33395 Wolf Store Rd - Service Station FOR SALE


Temecula, CA 92592
$4,444,444 USD
951-528-1718
33395 Wolf Store Rd, Temecula, CA for Sale
$4,444,444 USD
Service Station - FOR SALE
1/18
null | 4.5% Cap Rate

33395 Wolf Store Rd
Temecula, CA 92592


HIGHLIGHTS

  • BRAND NEW SINGLE-TENANT 17-YEAR GROUND LEASE
  • COMPLETE NEW CONSTRUCTION OF A 7-PUMP FUEL STATION
  • STRONG CORPORATE GUARANTY FROM THE KROGER CO. (S&P BBB)
  • 10% RENT INCREASES EVERY 5 YEARS
  • STRATEGICALLY LOCATED OFF OF TEMECULA PKWY AND BUTTERFIELD STAGE RD WHICH SERVES OVER 98,000 VPD
  • SINGLE TENANT - ABSOLUTE NNN - GROUND LEASE

OVERVIEW

Newly constructed, Single Tenant, Absolute NNN, Ralphs (Kroger) fuel station in Temecula, CA. Kroger recently signed a 17-year ground lease with 10% increase every 5 years, with 8 (5-year) options to extend the base term of the lease with 10% increases every option period. The lease is guaranteed by Ralphs’ parent company, The Kroger Co, which is the United States' largest supermarket chain by revenue and the second-largest general retailer behind only Walmart.

FOR SALE DETAILS

PRICE

$4,444,444 USD

PRICE/SF

$630 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Ralphs Fuel | New | NNN | Kroger Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

960-030-044

ASK ABOUT THIS PROPERTY

Tim McKeonHeslin Holdings, Inc.More Info
951-528-1718

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Tim McKeonHeslin Holdings, Inc.More Info
951-528-1718

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