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Shopping Strip

Los Amigos

29640 Goetz Rd, Menifee, CA 92587

Listing Price: $2,000,000

Cap Rate
6.24%
Gross SF
3,200
Rentable SF
3,200
Price/Gross SF
$625.00
Lot Size
0.80 acres
Year Built
2024

Investment Overview

This investment opportunity features a strategically located property at the intersection of Vista Way and Goetz Rd, + 32,000 CPD. The site benefits from proximity to both residential and commercial areas, ensuring consistent foot traffic and high visibility.

This brand new pride of ownership asset features a drive thru and is a newly constructed building (2024). The property offers over 120 linear feet of frontage on Goetz Road, a primary commuter route with over 10,410 cars per day.
Operating under a NNN lease, the tenant is responsible for repairs and maintenance, making this an attractive option for passive investors. The long-term lease spans 14 years, with two additional 5-year renewal options, providing stability and income security.

Demographics are impressive with over 10,000 residents within a 1-mile radius boasting an average household income of over $126,000, and more than 62,000 residents within 3 miles averaging over $110,000.

Investment Highlights

  • +32,000 CPD
  • 14-Year Lease with Increases
  • New 2024 Construction

Exclusively Listed By

Shopping Strip

Los Amigos

Listing Price: $2,000,000

Cap Rate
6.24%
Gross SF
3,200
Rentable SF
3,200
Price/Gross SF
$625.00
Lot Size
0.80 acres
Year Built
2024

Investment Highlights

  • +32,000 CPD
  • 14-Year Lease with Increases
  • New 2024 Construction

Investment Overview

This investment opportunity features a strategically located property at the intersection of Vista Way and Goetz Rd, + 32,000 CPD. The site benefits from proximity to both residential and commercial areas, ensuring consistent foot traffic and high visibility. This brand new pride of ownership asset features a drive thru and is a newly constructed building (2024). The property offers over 120 linear feet of frontage on Goetz Road, a primary commuter route with over 10,410 cars per day. Operating under a NNN lease, the tenant is responsible for repairs and maintenance, making this an attractive option for passive investors. The long-term lease spans 14 years, with two additional 5-year renewal options, providing stability and income security. Demographics are impressive with over 10,000 residents within a 1-mile radius boasting an average household income of over $126,000, and more than 62,000 residents within 3 miles averaging over $110,000.

Exclusively Listed By

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