31,000 SQFT Sunset Pointe Shopping Center in Stevenson Ranch Lists for $10.9MM at 6.35% Cap Rate

A national-credit-anchored neighborhood retail center in the supply-constrained Santa Clarita Valley submarket of Stevenson Ranch has hit the market at a 6.35 percent capitalization rate, testing investor appetite for stabilized strip retail along the Interstate 5 corridor. Sunset Pointe Shopping Center, a roughly 30,691-square-foot neighborhood retail property at 25261, 25269 and 25289 The Old Road […]