Institutional Property Advisors (“IPA”) is pleased to present the opportunity to acquire the leasehold interest in Bonanza Shopping Center (the “Property” or “Bonanza”), a 69,623 square foot grocery-anchored shopping center located at the southwest corner of Clovis Avenue and Shaw Avenue in Clovis, California. Bonanza Shopping Center is a dominant grocery-anchored shopping center situated on 6.01 acres and was built in 1963. Major tenants include Grocery Outlet, Octapharma Plasma, The Salvation Army, and Certus Cross Fit. The Property provides daily and essential needs retail services to its densely populated trade area, which is comprised of 128,794 people earning an average household income of $97,984 within a three-mile radius. With limited shopping center competition nearby, Bonanza is one of the most visited neighborhood centers within its submarket, as evidenced by its occupancy rate of 100%.