Description
Stagecoach Plaza is located at the northwest corner of W. Ramsey Street and Sunset Avenue in the city of Banning, CA. The listing consists of 2 parcels (APNs: 537-090-059 & 537-090-058) totaling approximately ±3.96 acres or ±172,497 SF of land area.
The subject consists of one retail building totaling approximately ±52,264 SF. Stagecoach Plaza provides ±377 parking stalls. Stagecoach Plaza was built in 1972. The site is currently zoned as “GC – General Commercial”.
Offering Summary
- Asking Price$4,616,000
Sale Details
- Walt1.44 Years
- Cap Rate6.25%
- NOI$288,504
- Stabilized Cap Rate8.43%
- In-Place Cap Rate6.25%
- Rents Below Market46%
- Investment Period10 Years
- Unlevered IRR8.99%
- Levered IRR11.50%
Documents
Property Address
3403-3404 & 3453 West Ramsey Street
Banning, CA 92220
Property Details
- Property TypeRetail
- Gross Leasable Area123 SF
Deal Team

Shermin Manalel
Sales Development Specialist Sales Development Specialist
DuxreOne


