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Investment Highlights
- Top-Tier Shopping Center with 5.3 Million Annual Visitors – Including shadow-anchor WinCo Foods (1.8 million annual visits).
- High-Traffic and Strong Performing Anchor Tenancy – Additional high-traffic anchor tenants include Burlington(NAP), Dollar, ULTA, and Chuck E. Cheese.
- Strong NOI Growth Profile – Through embedded rental increases, lease-up of the vacant suites, and mark-to-market opportunities.
- Prominent WinCo Foods Grocery Shadow Anchor – A privately held, majority employee-owned supermarket chain that operates 141 grocery stores.
- Investment-Grade ULTA and Dollar Tree Anchors.
- In-Place National and Regional Tenancy – Approximately 68% of the occupied square footage consists of national and regional tenants.
Executive Summary
Riviera Plaza is a high-performing WinCo Foods anchored neighborhood shopping center located in the affluent coastal Southern California community of Ventura, CA. Encompassing approximately 105,714 square feet of existing retail space, Riviera Plaza is one of the area’s premier community centers. The property is strategically positioned along Highway 101 at the Telephone Road interchange, with strong freeway visibility to approximately 116,000 vehicles per day.
Shadow-anchored by best-in-class grocery operator WinCo Foods (NAP) and dominant soft goods/apparel retailer Burlington (NAP), Riviera Plaza features a 70% national tenant base including category-dominant anchor tenants ULTA, Dollar Tree, and Chuck E. Cheese. Additional national and regional tenants within the inclusive collateral include Starbucks (freestanding drive-thru pad), Arby’s, Habit Burger, Waba Grill, Angry Chickz, Black Angus, UPS Store, H & R Block, Freeway Insurance, HOTWORX, and Montecito Bank & Trust.
Shadow-anchored by best-in-class grocery operator WinCo Foods (NAP) and dominant soft goods/apparel retailer Burlington (NAP), Riviera Plaza features a 70% national tenant base including category-dominant anchor tenants ULTA, Dollar Tree, and Chuck E. Cheese. Additional national and regional tenants within the inclusive collateral include Starbucks (freestanding drive-thru pad), Arby’s, Habit Burger, Waba Grill, Angry Chickz, Black Angus, UPS Store, H & R Block, Freeway Insurance, HOTWORX, and Montecito Bank & Trust.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
-
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| Other Income |
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| Vacancy Loss |
-
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| Effective Gross Income |
-
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| Net Operating Income |
$99,999
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 114,957 SF |
| Number of Properties | 8 | Total Land Area | 38.24 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 114,957 SF |
| Total Land Area | 38.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4732-4744 Telephone Rd, Ventura, CA 93003 | Retail | 53,871 SF | 1984 | - |
| 4756 Telephone Rd, Ventura, CA 93003 | Retail | 19,000 SF | 1982 | - |
|
Chuck E. Cheese
4714 Telephone Rd, Ventura, CA 93003 |
Retail | 13,000 SF | 1982 | - |
| 4718 Telephone Rd, Ventura, CA 93003 | Retail | 10,199 SF | 1983 | - |
| 4726 Telephone Rd, Ventura, CA 93003 | Retail | 7,980 SF | 1984 | - |
|
Pad 1
4724 Telephone Rd, Ventura, CA 93003 |
Retail | 5,500 SF | 2019 | - |
|
Montecito Bank & Trust
4730 Telephone Rd, Ventura, CA 93003 |
Retail | 3,557 SF | 1984 | - |
| 4710 Telephone Rd, Ventura, CA 93003 | Retail | 1,850 SF | 2019 | - |
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