El Warner

Colliers Retail Capital Markets Team is pleased to present the opportunity to acquire Palomar Village, a 125,130 square foot grocery and drugstore anchored retail center prominently located at the lighted intersection of Rancho California Road and Margarita Road in Temecula, California.
Palomar Village is currently 95.6% leased to 27 tenants including Albertsons, CVS Pharmacy, Starbucks, Jersey Mike’s, Supercuts and Papa John’s. Immediate upside exists in leasing up the two vacant units totaling 5,511 square feet.
The Property is strategically located at the center of the City of Temecula and benefits from the affluent and densely populated surrounding residential community. Over 92,000 people with an average household income of $112,384 and average home value of $546,651 live within a three mile radius of Palomar Village.
Palomar Village is an exceptional opportunity to acquire an essential grocery and drug anchored shopping center that provides a stable return, with immediate upside, in an exceptional in-fill Temecula Valley location.

• Rare opportunity to acquire a dominant grocery and drugstore anchored shopping center in Temecula, California


• Anchored by two “essential” credit tenants in Albertsons and CVS Pharmacy that account for over 26% of the rental revenue, both with solid historical store sales


• 95.6% leased to a synergistic mix of essential retail (26.1%), food & beverage (28.4%) and internet resistant service (38.1%) tenants


• New 10 year lease with Starbucks for separately parceled drive-thru building


• Three new leases signed in the last six months totaling 8,750 SF and over $200K in rental revenue


• Centrally located within an established residential community and the only retail center at the immediate intersection


• Immediate upside in leasing up the 5,511 SF of vacant space and future upside in the rollover of below market rents


• Separately parceled anchor buildings and three pad buildings, including a new Starbucks drive-thru, provides for future break-up value


• Strong historical occupancy with over 63% of the total GLA occupying the center for over 20 years


• Exceptional shadow tenants in McDonald’s, Burger King, Century 21, Carl’s Jr. and a Shell service station


• Over $2.3M spent on remodel and renovation of the center in 2019 and new asphalt in 2021


• Irreplaceable location within an affluent Temecula Valley neighborhood with an average home value in excess of $545,000


• Attractive investment that provides a secure and stable cash flow with fixed rental increases

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the Best Buy anchored portion of Pacific Coast Plaza, a Walmart anchored power center located in Coastal San Diego County, California.​ The Best Buy at Pacific Coast Plaza is an exceptional opportunity to secure below market cash flow from an investment grade credit (S&P: BBB) tenant that has been operating out of this location for over 20 years.​

Colliers Retail Capital Markets Team is pleased to present a rare opportunity for an owner/user to acquire a newly renovated, high-quality building located along the heavily trafficked Hawthorne Boulevard in Torrance.​ 23030 Hawthorne Blvd is strategically situated less than half a mile from the Del Amo Fashion Center, recognized as the third largest shopping destination in California.​ The Subject Property is surrounded by an established residential community with an average household income of over $136,000.​ 

The Subject Property consists of a ±6,510 square foot single tenant building beautifully designed for an owner/user looking to start or expand their retail business.​ This property features over 95 feet of frontage on the major North-South thoroughfare in the South Bay with multiple ingress/egress points.​ This truly is an exceptional opportunity for an owner/user to acquire a trophy asset that provides a recently redeveloped step-in within the bustling city of Torrance.​

Colliers Retail Capital Markets Team and First Western Properties are pleased to present the rare opportunity to acquire 44 Renton Center, a value-add investment being offered for sale for the first time since 1987.

Located immediately off of I-405, 44 Renton Center has long serviced customers not only from the immediate trade area but also to the 150K+ vehicles that pass each day, traveling to and from the Eastside communities. The accessibility, ingress and egress of the property are unmatched, which has attracted a diverse mix of customer-oriented tenants, over half of which have been tenants for over 16 years. Retail assets in the immediate surrounding submarket are exceptionally strong with just 1.5% vacancy and rising average rents of $36 PSF.

With below-market rents and the ability to lease up vacancy, 44 Renton Center presents an exceptional value-add opportunity to acquire a property with excellent location and long term tenant security.

• Excellent location on the East side of Lake Washington with close proximity to Bellevue, Mercer Island, Issaquah and Sammamish


• Significant upside through the lease up of 2,554 square feet of desirable end-cap space and increasing below market rents.


• Irreplaceable retail asset and one of only two retail assets in the immediate submarket.


• Low price per square foot investment at $210 PSF.


• Convenient access on and off I-405 with over 150K+ vehicles per day.


• Diverse daily needs tenant mix that has maintained success through the pandemic.


• Long term success and stability of tenants with over half having over 16 years of tenancy history.


• Spending power of high income demographic with limited nearby retail for shopping and services


• Excellent nearby retail performance with a vacancy rate of 1.5% and average NNN rent of $36 PSF within 1.5 miles of the Property.


• Desirable trade area with an estimated 81,241 people with an average household income of $190,469 living within a three mile radius of the Subject Property.

Colliers Retail Capital Markets Team and First Western Properties are pleased to present the excellent opportunity to acquire Custer Square, a high traffic strip center at the core of Lakewood, with long term leases and tenants with no rent delinquencies throughout the pandemic.​ 

Custer Square is ideally situated along the heavily trafficked Custer Road which is a major east-west corridor from I-5, giving tenants optimal visibility and easy access to their customers.​ Custer Square is 100% occupied and has a strong, stable tenant mix, highlighted by Gravity Coffee which sits as a prominent pad with drive thru.​

Custer Square presents an exceptional opportunity to acquire a property with stable cash flow and long term tenant security that has been resilient through the pandemic and e-commerce.​

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire a brand new construction Taco Bell equipped with Drive-Thru located on the southeast corner of Lincoln Parkway & Lincoln Drive in Hodgenville, KY. Built in 2020, this Taco Bell offers an investor a tremendous opportunity to acquire a top-performing site on a long-term NNN lease that is strategically located across from LaRue County High School, LaRue County Middle School and Hodgenville Elementary School along the major arterial running through town.

• Brand New 2020 Construction single-tenant Taco Bell equipped with Drive-Thru


• Security of income from a lease backed by a seasoned restaurant operator and Taco Bell franchisee, ABTB LOUISVILLE RE LLC, operating 35 locations throughout Kentucky and generating more than $60 million in annual sales with nearly 1,000 employees


• Attractive contractual rental increases that offer an investor a hedge against inflation


• Strong Sales Volumes since the grand opening ensuring a very healthy rent to sales ratio


• Long-Term Absolute NNN Lease structure with zero landlord responsibilities


• Strategically located across from LaRue County High School, LaRue County Middle School & Hodgenville Elementary School with over 1,800 students enrolled and next to the interchange of US-31E & Lincoln Pkwy which sees a combined traffic count of 18,869 VPD


• Excellent Synergy situated on a corridor that features McDonalds, Burger King, Hardees, Subway, Family Dollar, Dollar General, Save A Lot and other thriving local businesses


• Delivered Free & Clear of Debt


• Strong Tenant Commitment featuring a 20-Year Absolute NNN Lease with 10% rental increases every 5 years providing the landlord with a secure, growing income stream


• Stable investment that is perfect for out-of-town investors with zero landlord responsibilities required by ownership


• Internet & Pandemic Proof concept backed by a high-performing tenant that is operated by a fast-growing Taco Bell franchisee (35 units and growing)


• Strategically located across from LaRue County High School, LaRue County Middle School & Hodgenville Elementary School with over 1,800 students enrolled and next to the interchange of US-31E & Lincoln Pkwy which sees a combined traffic count of 18,869 VPD


• Brand new high-quality building sitting on 1.13 acres of land that features a dedicated drive-thru which adds a meaningful amenity to customers all day and night


• Excellent visibility and accessibility from Lincoln Pkwy which connects Hodgenville to Elizabethtown (14 miles away), the 11th largest city in the state of Kentucky


• Globally recognized brand with annual revenue exceeding $2 Billion and 7,300+ units in operation that serve over 2 billion customers per year


• Located only two miles from the Abraham Lincoln Birthplace National Historical Park which receives nearly 300,000 visitors each year

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire a brand new construction Taco Bell equipped with Drive-Thru located at the interchange of I-65 and US-31W in Munfordville, KY. Built in 2020, this Taco Bell offers an investor an exceptional opportunity to acquire a high-performing site on a long-term NNN lease that is conveniently located adjacent to McDonalds on the southeast corner of the highway interchange at the entrance of town.

• Brand New 2020 Construction single-tenant Taco Bell equipped with Drive-Thru


• Security of income from a lease backed by a seasoned restaurant operator and Taco Bell franchisee, ABTB LOUISVILLE RE LLC, operating 35 locations throughout Kentucky and generating more than $60 million in annual sales with nearly 1,000 employees


• Attractive contractual rental increases that offer an investor a hedge against inflation


• Strong Sales Volumes since the grand opening ensuring a very healthy rent to sales ratio


• Long-Term Absolute NNN Lease structure with zero landlord responsibilities


• Excellent Synergy situated on a corridor that features McDonalds, Pizza Hut, Dollar General, Family Dollar, Save A Lot, Ace Hardware, Tractor Supply, AutoZone, Dairy Queen, Sonic and other national brands


• Strategically located adjacent to McDonalds at the interchange of I-65 & US-31W which sees a combined traffic count of 48,054 VPD


• Delivered Free & Clear of Debt


• Strong Tenant Commitment featuring a 20-Year Absolute NNN Lease with 10% rental increases every 5 years providing the landlord with a secure, growing income stream


• Stable investment that is perfect for out-of-town investors with zero landlord responsibilities required by ownership


• Internet & Pandemic Proof concept backed by a high-performing tenant that is operated by a fast-growing Taco Bell franchisee (35 units and growing)


• Strategically located adjacent to McDonalds at the interchange of I-65 & US-31W which sees a combined traffic count of 48,054 VPD


• Brand new high-quality building sitting on 0.69 acres of land that features a dedicated drive-thru which adds a meaningful amenity to customers all day and night


• Excellent visibility and accessibility from I-65 which connects Nashville, TN and Louisville, KY to serve as the major north-south arterial in this region of the Country


• Lack of competition in the marketplace with more than 30 miles of open road on the I-65 between this location and the next Taco Bell


• Globally recognized brand with annual revenue exceeding $2 Billion and 7,300+ units in operation that serve over 2 billion customers per year

• ​Redevelopment Opportunity and Attractive Owner/User Opportunity


• ​Prominent Freestanding Retail Location


• ​Excess land along Columbus Street provides for potential pad opportunity


• ​Can be acquired for well below replacement cost


• ​Located next to Walmart and surrounded by other notable retailers such as Kroger, CVS, Tractor Supply Co, Family Dollar, McDonalds, and Burger King.


• ​Great visibility and access from Morningside Dr. (3,831 VPD)and E Columbus St. (7,900 VPD)


• ​50 miles from Columbus, Ohio and 80 miles to Dayton, Ohio

• Redevelopment Opportunity


• ​Affluent population with average household incomes over 90k in surrounding 5 mile area


• ​Prominent Retail Location


• ​Dayton Mall has 92% occupancy


• ​Great visibility and access from Highway 75 and Highway 675


• ​Excellent VPD of 37,000 on Miamisburg Centerville Road


• ​Surrounded by notable retailers such as Target, Walmart Supercenter, Menards, Dicks, Outback Steakhouse, Best Buy, Home Depot, Hobby Lobby


• ​Distance to Wright Patterson Air Force base is 11.3 miles, Distance to US Air Force base is 15.3 miles, Distance to Miami University is 36.2 miles, Distance to University of Dayton is 9.3 miles

• ​Extremely rare San Diego County value-add opportunity.


• ​Coveted landlord right to recapture and redevelop up to 50% of the Kmart space.


• ​Upside in leasing up the five vacant units totaling 5,812 square feet.


• ​Attractive in-place cash flow for a value-add investment.


• ​The center is strategically located on Main Street Ramona, one of the busiest retail corridors in East San Diego County.


• ​Desirable demographic profile with average household incomes exceeding $110,000 annually.

• ​Outstanding urban mixed-use re-development opportunity


• ​Located within opportunity zone


• ​Rare Southern California value-add investment


• ​Anchor building to the Santa Maria Town Center


• ​Can be acquired for well below replacement cost


• ​Situated towards hard corner with over 30,000 VPD


• ​Desirable demographic profile within the heart of downtown Santa Maria


• ​Excellent access to the 101 Freeway

• ​Value-add investment opportunity that includes $196K of in-place income from the new Carvana Auto Sales lease.


• ​Prominent retail location


• ​Located less than 10 miles southwest of Downtown Cleveland and only 3 miles from the Cleveland International Airport.


• ​Close proximity to I-71 and I-480 and great visibility and access from West 130th Street and Smith Road


• ​Potential mixed-use redevelopment opportunity


• ​Highly dense area with 85k people in the immediately surrounding 3 mile area and over 700k people in 10 mile radius


• ​Surrounded by notable retailers such as BJ’s Wholesale Club, Giant Eagle, Marshalls, Party City, Petco, Marc’s, Gabe’s, Dollar Tree, and more


• ​No active operating agreement and flexible GB zoning

Located within Bay Park shopping mall with surrounding retailers including Dick’s Sporting Goods, DSW, Best Buy,Dave and Busters (under construction) and JCPenney.

• Prominent Retail Location


• Surrounded by notable retailers such as Kohl’s, Kohl’s, Best Buy, Dick’s Sporting Goods, DSW and Marcus TheatersGreat visibility and access from W Northland Ave. with close proximity to Interstate 41


• Great visibility and access from Interstate 41 and highly traveled Oneida Street


• Well below replacement cost


• Desirable Demographic Profile


• Less than 1.5 miles from Lambeau Field and 5 miles from Downtown Green Bay

Located along a major retail corridor and across the street from Marshfield Mall

• Prominent Retail Location


• Surrounded by notable retailers such as Walmart, Target, ALDI, Kohl’s and Dunham’s


• Great visibility and access from Highway 97 (N Central Ave), the main retail corridor in Mashfield


• Only $38 PSF. Well below replacement cost


• Desireable Demographic Profile


• Located within the Wausau MSA, boasting a population of over 130,000

Strategically located in the heart of downtown Stevens Point surrounded immediately by BMO Harris Bank, Associated Bank and brand new Cobblestone Hotel & Suites

• Prominent Retail Location in downtown Stevens Point


• Surrounded by many notable businesses and the University of Wisconsin Stevens Point


• Great visibility and access from Centerpoint Dr


• Only $39 PSF. Well below replacement cost


• Desireable Demographic Profile


• Located 0.7 miles from the University of Wisconsin Stevens Point (7,725 students)

Located at signalized intersection next to the Pick ‘n Save (Kroger) retail center.

• Prominent Retail Location - over 38,000 VPD at intersection


• Surrounded by notable retailers such as Pick ‘n Save and ALDI


• Great visibility and access from E Riverview Parkway


• Only $40 PSF. Well below replacement cost


• Desireable Demographic Profile


• Located 80 miles from Appleton, WI boasting a population of 32,000 residents

Colliers Retail Capital Markets Team is pleased to present the rare opportunity to acquire the end cap strip at Clearview Plaza, the only grocery anchored shopping center in the Clearview neighborhood of Snohomish County.​ Clearview Plaza is prominently located along the heavily trafficked Highway 9 and is the dominant retail center for the Clearview community.​ Centrally located within an established residential community with a high average household income of approximately $154,000 living within a three mile radius of the Property.​

Colliers Retail Capital Markets Team is pleased to present the fee simple sale of Ming & Wible Center, a 30,708 SF neighborhood retail center located directly across from the Valley Plaza Mall (140 specialty stores) which is the largest shopping destination in the San Joaquin Valley.​

Ming & Wible Center is centrally located at the intersection of the 99 Freeway and Ming Avenue (187,144 VPD).​ Strategically situated along Bakersfield’s major retail corridor, Ming & Wible Center is surrounded by many of the largest retailers in the world which include Target, Macy’s, JCPenney, Apple, Forever 21, TJ Maxx, Ross, Marshalls, CVS Pharmacy and many others.​ Shadow anchored to the largest specialty and luxury-oriented retail destination in Bakersfield, this investment offering is currently 100% occupied by four long-standing, quality tenants including Big 5 Sporting Goods, Mattress Firm, Eyemart Express and The Corner Pocket.​

Ming & Wible Center is an exceptional opportunity to acquire a stable cash flow with attractive growth in the revenue from fixed increases and is being offered free and clear of any debt.​ Combine this with historically low interest rates which will generate double digit leveraged returns for many years to come.​

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire a freestanding Islands Restaurant located on a hard corner inside a 161,285 SF Lowe’s Home Improvement anchored shopping center in Rancho Cucamonga, CA.​ The Rancho Cucamonga Islands Restaurant is an exceptional opportunity to acquire a trophy hard corner location along Historic Route 66 at the Milliken Ave signalized intersection which sees over 72,854 VPD.​

The Property is ideally situated along Historic Route 66 which boasts over 4.4 Million SF of shopping destinations nestled between Haven Ave & I-15 including Terra Vista Town Center and Victoria Gardens which are home to the World’s largest retailers and most exclusive brands.​ The property benefits from its prominent location along a very strong retail corridor and direct access to the heavily trafficked 15 Freeway (208,670 VPD).​