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Junior Anchors @ Stagecoach Plaza 3453 W Ramsey St 52,264 SF 100% Leased Retail Building Banning, CA 92220 $4,616,000 ($88.32/SF) 6.25% Cap Rate
Investment Highlights
- Southern California Grocery Anchored Center
- Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates
- High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone
- Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway
Executive Summary
* High-Quality, Brand Name Tenancy – 74% of the owned GLA is leased to national brands Dollar Tree, Harbor Freight Tools, and AutoZone, providing a stable and reliable income stream for the property
* Significantly Below Market Rents – Property wide, rents at Stagecoach Plaza are approximately 46% below current market rates, enhancing tenant stability and competitiveness while providing strong rental growth potential in the future
* Deep Discount to Replacement Cost – Priced at just $88 PSF, Stagecoach Plaza will trade significantly below its estimated land-inclusive replacement cost, estimated to exceed $350 PSF
* Neighborhood Grocery Center & Commuter Pit-Stop Destination – Strategically located on the I-10 Freeway along the primary route between LA/OC and Palm Springs, Stagecoach Plaza meets the needs of the surrounding Banning community and also serves as a convenient commuter stop
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Doraval Discount
- Retailer
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$9.99
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Lorem Ipsum
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Jan 0000
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- Retailer
- -
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Lorem Ipsum
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Jan 0000
Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Doraval Discount | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,047,720 | |
| Land Assessment | $1,505,946 | Total Assessment | $6,553,666 |
Property Taxes
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Junior Anchors @ Stagecoach Plaza | 3453 W Ramsey St
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