Shops at French Valley Marketplace | Bldg 16 | 35974 Winchester Rd
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Shops at French Valley Marketplace | Bldg 16 35974 Winchester Rd
7,226 SF 79% Leased Retail Building Winchester, CA 92596 $6,453,000 ($893/SF) 5.50% Cap Rate
Investment Highlights
- 100% Occupied | 3 Strong E-commerce Resistant Tenants | 15-Year Panera Bread With Drive-Through Access | Scheduled Rental Increases | NNN Leases
- Outparcel to French Valley Marketplace | Retail Corridor |Strong National/Credit Tenant Presence
- Brand New Construction
- Strong Demographics In 5-Mile Trade Area | Six-Figure AHHI
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a newly constructed, 100% occupied, 3-tenant retail building investment property located in Winchester, California (Temecula MSA). The offering features a strong e-commerce resistant tenant line-up, including Panera Bread, Toro Sushi, and Little Caesars. Panera Bread occupies the end cap space with drive-through access and corporate signed a 15-year term lease with three 5-year options to extend, demonstrating their commitment to the site. Little Caesars and Toro Sushi also signed 10-year leases that feature scheduled rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The leases are NNN with limited landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor. The building will feature state-of-the-art, brand new construction with modern amenities and design.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,226 SF
Building Class
B
Year Built
2024
Price
$6,453,000
Price Per SF
$893
Cap Rate
5.50%
NOI
$354,896
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
1.56 AC
Zoning
Commercial
Amenities
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Bldg 16
- 1,500 SF
- Retail
- -
- Jan 2025
Space | Size | Space Use | Position | Available |
Bldg 16 | 1,500 SF | Retail | - | Jan 2025 |
Bldg 16
Size |
1,500 SF |
Space Use |
Retail |
Position |
- |
Available |
Jan 2025 |
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Shops at French Valley Marketplace | Bldg 16 | 35974 Winchester Rd
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