Investment Overview

Carson & Normandie Plaza is positioned at the dynamic signalized intersection of Carson Street and Normandie Avenue. The 100% occupied attractive, single-story building and pads provide consistent cashflow while hedging inflation with 3% - 5% annual rent escalations on the vast majority of the leases. The intersection generates tremendous traffic and the property has four access points with over 1,000 feet of frontage o Carson Street. There is excellent signage for the successful tenants with long-term NNN leases. The Plaza is well parked with 372 spaces which equates to a 3.29 to 1 ratio. The highly visible grocery-anchored center has tenants such as Superior Grocers, Rite Aid, Carl’s Jr with drive-thru, Starbucks with drive-thru, Pizza Hut, O’Reilly Auto Parts, and Dollar Tree to name a few. Located within blocks of the 110 Harbor Freeway, the Plaza is also close to the 405 San Diego Freeway. Offered at a 5.5% Cap Rate and a low cost per foot of $495, this offering provides an investor the opportunity to purchase one of the Premier Shopping Centers in the South Bay at a very attractive price.