El Dorado Center Retail FOR SALE


El Centro, CA
$11,630,000 USD
619-269-6076
, El Centro, CA for Sale
$11,630,000 USD
Retail - FOR SALE
1/10
null | 7% Cap Rate

El Dorado Center
El Centro, CA


HIGHLIGHTS

  • Dominant Grocery & Fitness Shadow Anchored Shopping Center Investment
  • Excellent Location in the Heart of the Trade Area’s Main Commercial Corridor
  • Stabilized Investment with Value-Add Opportunity in Below Market Rents in Pads & Shop Spaces
  • Surrounded by Over 1 Million SF of Retail Space and Big Box Retailers: Walmart, Costco, Target, Lowe's, Ross, Food 4 Less, and More

OVERVIEW

The El Dorado Center is a multi-tenant shopping center investment opportunity located in El Centro, CA (Imperial County). The subject property is currently 100% leased to 12 tenants with over 68% of the GLA occupied by national retail chain tenants, including Harbor Freight Tools, Boot Barn, Sally Beauty Supply, and Ace Cash Express. The El Dorado Center is part of a larger 210,726 SF center situated on 20 acres. The center is shadow anchored by a high performing Cardenas Market (Hispanic supermarket chain), as well as Planet Fitness and Ashley Furniture (not included). The high traffic generated from these daily-needs grocery & fitness retailers makes the center one of the dominant shopping centers in the trade area. The property is also surrounded by over 1 Million square feet of retail space within a half mile, including many of the top big box national retailers: Walmart, Costco, Target, Lowe’s, Ross, PetSmart, Food 4 Less, and more. El Centro is the county seat and the largest city in Imperial County with a population of 70,591 in a 5-mile radius and an average household income of $76,373. The center is well positioned in the heart of the City’s main retail corridor and along Highway 86, the main North/South arterial for the region.

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Rob BloomDUHS CommercialMore Info
619-269-6076

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Rob BloomDUHS CommercialMore Info
619-269-6076

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