Staff Reports

Photo courtesy: Shopping Center Business
The Stater Bros. Plaza is for sale, which is located off Schaefer Ave. and Euclid Ave., in Chino.

Chino– Recently, Hanley Investment Group has been chosen to represent and place Stater Bros. Plaza on the market for $35 million. The plaza is located on the cross streets of Schaefer Ave and Euclid Ave.

Stater Bros. had previously been located on Euclid Ave. and Riverside Dr. In 2008, they relocated to this new plaza to target an area expected to grow. They are currently on a lot of 7.54 acres, and about 95% occupied. This leaves a 5% vacancy available, a total of 3 suites available at approximately 3,660 feet in total of free space.

Some of the existing tenants besides the grocery store include: restaurant and food service, general services, education, and a clothing store.

According to Hanley Investment Group Analysis, Stater Bros. Plaza is expected to steadily increase in revenues for the next 10 years.