College Park Shopping Center 4833-4917 S Rose Ave

Recession resilient neighborhood shopping center centrally located in rapidly growing Oxnard, CA. The 53,321 SF center is 100% leased and anchored by 99 Cents Only store and Island Pacific, a regional Filipino market serving the local Asian (predominantly Filipino) population. Other tenants include Metro PCS, College Donuts, Vine Spirit Liquors, Sea Breeze Seafood Market, hair salon, video store, laundromat and more. Located at signalized corner of Rose Ave and East Pleasant Valley Rd, two major Oxnard streets with over 40,000 vehicles per day. The property is located less than a mile from the Oxnard City College and in close proximity to Port Hueneme, the only commercial deep water port between San Francisco and Los Angeles, and the Port Hueneme Naval Base. Oxnard is also home to a major transportation hub for Amtrak, Greyhound, Union Pacific and Metrolink.
53,321 SF neighborhood retail center anchored by recession resilient 99 Cents Only Store. The go-to extreme value retailer for everything from groceries, fresh produce, cleaning products, home supplies, to seasonal decorations and pet supplies. The center is also anchored by Island Pacific Seafood Market, a regional retailer specializing in high quality Filipino and Asian foods. The center caters primarily to the Filipino population in Oxnard and strives to put Filipino cooking on the map by offering high quality ingredients to the local residents. Since opening the first store in 2000, Pacific Island now has expanded to 15 stores in California and Nevada. Other tenants include Island Pacific Seafood, College Donuts, El Chapo Meat Market, Sea Breeze Seafood Market, Cali Cutz Barber Shop, Watermill, Royal Laundry Laundromat, Vine Spirits Liquors, Tobacco Store, and Casa Blanca Flowers. The center is located on a 229,400 SF lot with 293 parking spaces (parking ratio 5.47/1000 SF). Upside potential by renovating the center and attracting new tenants at potentially higher rates.