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Vacant-User

RJ's Sizzlin Steer | Turn Key Restaurant & Real Estate Investment Opportunity

41401 Kalmia St, Murrieta, CA 92562

Listing Price: $3,150,000

Gross SF
7,205
Rentable SF
7,205
Price/Gross SF
$437.20
Lot Size
0.86 acres
Year Built
2006

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the opportunity to acquire 41401 Kalmia Street in Murrieta, California.

41401 Kalmia Street was built in 2006 centrally located on the signalized hard corner of Kalmia and Village Walk. This investment opportunity is part of the Village Walk Commercial Power Center
Development and currently operating as a premium steak house restaurant within a ± 7,205 square foot freestanding building with outside patio seating, full bar, and full-service dining area. The purchase price includes all FF&E and the current liquor license. The current tenant will vacate upon completion of the sale.

This opportunity is located on the NWC of Kalmia Street and Village Walk Place near the 15 Freeway and the on/off ramp of California Oaks Road (Kalmia St). The property is located at an arterial street
with traffic counts of 39,000 cars per day in the intersection of Kalmia Street and Madison Ave. The Population within a 5-mile radius is approximately 154,760 people with an expected growth of 6.34% by 2024 and a median income of $80,895. The property is strategically located in the gateway entrance of the Village Walk Power Center anchored by Jerome’s Furniture, Bob’s Furniture, Petco, Planet Fitness, Guitar Center, and many more.

Investment Highlights

  • Located less than a 1/10th of a mile SW of the 15 freeway, the property has superior access via the Kalmia/California Oaks exit ramp.
  • The Property, with building and monument signage, enjoys excellent visibility to Kalmia Street, Madison Avenue and I-15 at California Oaks Road (±150,000 cars per day).
  • The Property benefits from the additional traffic generated by Village Walk and Madison Center's additional tenants not included in the offering. Tenants include Lowe's, Kohl's, Panera Bread, Jerome's

Exclusively Listed By

Financing By

Vacant-User

RJ's Sizzlin Steer | Turn Key Restaurant & Real Estate Investment Opportunity

Listing Price: $3,150,000

Gross SF
7,205
Rentable SF
7,205
Price/Gross SF
$437.20
Lot Size
0.86 acres
Year Built
2006

Investment Highlights

  • Located less than a 1/10th of a mile SW of the 15 freeway, the property has superior access via the Kalmia/California Oaks exit ramp.
  • The Property, with building and monument signage, enjoys excellent visibility to Kalmia Street, Madison Avenue and I-15 at California Oaks Road (±150,000 cars per day).
  • The Property benefits from the additional traffic generated by Village Walk and Madison Center's additional tenants not included in the offering. Tenants include Lowe's, Kohl's, Panera Bread, Jerome's

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the opportunity to acquire 41401 Kalmia Street in Murrieta, California. 41401 Kalmia Street was built in 2006 centrally located on the signalized hard corner of Kalmia and Village Walk. This investment opportunity is part of the Village Walk Commercial Power Center Development and currently operating as a premium steak house restaurant within a ± 7,205 square foot freestanding building with outside patio seating, full bar, and full-service dining area. The purchase price includes all FF&E and the current liquor license. The current tenant will vacate upon completion of the sale. This opportunity is located on the NWC of Kalmia Street and Village Walk Place near the 15 Freeway and the on/off ramp of California Oaks Road (Kalmia St). The property is located at an arterial street with traffic counts of 39,000 cars per day in the intersection of Kalmia Street and Madison Ave. The Population within a 5-mile radius is approximately 154,760 people with an expected growth of 6.34% by 2024 and a median income of $80,895. The property is strategically located in the gateway entrance of the Village Walk Power Center anchored by Jerome’s Furniture, Bob’s Furniture, Petco, Planet Fitness, Guitar Center, and many more.

Exclusively Listed By

Financing By

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