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301 West Pleasant Valley Road

Sanjiv Chopra Of Rhino Investments Group Acquires Pleasant Valley Plaza In Oxnard For $20.33M
SOLDRetail

Sanjiv Chopra Of Rhino Investments Group Acquires Pleasant Valley Plaza In Oxnard For $20.33M

301 West Pleasant Valley Road

Building Size

80,915 SF

Asset Type

Retail

Closing

Jan 12, 2026

AI

Rhino Investments Group purchased a retail property located at 301 West Pleasant Valley Road in Oxnard. The asset is a grocery-anchored shopping center consisting of 80,915 square feet and spans across 7.93 acres. The sale price reached $20,325,000, translating to a price per square foot of $251.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $20,325,000
  • Address: 301 West Pleasant Valley Road
  • Market: Oxnard
  • Square Footage: 80,915
  • Price per Square Foot: $251
  • Buyer: Sanjiv Chopra - Rhino Investments Group
  • Sellers' Representatives: Kevin Fryman & Sean Cox - Hanley Investment Group
  • Notes: The acquisition includes a recently renewed 10-year lease with Tresierras Supermarket, below-market shop rents, and three undeveloped outparcel pads for future NOI potential.

Key individuals involved in the transaction include Sanjiv Chopra representing Rhino Investments Group as the buyer. The seller was represented by Kevin Fryman and Sean Cox from Hanley Investment Group, who facilitated the deal for the shopping center.

Players

Kevin Fryman

Hanley Investment Group

Broker

$539.7M

vol

37 deals

Broker
Hanley Investment Group
Hanley Investment Group Brokerage
Sanjiv Chopra

Sanjiv Chopra

Rhino Investments Group

Buyer

$42.8M

vol

2 deals

Buyer
Rhino Investments Group
Rhino Investments GroupBuyer

Oxnard Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93