32450 Clinton Keith Rd - Drug Store FOR SALE


Wildomar, CA 92595
$5,900,000 USD
310-766-5205
32450 Clinton Keith Rd, Wildomar, CA for Sale
$5,900,000 USD
Drug Store - FOR SALE
1/6
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32450 Clinton Keith Rd
Wildomar, CA 92595


HIGHLIGHTS

  • 17,272 Sf Building (Vacant) - Situated on a 1.51 Acre Parcel
  • Hard-Corner Signalized Location (Clinton Keith Rd. and Palomar Street)
  • Strong Surrounding Demographics (120,900+ People and $138,100+ AVG HHI)
  • Equipped with a Dual Lane Drive-Thru
  • Built In 2007 - Zoned C-1/C-P
  • 34,000 VPD at the intersection of Clinton Keith Rd. and Palomar Street

OVERVIEW

The Snyder Carlton Team is pleased to present for sale the former Rite Aid Drugstore located at 32450 Clinton Keith Rd., Wildomar, CA (Riverside MSA). The subject property is well-positioned at the signalized intersection of Clinton Keith Rd. and Palomar Street. Total frontage along Clinton Keith Rd. is 145 feet, and total frontage along Palomar Street is 172 feet. The 17,272 SF building was built in 2007 and is situated on a 1.51-acre parcel. The property is zoned C-1/C-P. The property is equipped with 60 surface parking spaces, a dual-lane drive-thru, and a monument sign. Rite Aid has vacated the building, and the property is being offered for sale “as-is” without any lease in place. The subject property is located within close proximity to the 15 Freeway. Nearby retailers include Barons Market, Stater Bros., Chase, Del Taco, Jack In The Box, Dunkin, Habit Burger, Taco Bell, Albertsons, Starbucks, Panda Express, McDonald’s, and US Bank. Within a 5-mile radius, there are 120,900+ people with an average household income of over $138,100. This is an excellent re-positioning opportunity for an owner-user, retailer, or developer to utilize the existing building/improvements. Ideal for pharmacy, grocery, medical, fitness, daycare or other large-format retail users. The property offers strong visibility and access with attractive surrounding demographics in a high barrier to entry market.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid (Dark)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

CROSS STREETS

Palomar St

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

C-1/C-P

APN/PARCEL ID

380-130-027

ASK ABOUT THIS PROPERTY

Adam FriedlanderColliersMore Info
310-766-5205

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Adam FriedlanderColliersMore Info
310-766-5205

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