At the Crossroads of Opportunity and Value in the the Logistics Hub of the West.
Barstow Shopping Center (the “Property”), a 20% leased, 110,100 square foot retail property located in Barstow, CA. The Property represents a rare, value-add shopping center investment opportunity in a market that is poised to benefit from a significant expansion of the trade area’s economic base and increased population density over the medium term.
Value-Add Business Plan
The property represents a rare opportunity to implement an aggressive renovation strategy to generate attractive value-add returns with minimal downside risk. A financial summary of the business plan, including market rents, tenant improvements, leasing commissions, etc. are detailed in the Financial Overview section of the offering memorandum.
The 100% leased, 7,136 square foot, adjacent retail property located southeast of Barstow Shopping Center is also being offered for sale.
Investment Highlights
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Attractive cost basis with a value-add return profile
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95% Occupied submarket
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Prime visibility along Main Street
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Committed tenant base with significant upgrade potential
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Growing economy with existing demand
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2,300+New jobs expected ear-Term
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Strong retail fundamentals with built-in demand generators
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BILLION-DOLLAR Economic investments in Barstow through BIG and Barstow Casino
Location Features
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Unmatched access to a multi-state customer base
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Outstanding location with superior access and visibility
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Expanding economic base with impressive population growth