CBRE Investment Properties is excited to offer for sale Winston Village, a 48,000 sq. ft., 100% occupied neighborhood shopping center located in Perris, CA. The property features conservative market rents, and an average tenant occupancy of nearly 13 years. Credit tenant leases with Riverside County and Goodyear Tires cover over 40% of the property, providing investors with a stable and dynamic tenant mix. Additionally, the property offers a significant opportunity to add immediate value - an undeveloped outparcel capable of accommodating an additional 6,800 sq. ft. building, or 3,900 sq. ft. drive-thru building is included in the investment.
Winston Village is ideally located at a signalized intersection on Perris Blvd, one of the trade area's most heavily travelled thoroughfares and adjacent to a brand new Super-Walmart Center. The property is well positioned to take full advantage of the trade area's solid demographics and continued residential growth.
Created on July 24th, 2017 (last updated 10 months ago)