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27364 Jefferson Ave

3,000 SF Retail Building Temecula, CA 92590 £1,185,015 (£395/SF) 3.80% Net Initial Yield

Investment Highlights

  • NNN - 4 cap - Year 1
  • 80,000+/- CPD
  • NNN - 6 Cap - Market Rent
  • 300 feet from Corner Winchester / Jefferson

Executive Summary

5-6 Cap achievable using conservative rent comps in the immediate area.
Potentially open to owner user in near future. Contact broker for details.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
B
Year Built
1990
Price
£1,185,015
Price Per SF
£395
Net Initial Yield
3.80%
NOI
£45,031
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Land Acres
0.40 AC
Zoning
SP-14 - Various Commercial uses allowed by right. See attached CC&RS for allowed uses per managing association.
Parking
20 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
66 ft on Jefferson Ave

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Benjamin Moore - Paint Garden
  • Retailer
  • 2,950 SF
  • £1.26
  • Triple Net
  • May 2025
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Benjamin Moore - Paint Garden Retailer 2,950 SF £1.26 Triple Net May 2025

Nearby Major Retailers

ColorTyme
U.S. Bank
Starbucks
Sky Zone
Benihana
Corner Bakery Cafe
Chase
CYCLEBAR
Food 4 Less
Country Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
910-282-020
Land Assessment
£326,489
Improvements Assessment
£447,756
Total Assessment
£774,245
  • Listing ID: 33297435

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 27364 Jefferson Ave, Temecula, CA 92590

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