Rhino Investments Group Expands Portfolio with Grocery-Aligned Retail Acquisition in Oxnard

Oxnard, California, has become the latest beneficiary of strategic investment as Rhino Investments Group, a notable commercial real estate investment firm, recently acquired Pleasant Valley Plaza, a neighborhood shopping center anchored by a grocery store. This acquisition, finalized on December 30, 2025, underscores the firm’s commitment to enhancing its portfolio with value-add and necessity-based retail assets.

Details of the Acquisition

Pleasant Valley Plaza spans approximately 81,128 square feet, developed across a 7.93-acre site at the bustling intersection of Pleasant Valley Road and Saviers Road. This prime location sees an average daily traffic flow of around 38,000 vehicles, reflecting its accessibility and appeal. Currently 95% leased, the shopping center is anchored by La Plaza Meat Market, a regional Hispanic grocery chain that recently secured a new ten-year lease starting in 2025.

The shopping center boasts a stable tenant base, with roughly 70% of retail shops operating there since at least 2018, highlighting the site’s operational consistency and popularity. There are also opportunities for future development, supported by entitlements for up to three single-tenant outparcels, enhancing the investment's potential.

Strategic Fit for Rhino Investments Group

Sanjiv Chopra, CEO of Rhino Investments Group, expressed enthusiasm about the acquisition, stating, "This acquisition aligns directly with our strategy of investing in necessity-based, grocery-anchored retail centers with strong tenancy, embedded growth, and long-term relevance within their communities."

Chopra emphasized how Pleasant Valley Plaza offers a blend of stable current income while providing multiple avenues for growth, particularly in a high-barrier coastal California market. The property accommodates a favorable parking ratio of 8.38 spaces for every 1,000 square feet, further elevating its attractiveness to potential tenants and shoppers alike.

In addition to its current income flow, the neighborhood's demographics also support Rhino's strategic vision. The predominantly Hispanic population around Oxnard and the proximity to significant employment centers, such as the Port of Hueneme and Naval Base Ventura County, stimulates regional economic activity and promise for retail growth.

Looking Ahead: Plans for Development and Community Engagement

Rhino Investments Group is not just acquiring property; it is committed to enhancing the operational potential of Pleasant Valley Plaza. Immediate plans include strategic leasing initiatives aimed at increasing cash flow while simultaneously offering community utility through its retail footprint.

The firm is focused on maximizing tenant satisfaction and community engagement. By repositioning the shopping center as a local hub, Rhino aims to create a space that serves the community’s needs while also facilitating economic growth.

About Rhino Investments Group

Founded with the intent to acquire and manage assets with value-add potential, Rhino Investments Group concentrates on necessity-based retail and commercial properties across select markets in the United States. Their approach combines disciplined acquisitions with proactive asset management to build long-term value and satisfaction for investors, tenants, and the communities they operate within.

For additional information on Rhino Investments Group and their portfolio, visit www.rhinoig.com.