The Chaparral Center FOR SALE


Temecula, CA
$14,500,000 USD
760-448-2449
, Temecula, CA for Sale
$14,500,000 USD
FOR SALE
1/21
null | 5.22% Cap Rate

The Chaparral Center
Temecula, CA


HIGHLIGHTS

  • Generational Asset – Rare Opportunity to Acquire the Recognizable Chaparral Center in Historical Old Town Temecula
  • Old Town Temecula Attracts Year-Round Visitors Drawn by Its Walkable Environment, Historic Charm, Wine Tourism, Live Entertainment, and Extensive Cale
  • High Barriers to Entry Due to Limited Available Inventory, Historic District Characteristics, & Constrained Redevelopment Opportunities
  • Under Market Rents – Value in Pushing Rents Long-Term – Stable Cash Flow & Diversified Rent Roll – Historically Well-Maintained Asset
  • Adjacent to New 270 Acre ALTAIR Master Planned Community – 1,750 Homes, Parks, Trails, and Recreation Facilities

OVERVIEW

The Chaparral Center at Old Town Temecula presents a rare opportunity to acquire a generational mixed-use landmark asset located along a full city block of frontage on Old Town Front Street in Temecula, California. The property consists of four buildings totaling approximately 41,232 square feet situated on 1.86 acres and is currently occupied by a diverse mix of retail, restaurant, office, and service-oriented tenants. The Chaparral Center is strategically positioned to benefit from Temecula’s continued economic and residential growth, including the nearby Altair master-planned community, which is expected to deliver approximately 1,750 new homes within walking distance of Old Town. The surrounding trade area features strong demographics, significant tourism spending, and convenient access to Interstate 15, which carries approximately 166,000 vehicles per day. With limited availability of comparable historic core properties, high barriers to entry, and a prominent location within one of Southern California’s premier destination districts, The Chaparral Center represents a unique long-term investment opportunity.

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

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