Butterfield Station

32909 Temecula Parkway, Temecula, CA

Market Price

Price

$1,416,003

NOI

65,455 sqft

Building Size

Gallery
Street
Map
Overview
NOI
$1,416,003
Building Size
65,455 sqft
Lot Area
6.83 acres
Occupancy
100%
Year Built
2007
Tenancy
Multiple
Description

Butterfield Station is a 100% occupied grocery anchored center. Smart & Final recently signed a 15-year lease and will be open for business in Spring of 2024. In addition to the recent Smart & Final lease, the center has a strong track record of lease renewals and long term extensions.

Highlights
  • Butterfield Station is 100% occupied and features daily needs retailers including Smart & Final, Fitness 19, Subway and Wells Fargo (NAP, available for sale separately)
  • The center has had excellent recent leasing momentum. In addition to Smart & Final, recent leases or extensions have been signed with Fitness 19, Snow Crab, Canny Nails and Wells Fargo (NAP)
  • Butterfield Station is anchored by Smart & Final, which recently signed a long term lease (opening Spring 2024)
  • The center is located along Temecula Parkway (51,823 VPD) and benefits from excellent curb appeal and excellent visibility
  • Temecula is in the southwestern region of the Inland Empire, and is well-positioned between Los Angeles and San Diego
  • Average household incomes exceed $118,000 within a 5-mile radius of the subject property
Documents
Title
ButterfieldStation_TemeculaCA.pdf
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Location
Gallery