For Sale
$18,876,000

30472 Haun RdMenifee, CA 92584

Added:
Dec 11, 2024
Days on market:
114

Highlights

  • Fee simple interest in a long-term ground lease with Lowe's as the tenant; a passive investment opportunity with Lowe's responsible for all repairs and maintenance.
  • Investment-grade tenant (S&P BBB+), Lowe's, a top global retailer, occupies the property.
  • Located in a 100% occupied, 721,858 square foot community shopping center with strong co-tenants including Super Target, Kohl's, Best Buy, and others.
  • High visibility and accessibility with frontage on a major road and proximity to an interstate on/off ramp.
  • Offered below current land value due to Lowe's covering all improvements, resulting in a low base rent.
  • Part of a dominant, over 1 million square foot shopping center in a high-income, affluent trade area in Riverside County.

Property Details for 30472 Haun Rd

Property type
Lifestyle centers, Power centers
Square Feet
139,410 SF
Year Built
2008
Buildings
1
Lot Size (sq. ft)
566,280 SF
Units
1

Location Insight

City
Menifee
County
Riverside
State
California
Latitude
33.6784937
Longitude
-117.1724641
30472 Haun Rd, Menifee, California

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30472 Haun Rd
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