Published on: Monday, October 7, 2024
Updated on: Wednesday, March 12, 2025
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
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Financing  Business  Material
  Shops at French Valley Marketplace | Bldg 9
35876 Winchester Rd Winchester California , 92596
35876 Winchester Rd Winchester California                                                                                          , 92596  SRS Real State Partners
Listing ID: CL-California-12338

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 5.5
Net Operating Income: $336,606.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-California-12338
Status: Sold
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2024
Building Size: 8,003.00 SqFt
Lot Size: 35,720.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly constructed, 100% occupied, 4-tenant retail building investment property located in Winchester, California (Temecula MSA).
Complete Details
Year Build: 2024
Building Size: 8,003 SqFt.
No of Stories: 1
Total Lot Area: 35720 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 100%
Full Description

Description SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly constructed, 100% occupied, 4-tenant retail building investment property located in Winchester, California (Temecula MSA). The offering features a strong e-commerce resistant tenant line-up, including Jersey Mike’s Subs, Jamba Juice, UPS, and Milano Nails. All leases have new 10-year leases with options to extend, demonstrating their commitment to the site. The lease features scheduled rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The leases are NNN with limited landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor. The building will feature state-of-the-art, brand new construction with modern amenities and design. Location The subject property is ideally situated as an outparcel to French Valley Marketplace, a 78,400 SF, brand new shopping center featuring other national/credit tenants such as Grocery Outlet, EoS Fitness, McDonald’s (Corporate), Chipotle, 7-Eleven, Auto Zone, El Pollo Loco, Panera Bread, Little Caesars, and Quick Quack Car Wash, other nearby retail centers include grocery anchored French Valley Village Center (118,600 SF), French Valley Commons (38,300 SF), and French Valley Crossings (69,000 SF / In Development). Winchester Road (28,000 VPD) is the primary retail corridor serving the trade area, with other nearby national/credit tenants including Stater Bros. Market, CVS Pharmacy, O’Reilly Auto Parts, Dollar Tree, Crunch Fitness, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the subject property. Moreover, the site is between two prominent apartment complexes, Pacific Landing Luxury Apartments (325 units) and Dakota Apartments (174 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more than 159,000 residents and 24,000 daytime employees. Residents within 3 miles of the subject property boast an affluent average household income of $142,753.

Additional Properties
Property Tenants
  • Brand/Tenant Subway, Jamba Juice, UPS
Property Highlights
  • 100% Occupied | 4 Strong E-commerce Resistant Tenants |Brand New 10-Year Leases | Scheduled Rental Increases | NNN Leases | Brand New Construction
  • Outparcel to French Valley Marketplace | Retail Corridor |Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area | Six-Figure AHHI
Features
  • Zoning Commercial
  • APN 480-990-011
  • Ownership Fee Simple (Land & Building)
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$336,606.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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35964 Winchester Rd , Winchester California                                                                                           92596
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1275 N. Hill Field Road , Layton Utah                                                                                                 84041
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Created On: 3/12/2025
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17550 Hwy 19 , New London Missouri                                                                                             63459
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Listing ID: CL-Arizona-13402
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Status: Accepting Offers
Created On: 12/30/2024
Modified On: 3/12/2025
1834 W. Grant Street , Phoenix Arizona                                                                                              85007
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Address: 4315 Pickett Rd , Saint Joseph Missouri 64503
Listing ID: CL-Missouri-12913
Listing Type: Commercial
Category: Industrial - R&D Park
Status: Sold
Created On: 11/22/2024
Modified On: 3/12/2025
4315 Pickett Rd , Saint Joseph Missouri                                                                                             64503