23401 civic center way
MALIBU, CA 90265
PRICE
$87,000,000
BUILDING SIZE
39,350 SF
LOT SIZE
259,618 SF
CAP RATE - Approx.
NOI -
Approx.
OCCUPANCY
4.5%
$3,880,000
100%
The Brandon Michaels Group, as Exclusive Advisor, is Pleased to Present Qualified Investors with the Opportunity to Acquire The Park at CrossCreek Towne Center, a Premier Retail Destination in the Heart of World-Renowned Malibu, CA
The Park at Cross Creek is a 39,350-square-foot, grocery-anchored trophy shopping center situated in one of the most coveted submarkets in the world. Anchored by Whole Foods Market—the only Whole Foods serving the affluent communities of Malibu, Pacific Palisades, Agoura Hills, Hidden Hills, and Calabasas—the center is a key retail hub catering to both local residents and the influx of tourists that visit the area annually.
As the primary shopping and dining destination for residents of Malibu, Pacific Palisades, Calabasas, Agoura Hills, and Hidden Hills, The Park at Cross Creek offers an unparalleled retail experience. Its sophisticated architectural design, lush landscaping, ample parking, multiple outdoor seating and dining areas, and a dedicated children’s play space create an inviting and memorable atmosphere.
Malibu is globally recognized as one of the most prestigious and affluent submarkets, renowned for its breathtaking beaches, architectural masterpieces, and ultra-wealthy residents. Within a one-mile radius of the center, average household incomes exceed $200,000 per year. The location attracts not only a high-net-worth local clientele but also seasonal residents and international tourists.