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
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