Fitness 19 & Shops | 32909-32937 Temecula Pky S
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Fitness 19 & Shops 32909-32937 Temecula Pky S
30,057 SF 100% Leased 4-Star Retail Building Temecula, CA 92592 $11,105,000 ($369/SF) 6% Cap Rate
Investment Highlights
- Strategically located on the main thoroughfare between the Interstate 15 and the expanding Temecula wine vineyards
- Dedicate and plenty of parking
- Centralized location with easy commutes.
- Temecula Parkway and Butterfield Stage Road which serves over 98,000 vehicles per day
Executive Summary
SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, Smart & Final shadow anchored strip located in Temecula, California. The offering consists of a diverse, ecommerce resistant lineup comprised of retail, service, and fitness tenants, creating a stabilized income stream for a future investor. A majority of the tenants operate under leases which are NNN in nature, minimizing expense leakage for a future investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
30,057 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Price
$11,105,000
Price Per SF
$369
Cap Rate
6%
NOI
$666,321
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.24
Land Acres
2.83 AC
Zoning
SP-10 - Commercial: Specific Plan (SP-10) - Vail Ranch
Parking
343 Spaces (11.41 Spaces per 1,000 SF Leased)
Frontage
488 FT on Temecula Pky
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,353,000 | |
| Land Assessment | $4,029,000 | Total Assessment | $14,382,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,029,000
Improvements Assessment
$10,353,000
Total Assessment
$14,382,000
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Joe Chichester -
John Redfield -
Kyle Zimmer -
SRS National Net Lease
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Fitness 19 & Shops | 32909-32937 Temecula Pky S
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