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Temecula, CA - Fitness 19 & Shops

$10,504,000

32909 Temecula Pkwy, Temecula, CA

Active
Last Updated: 03/29/2025

6.45

Cap Rate

677,500

NOI

Details:
Cap Rate:    6.45%
NOI:    $677,500
Building Size:    30,057 sqft
Description:

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, Smart & Final shadow anchored strip located in Temecula, California. The offering consists of a diverse, ecommerce resistant lineup comprised of retail, service, and fitness tenants, creating a stabilized income stream for a future investor. A majority of the tenants operate under leases which are NNN in nature, minimizing expense leakage for a future investor.

The center is ideally located at the signalized, hard corner intersection of Temecula Parkway and Butterfield Stage Road which serves over 98,000 vehicles per day. Furthermore, the site is strategically located on the main thoroughfare between the Interstate 15 and the expanding Temecula wine vineyards, making the site a centralized location with easy commutes. In addition, the site is within walking distance from Redhawk Towne Center, a 430,000 SF power center anchored by Walmart Supercenter, Kohls, Ross, Marshalls, and more. The center is within close proximity of multiple apartment complexes including The Vineyard at Paseo Del Sol (288 units), Madera Vista (110 units), Temecula Creek Villas (180 units), and more, providing a direct consumer base from which to draw.

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