Hanley Investment Group Lists Stater Bros. Plaza in Chino, Calif. for Sale for $35 Million

CORONA DEL MAR, CALIF. – (RealEstateRama) — President Ed Hanley and Executive Vice President Bill Asher of Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, reports that the firm is marketing for sale Stater Bros. Plaza in Chino, Calif., for $35 million, representing a rare offering of a grocery-anchored shopping center for sale in the Inland Empire.

According to Hanley, the Stater Bros. in Chino, which is located at the intersection of Euclid Avenue and Schaefer Avenue, is a very successful store and one of the top locations in the chain. “The store’s success is a testament to the strategic decision that the company made over eight years ago to relocate to a new prototype format from a smaller and older location up the street. It’s now a high volume store in a 180-degree trade area with limited competition within a three-mile radius. The shopping center also offers tremendous future upside potential as approximately 48,000 new homes are projected to be built over the next 20 years,” Hanley stated.

Stater Bros. Plaza is located at 6939, 6989 & 7011 Schaefer Avenue in Chino, Calif. Built in 2008, the 73,600-square-foot shopping center is situated on 7.54 acres and is anchored by a 44,000-square-foot Stater Bros. The retail property is currently 95% occupied.

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Hanley Investment Group

Built on a solid foundation of performance, integrity and dedication, Hanley Investment Group Real Estate Advisors is a boutique retail investment brokerage firm with a three billion dollar transaction track record that is comprised of innovative specialists delivering unparalleled service and superior results that consistently exceed client expectations.

Hanley Investment Group’s expertise, commitment and unwavering focus of putting the client’s needs first have continued to set the company apart in the industry. Hanley Investment Group works closely with individual investors, developers, and institutional property owners in every facet of the transaction to insure that the highest value is achieved.

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Phone: (949) 585-7610

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