Lakeside Shopping Center Retail
9720-9769 Winter Gardens Blvd Portfolio Lakeside, CA
For Sale
Contact for pricing
Four retail properties in Lakeside shopping center, 95% occupied.
Property Size59,736 SF
Lot Size1.49 Acres
Price / SF$331.46
Days on Market691
Property Features for 9720-9769 Winter Gardens Blvd Portfolio
General Information
Standard status
Active
Size
59,736 SF
Lot size
1.49 Acres
Property subtype
RETAIL
Listing Agency:
SRS Industrial - Newport Beach
(949) 230-2029
Listed By:
Pat Kent
(949) 230-2029
Source:
Moodyscre
Added: Sep 5, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
A portfolio consisting of four retail properties within the Central Lakeside Shopping Center is available. The shopping center is currently 95% occupied and features a diverse mix of established corporate tenants. The property encompasses a total area of 59736 square feet.
Key Highlights
- 95% Occupancy Rate
- Part of Central Lakeside Shopping Center
- Four Retail Properties Included
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.43M | $24.00 |
| − Vacancy | −$93.2k | −$1.56 |
| EGI | $1.34M | $22.44 |
| − OpEx | −$402.1k | −$6.73 |
| NOI | $938.3k | $15.71 |
59,736 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$13.40M
$11.73M – $15.64M
NOI $938,333 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.37M
$23.95M – $31.93M
NOI $1,915,834 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Lakeview Village Center — 12346 Woodside Ave, Lakeside, CA 92040
- River Shopping Center — River Shopping Center, 10199 Riverford Rd, Lakeside, CA 92040
- Central Lakeside Shopping Center — 9740 Winter Gdns Blvd, Lakeside, CA 92040
- Coinstar Kiosk | Bitcoin ATM — Albertsons, 9560 Winter Gardens Blvd, Lakeside, CA 92040
Frequently Asked Questions
What type of property is this?
Shopping center - Four retail properties in Lakeside shopping center, 95% occupied.
Where is this shopping center located?
The property is located at 9720-9769 Winter Gardens Blvd Portfolio Lakeside, CA.
What is the asking price?
The asking price for this property is $19,800,000.
What are key features of this property?
This property features: 95% Occupancy Rate; Part of Central Lakeside Shopping Center; Four Retail Properties Included
