant and mixed-use neighborhood shopping center in Mendocino County. Sundstrom Shopping Center is located in Gualala on South Highway 1 on the east side, just across the street from the Pacific Ocean.