City Center Shopping Center
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City Center Shopping Center
4 Retail Properties Offered at $17,594,510 in Seaside, CA
Investment Highlights
- Prime NNN Leased Investment Opportunity.
- Strong tenants anchored by grocery outlet.
- Signalized intersection.
- 4 Buildings in the City Center Shopping Center Seaside, CA.
- 191 Shared Spaces
Executive Summary
City Center Shopping Center Prime NNN Leased Investment Opportunity. 4 Buildings in Seaside, CA. City Center Shopping Center was developed by the Orosco Group, a prominent Regional Retail Developer in conjunction with the former Seaside Redevelopment Agency, with the goal of developing a top tier Retail Center, serving the Monterey Peninsula and Regional Retail Trade Area. The Center’s quality architecture and construction, makes it a highly desirable venue for Tenants and Customers alike. Strong barriers to entry here in the market, - unavailability of land, and a water moratorium, preventing any new ground up Retail Centers, assures the Center’s intrinsic value.
Property Facts
| Price | $17,594,510 | Number of Properties | 4 |
| Price / SF | $472.36 / SF | Individually For Sale | 2 |
| Cap Rate | 6% | Total Building Size | 37,248 SF |
| Sale Type | Investment NNN | Total Land Area | 3.76 AC |
| Status | Active |
| Price | $17,594,510 |
| Price / SF | $472.36 / SF |
| Cap Rate | 6% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 2 |
| Total Building Size | 37,248 SF |
| Total Land Area | 3.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1553 Fremont Blvd, Seaside, CA 93955 | Retail | 8,422 SF | 2006 | - |
| 880 Broadway Ave, Seaside, CA 93955 | Retail | 7,591 SF | 2006 | $3,585,350 |
| 800 Broadway Ave, Seaside, CA 93955 | Retail | 5,235 SF | 2006 | $3,745,709 |
|
Grocery Outlet
1523 Fremont Blvd, Seaside, CA 93955 |
Retail | 16,000 SF | 2013 | - |
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City Center Shopping Center
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