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.