Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

928 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Commerce Center Offices 27464 Commerce Center Dr

39,234 SF 90% Leased Retail Building Temecula, CA 92590 $6,200,000 ($158/SF) 5.43% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

Lee & Associates Commercial Real Estate Services is pleased to present for sale Commerce Center, a 39,234 square foot multitenant flex, retail/office building located in Temecula, California. Commerce Center offers an investor a highly desired value-add component at less than 67% of replacement cost, 78% of the square feet occupied and with below market rents on ±2.31 acres. Commerce Center enjoys close proximity to Winchester Road, Jefferson Avenue, Old Town Temecula and convenient access to Interstate 15 and is part of the Uptown Center District which is within the City of Temecula’s master planned commercial, residential and office overlay. With a diverse mix of tenants, Commerce Center creates an opportunity for an investor to acquire a steady, recession resistant income stream with considerable upside.

Brochure

Fact Sheet

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

39,234 SF

Building Class

Year Built

1991

Price

$6,200,000

Price Per SF

$158

Cap Rate

5.43%

NOI

$336,700

Percent Leased

90%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.39

Land Acres

2.31 AC

Zoning

C1, Temecula - commercial retail professional services

Parking

65 Spaces (2.13 Spaces per 1,000 SF Leased)

Frontage

229 FT on Rider Way

Amenities

Signage

Space Availability

CD
3,940 SF
Office/Retail
-
Now

27464 Commerce Center Dr, Temecula, CA for sale Floor Plan- Image 1 of 1 — Floor Plan

±3,940 SF Flex office space featuring large lobby area, 6 private offices, large lab area, private restrooms, large storeroom, small warehouse with roll-up truck door.