* Development Land Portfolio Opportunity – Includes two (2) development land parcels featuring an approximately 1-acre Newport Road fronting “pad” parcel and a large, approximate 18.39-acre parcel * Commercial Use Flexibility – Zoned Commercial Retail (CR) within the Cal Neva Specific Plan, allowing for neighborhood, local, and regional serving retail and services uses including hotel uses – the permissible development density is between the minimum and maximum floor area ratio (FAR) of 0.20-0.35 * High-Traffic Newport Road Location, Freeway Proximate with Regional Accessibility – Ideally situated on Newport Road, the primary east/west arterial in Menifee with approximately 40,000-50,000 CPD and immediately west of the exit from the CA I-215 (±82,200 CPD), one of the region’s busiest freeways providing access to Orange, San Diego, and Inland Empire Counties * Proven Retail Location – The larger Shops at Newport project has already been developed with a STNL McDonald’s and a 3-tenant retail strip center with Dunkin’ Donuts and Dunn-Edwards – Newport Road is THE retail hub for Menifee with retailers including Target, Lowe’s, Ralphs, Aldi, TJ Maxx, Best Buy, Ross, In-N-Out, Starbucks, Chipotle and many others * Affluent Inland Empire Demographics – Average Household Income exceeds $100,000 within the 1, 3, and 5-mile radius rings