39225-39361 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 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. 3 parcels totaling approximately 3.6485± acres of land (158,929± sf) (After lot line adjustment for service/gas station is complete - does not include gas/service station - owner is currently in process of doing a lot-line adjustment - parcel numbers are subject to change). Neighborhood serving shopping center, meeting the daily needs of a local community - Gualala Supermarket, US Postal Service, Banking Service, 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). Sundstrom Shopping Center is located in Gualala on South Highway 1 on the east side, just across the street from the Pacific Ocean. Exceptional opportunity to acquire a long term, pride of ownership, well established, multi-tenant and mixed-use neighborhood shopping center in Mendocino County. 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. Buildings 1, 2, 4 and 5 are free-standing retail, service and pad buildings.