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30075 - 30091 Haun Road - Town Center Marketplace, Menifee, CA

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30075 - 30091 Haun Road - Town Center Marketplace

SWC of Newport Rd. & Haun Rd.
Menifee, CA 92584 - South Riverside Submarket

(2.1 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2016
Building Size:6,048 SF Land Area:-
For Sale Price:$5,204,000 Price/SF:$860.45
Cap Rate:5.00 %
Parking:30 Surface spaces are available; Ratio of 3.75/1,000 SF

Sale Notes:
* Trophy Asset Brand new, 100% leased to Pieology, European Wax Center and Rubio' s Coastal Grill

* Strip in Dominant Community Center Located at the signalized corner as an outpad strip to the newly constructed Town Center Marketplace, a 95,531 SF neighborhood shopping center, anchored by Aldi, PetSmart, Party City, and others

* Non Commodity Uses Internet resistant tenancy including restaurant/food (Pieology and Rubio' s Coastal Grill) and service-related uses (European Wax Center) provide fortification against competition from the internet

* Recently-Constructed, High Quality Asset 2016 construction, with no deferred maintenance or near-term capital requirements

* High Population Growth Since 2010, the city of Menifee' s population has grown by approximately 15%, and is projected to grow an additional 10% through 2021
* More than 117,000 people in a 5-mile radius with an Average Household Income exceeding $74,000

Phil D Voorhees
(949) 725-8521

Kirk Brummer
(949) 725-8418

John Read
(949) 725-8606

James Slusher
(949) 725-8507

Megan Wood
(949) 725-8423

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