Overview

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.

• 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
• Temecula is considered to be the wine country of Southern California
• The center is directly across the street from the Paloma Del Sol and Paseo Del Sol neighborhoods, master planned communities with hundreds of single family homes. A tentative map has been approved for the last remaining undeveloped tract, which would bring an additional 168 homes and further enhance the daily needs demand in the trade area.

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