Neighborhood Retail Center Anchored by National Credit Tenants

Highlights:

• High Quality Neighborhood Retail Center Sunset Point Shopping Center is a well located retail center totaling approximately 30,691 SF, currently 91.1% occupied with near term upside through lease up of remaining vacant space and contractual rent growth.
• Attractive Anchors & Daily Needs Tenant Mix Anchored by Outback Steakhouse and a new Starbucks, the center benefits from national credit tenancy complemented by a strong roster of service oriented, daily needs shops that drive consistent foot traffic and long term demand.
• Demonstrated NOI Growth The property offers in place rents that are below market, providing a clear runway for income growth through lease renewals and tenant turnover.
• NNN Lease Structure with Expense Reimbursements Tenants operate under NNN lease structures, reimbursing property taxes, insurance, and CAM, resulting in efficient expense pass-throughs and durable cash flow.
• Institutional Barriers to Entry Submarket Stevenson Ranch is a highly desirable, supply constrained submarket of Santa Clarita Valley, benefiting from strong household formation, limited competing retail development, and consistent tenant demand.
• Strategic Freeway Oriented Location Positioned along The Old Road, just off Interstate 5, the property benefits from exceptional regional accessibility and exposure to commuter traffic, Six Flags Magic Mountain visitors, and nearby residential neighborhoods.
• Strong Demographics Supporting Retail Performance The immediate trade area features average household incomes exceeding $160,000 within a 3-mile radius, supporting discretionary spending and long term tenant sustainability.
• Attractive Basis & Return Profile Offered at approximately $355 PSF and a 6.35% Year 1 cap rate, Sunset Pointe Shopping Center presents a compelling entry point relative to replacement cost with meaningful upside through active management and market rent growth.
• Dominant Retail Adjacency & Freeway Access Immediate access to Interstate 5 with adjacent on/off-ramps; situated directly across from high-traffic retailers including In-N-Out and McDonald’s.
• Recent Capital Improvements Ownership recently completed a roof replacement for the main retail building with warranty in place and has addressed parking lot repairs, reducing near-term capital expenditure requirements for a new investor.

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