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Shopping Strip

The Vineyard - Pad G

28210 Clinton Keith Rd, Murietta, CA 92562

Listing Price: $7,732,000

Cap Rate
5.25%
Gross SF
8,960
Rentable SF
8,960
Price/Gross SF
$862.95
Lot Size
1.66 acres
Year Built
2022

Investment Overview

The subject property is a brand-new construction ±8,960 square foot multi-tenant retail strip located in Murrieta (Riverside County), California. The building was constructed in 2022 and is outparcel to a brand new construction Costco Wholesale which is scheduled for an August 2022 grand opening. The asset benefits from a synergistic mix of restaurant tenants and service-based tenants, with staggered rental increases providing a strong hedge against inflation.

Investment Highlights

  • Brand New 2022 Construction Multi-Tenant Strip – Fee Simple NNN Leases in Southwest Riverside County Featuring Staggered Rental Increases with Minimal Landlord Responsibilities | Tenants Include Blaze
  • Features Easy Access and Excellent Visibility on Clinton Keith Road to Over 27,000 Vehicles Per Day | Direct Access to I-215, the Escondido Freeway, which Boasts Daily Traffic Counts of 105,000 VPD
  • Strong Retail Corridor – Outparcel to an Upcoming, Brand-new Construction Costco Wholesale | Strong Retail Synergy with Upcoming New Construction Co-tenants
  • Co-tenants Including Starbucks, Aldi, Farmer Boys, Quick Quack Car Wash, Accelerated Urgent Care, Raising Cane's, Chick-Fil-A, Chipotle, Chase Bank, and many more | Across I-215 from The Orchard at Stone Creek which Includes a Super Target, Tractor Supply, Dollar Tree, Bank of America, Arco, Verizon Wireless, and Many More
  • Excellent Centralized Location – Directly Across Clinton Keith Road from Vista Murrieta High School (Over 3,500 Students) | Surrounding Cities Include Menifee to the North, Temecula to the South and East, Wildomar to the West – the San Diego County Border is just south of Temecula, and the Site Benefits from Seamless Regional Access Provided by the Interstates 15 (I-15), the Corona Freeway, and 215 (I 215), the Escondido Freeway.
  • Numerous Schools Nearby with Strong Student Populations Including University of California, Riverside (±22,000 students), Riverside City College (±20,600), California State University, San Marcos (±14,000 students), Vista Murrieta High School (±3,500 students), Murrieta Mesa High School (±2,500 students), Murrieta Valley High School (±2,250 students), and Many More.
  • Features Dense Population and Highly Affluent Area – Nearly 79,000 People Reside in a Three-Mile Radius, Over 200,000 in a Five-Mile Radius, and an Impressive Average Household Income of $130,000 per year and $115,000 per year in a One-Mile Radius and Three-Mile Radius, Respectively

Exclusively Listed By

Financing By

Shopping Strip

The Vineyard - Pad G

Listing Price: $7,732,000

Cap Rate
5.25%
Gross SF
8,960
Rentable SF
8,960
Price/Gross SF
$862.95
Lot Size
1.66 acres
Year Built
2022

Investment Highlights

  • Brand New 2022 Construction Multi-Tenant Strip – Fee Simple NNN Leases in Southwest Riverside County Featuring Staggered Rental Increases with Minimal Landlord Responsibilities | Tenants Include Blaze
  • Features Easy Access and Excellent Visibility on Clinton Keith Road to Over 27,000 Vehicles Per Day | Direct Access to I-215, the Escondido Freeway, which Boasts Daily Traffic Counts of 105,000 VPD
  • Strong Retail Corridor – Outparcel to an Upcoming, Brand-new Construction Costco Wholesale | Strong Retail Synergy with Upcoming New Construction Co-tenants
  • Co-tenants Including Starbucks, Aldi, Farmer Boys, Quick Quack Car Wash, Accelerated Urgent Care, Raising Cane's, Chick-Fil-A, Chipotle, Chase Bank, and many more | Across I-215 from The Orchard at Stone Creek which Includes a Super Target, Tractor Supply, Dollar Tree, Bank of America, Arco, Verizon Wireless, and Many More
  • Excellent Centralized Location – Directly Across Clinton Keith Road from Vista Murrieta High School (Over 3,500 Students) | Surrounding Cities Include Menifee to the North, Temecula to the South and East, Wildomar to the West – the San Diego County Border is just south of Temecula, and the Site Benefits from Seamless Regional Access Provided by the Interstates 15 (I-15), the Corona Freeway, and 215 (I 215), the Escondido Freeway.
  • Numerous Schools Nearby with Strong Student Populations Including University of California, Riverside (±22,000 students), Riverside City College (±20,600), California State University, San Marcos (±14,000 students), Vista Murrieta High School (±3,500 students), Murrieta Mesa High School (±2,500 students), Murrieta Valley High School (±2,250 students), and Many More.
  • Features Dense Population and Highly Affluent Area – Nearly 79,000 People Reside in a Three-Mile Radius, Over 200,000 in a Five-Mile Radius, and an Impressive Average Household Income of $130,000 per year and $115,000 per year in a One-Mile Radius and Three-Mile Radius, Respectively

Investment Overview

The subject property is a brand-new construction ±8,960 square foot multi-tenant retail strip located in Murrieta (Riverside County), California. The building was constructed in 2022 and is outparcel to a brand new construction Costco Wholesale which is scheduled for an August 2022 grand opening. The asset benefits from a synergistic mix of restaurant tenants and service-based tenants, with staggered rental increases providing a strong hedge against inflation.

Exclusively Listed By

Financing By

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