7238-7268 Murieta Dr - Restaurant FOR SALE


Rancho Murieta, CA 95683
$8,300,000 USD
916-508-9556
7238-7268 Murieta Dr, Rancho Murieta, CA for Sale
$8,300,000 USD
Restaurant - FOR SALE
1/17
null | 8.09% Cap Rate

7238-7268 Murieta Dr
Rancho Murieta, CA 95683


HIGHLIGHTS

  • 82% Occupancy - 39 Total Units
  • Current NOI: $671,459.12
  • Major Recent Upgrades: New Roof and Parking Lot (Completed 2024)
  • Two Single-Story Retail Buildings and Two-Two-Story Office Buildings
  • Priced Well Below Replacement Value

OVERVIEW

PDF, powered by eXp Commercial, is pleased to present this investment opportunity: Rancho Murieta Plaza, a +/- 65,633 SF retail and office center in Rancho Murieta, CA. This well-established center serves as one of the few retail and office hubs for the community, offering convenient options for local residents and businesses. Notably, the property’s anchor tenants are the United States Postal Service and ACE Hardware, adding significant credibility and stability to the center. Additionally, major recent upgrades—including a brand-new roof and an enhanced parking lot—underscore the property’s commitment to quality and operational efficiency. Strategically positioned off Highway 16 at Murieta Drive, the property benefits from exceptional visibility and accessibility, with nearly 15,000 cars passing daily. Rancho Murieta is home to approximately 6,000 residents, and with numerous housing developments underway and more planned for the future, the built-in client base is poised for continued growth. Zoned Light Commercial (LC) by Sacramento County, Murieta Plaza is ideally suited for a variety of retail and office applications. Valued at $8,300,000—translating to approximately $126.46 per square foot—this property is priced well under replacement value, making it an ideal investment opportunity. This offering presents a compelling investment in an area with strong demand for commercial space. Please inquire for further details regarding the rent roll and expenses.

FOR SALE DETAILS

PRICE

$8,300,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

8.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murieta Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

265

LAND DETAILS

LAND ACRES

7.2 AC

LAND SF

313,632 SF

ZONING

LC

APN/PARCEL ID

073-0460-017

ASK ABOUT THIS PROPERTY

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916-508-9556

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916-508-9556

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