Rhino Investments Group Announces Sale of Prime Retail Property in Madera, CA

Rhino Investments Group Announces Sale of Prime Retail Property in Madera, CA

Madera, CA, July 05, 2024 –Rhino Investments Group Announces Sale of Prime Retail Property in Madera, CA

Rhino Investments Group, a leading commercial real estate investment firm, is thrilled to announce the successful sale of a prime retail property located at 1105 Country Club Drive, Madera, CA. The property, a 3,000 square-foot single-tenant building leased to STIIIZY, a well-known cannabis retailer.

The STIIIZY property is strategically located within the recently redeveloped Country Club Village shopping center, a high-traffic area anchored by CVS Pharmacy. The property boasts a new 10-year NNN lease with minimal landlord responsibilities, offering a stable and attractive investment opportunity.

“We are extremely excited about this sale,” said Sanjiv Chopra, a representative from Rhino Investments Group. “This transaction underscores our commitment to identifying and capitalizing on high-quality investment opportunities in key markets. The property’s prime location, strong tenant, and the long-term lease make it a valuable asset, and we are confident it will be a great addition to the buyer’s portfolio.”

The Country Club Village shopping center is situated adjacent to Highway 99, which sees approximately 84,000 vehicles per day, and serves as a major thoroughfare connecting Fresno and Sacramento. The center benefits from strong demographics, with over 86,000 residents within a 5-mile radius and the anticipated growth from the nearby North Fork Rancheria of Mono Indians Hotel & Casino development.

Rhino Investments Group continues to focus on growing its retail portfolio through strategic acquisitions and timely sales of high-performing assets.