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30171 Haun Road - Town Center Marketplace, Menifee, CA

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30171 Haun Road - Town Center Marketplace

Menifee, CA 92584 - South Riverside Submarket

(2.1 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2016
Building Size:1,400 SF Land Area:-
For Sale Price:$2,500,000 Price/SF:$1,785.71
Cap Rate:4.40 %
Features:Signage, Drive Thru

Sale Notes:
* Long Term Ground Lease SONIC Drive-In is on a long term twenty (20) year lease with two (2) five (5) year options to renew

* Publically Traded Tenant SONIC Corp (Nasdaq: SONC) has revenue of $619 million, and an estimated market capitalization of $1.37 billion and over 3,500 locations

* Prototypical Store Brand new development with 14 drive in stalls and full drive-thru lane enhances the property' s future leasing flexibility

* Commercial Route Frontage Part of Town Center Marketplace, which boasts more than 1,100 linear feet of frontage along Haun Road and 550 linear feet along Newport Road

* Menifee Town Center Master Plan Located within the 95,531 SF Town Center Marketplace (TCM), the retail anchor of Menifee Town Center, a 172-acre master planned community including five (5) distinct neighborhoods encompassing more than 850 residential dwellings, the city' s first movie theatre (Kirkorian 12-screen cinema), a new city hall, and a new county courthouse (

* 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
* Desirable Regional Location SONIC Drive-In is at the center of Menifee' s vibrant growing retail core that includes adjacent national tenants such as: Lowe' s, Super Target, Kohl' s, TJ Maxx, Home Goods, LA Fitness, Aldi, Ralphs, Ross, CVS, PetSmart, Michael' s, Party City, F21, ULTA, El Pollo Loco, Chipotle, BJ' s Restaurant, Panera Bread, Applebee' s, In-N-Out, McDonalds, Krispy Kreme, Starbucks, Habit Burger, Jimmy John' s and others comprising nearly 1,250,000 SF of high quality retail creating a strong regional draw at this freeway intersection

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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