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LNR Partners LLC.  PROPERTIES FOR SALE

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PROPERTY LOCATION
Sierra Vista Mall
1050 Shaw Avenue
Clovis, California 93612
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PROPERTY SUMMARY
Type: Retail
Class: C
Price: Contact Broker   Auction
Measurement/Yardstick: 503,989 Sq Ft
Number of Buildings: 19
Number of Floors: 1
Occupancy: 81%
Year Built: 1988
Year Renovated: 2006
PROPERTY DESCRIPTION
The property is a Class B/C,688,724 sf (503,989 sf collateral) regional mall offering inline shops, restaurants, plaza and theater shops and anchored by Target (not collateral), Kohl's (not collateral), Sears, MB2 Raceway and Sierra Vista Cinema 16. Built in 1988, the property consists of 19 single-story buildings. The property became REO on January 15, 2015. The property falls under a master ground lease (The McGarry Property Trust) which expires October 2038 with eight 5-yr options to extend. $25,000 monthly ground rent plus overage payment in February.
Sierra Vista Mall

For more information contact  

Thomas Dobrowski
Newmark Grubb Knight Frank
tdobrowski@ngkf.com
Tel: 212-372-0751
http://www.ngkf.com


Any information that may be provided by LNR Partners, LLC. under this “General Property Information” is for informational purposes only and is subject to change at any time without notice at the sole and absolute discretion of LNR Partners, LLC. This is not to be construed as an offer, commitment or promise of any kind by LNR Partners, LLC. Please contact the appropriate individual referred to above for more information on this property. The information provided herein has been obtained from third party sources. While LNR Partners, LLC. has no reason or basis to doubt the accuracy of such information, LNR Partners, LLC. makes no guarantee, covenant, warranty or representation about its accuracy and disclaims any liability with respect thereto. It is your responsibility to confirm that this information is accurate and complete.

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