Western Plaza Value-Add Retail

$23,000,000 Completed Value

28,200

Rancho Palos Verdes, CA

West Hive Capital is leveraging its advantageous position and deep understanding of this project, to purchase the property without competition and complete this shopping center revitalization and re-tenancy. These enhancements will transform the project from a modest refurbishment into a comprehensive renovation, promising to deliver not just aesthetic improvements but also long-term value and appeal to the community.

The project’s cost estimate is $8,400,000 to purchase and $7,000,000 for the revitalization efforts. The potential valuation of the completed project has skyrocketed to an impressive $23M+. This valuation is based on future NOI supported by Signed Leases & Letters of Intent from prospective tenants. This opportunity is currently unmatched in the marketplace.

Turning underperforming real estate
into thriving community centers