29787 Antelope Rd - Supermarket FOR SALE


Menifee, CA 92584
$5,310,000 USD
831-325-9847
29787 Antelope Rd, Menifee, CA for Sale
$5,310,000 USD
Supermarket - FOR SALE
1/6
null | 5.4% Cap Rate

29787 Antelope Rd
Menifee, CA 92584


HIGHLIGHTS

  • Great opportunity to acquire a high-quality, single-tenant grocery asset in one of the Inland Empire’s fastest-growing communities
  • Long-term NNN lease through 05/2034 with Barons Market—an established regional grocer known for strong sales performance, curated product offerings
  • Daily-needs anchor with recession-resistant traffic, strategically positioned in Menifee’s primary retail corridor and surrounded by expanding housing
  • Excellent passive investment featuring contractual rent escalations, minimal landlord responsibilities, and durable cash flow

OVERVIEW

Barons Market at Menifee Lakes Plaza presents the investment community with an opportunity to acquire a high-quality, single-tenant grocery asset in one of the Inland Empire’s fastest-growing communities. The property is secured by a long-term NNN lease (expiration 05/2034) with Barons Market, a successful regional grocer with 9 locations and known for its loyal customer base and curated, value-driven product offerings.

FOR SALE DETAILS

PRICE

$5,310,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Menifee Lakes Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

S-P

APN/PARCEL ID

340-620-023

ASK ABOUT THIS PROPERTY

Jay GomezCBRE, Inc.More Info
831-325-9847

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Jay GomezCBRE, Inc.More Info
831-325-9847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.