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Sun Lakes Village
Banning, CA Outer San Jacinto

$12,652,000 USD

General Retail For Sale  •  43,551 SF

4 Properties View all

Property Details

  • Property Type General Retail
40 Transit Score
50 Walk Score

Highlights

Grocery Shadow Anchored Center with National and Regional Brand Operators
Stabilized Center with Upside – At 93% occupancy and with long-term tenants in place, Sun Lakes Village boasts stable tenancy with 3.57 years of WALT
Improving Returns – the NOI is expected to increase more than $125,000 (14%) upon stabilization and $352,000 (39%) over the expected hold period
Multiple Parcel “Spin Off” Opportunity – presents investors with the opportunity to spin-off portions in separate sales to reduce basis
Dominant Retail Hub Location – Highland Springs Ave is the dominant retail street and hub in the immediate trade area

Public Transportation

AirportDriveWalkDistance
Palm Springs International 36 min - 30.5 mi
John Read 949-725-8606 CBRE
John Read 949-725-8606 CBRE