28881 Newport Rd | Menifee, CA 92584
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28881 Newport Rd
Menifee, CA 92584
Archibald's Drive-Thru · Retail Property For Sale
Investment Highlights
- Single-Tenant Absolute NNN 25-Year Lease With Archibald’s Drive-Thru
- Successfully operated at this location since 2017; Strong sales and personal guaranty
- Affluent Demographics; $105,000 Average Household Income Within 1 Mile
- Brand new 25-year absolute NNN lease commencing at the close of escrow
- Located at the Signalized Intersection of Newport Road and Menifee Road: Stater Bros., CVS/Pharmacy, and Rite Aid are located at the same intersection
- Primary Retail Thoroughfare: Newport Road is the longest east/west thoroughfare in the Temecula Valley
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,634 SF
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
PROPERTY TAXES
| Parcel Number | 364-030-015 | Improvements Assessment | $2,580,081 |
| Land Assessment | $780,645 | Total Assessment | $3,360,726 |
PROPERTY TAXES
Parcel Number
364-030-015
Land Assessment
$780,645
Improvements Assessment
$2,580,081
Total Assessment
$3,360,726
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