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17600 Collier AveLake Elsinore, CA 92530

47-acre I-15 freeway site, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 47.23-acre redevelopment opportunity presents a unique chance to acquire The Outlets at Lake Elsinore, a 318,841-square-foot shopping center situated directly on Interstate-15 in Lake Elsinore, California. The property boasts a prime location with over half a mile of frontage along the freeway, connecting San Diego to Las Vegas. Currently 57% occupied, the eight-building complex offers significant potential for repositioning and redevelopment. The site's Community Commercial (CC) zoning allows for a diverse range of uses, including the incorporation of residential components. With a strong labor pool and affluent consumer base within a 15-mile radius (over 647,322 people, 203,579 households, average household income $124,446), this location offers unparalleled visibility and accessibility. The property benefits from excellent infrastructure, including access to major freeways (I-15, I-10, I-215, SR 91, SR 71, SR 60), airports (Ontario & San Bernardino International), railroads, freight forwarders, and the ports of Long Beach and Los Angeles. The proximity to the large Lake Elsinore and its surrounding residential and retail amenities further enhances its appeal. This presents an ideal opportunity for an owner-user seeking immediate scale or a developer envisioning a mixed-use project, capitalizing on the explosive growth of Lake Elsinore and the scarcity of comparable freeway-fronting sites. The existing buildings could also be repurposed for educational or religious uses. The remaining lease term on the current tenants is 1.1 years.

Highlights

  • 47.23-acre redevelopment opportunity in the Inland Empire, situated on I-15 in Lake Elsinore, CA.
  • 318,841-square-foot shopping center (The Outlets at Lake Elsinore) with 0.5-mile of I-15 frontage; currently 57% occupied.
  • Community Commercial (CC) zoning allows for diverse uses, including residential components.
  • Strong demographics within a 15-mile radius (over 647,322 people, 203,579 households, $124,446 average household income).

Property Details for 17600 Collier Ave

Property type
Lifestyle centers, Power centers
Square Feet
318,841 SF
Buildings
8
Lot Size (sq. ft)
2,057,339 SF

Location Insight

City
Lake Elsinore
County
Riverside
State
California
Latitude
33.701023
Longitude
-117.352383
17600 Collier Ave, Lake Elsinore, California

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17600 Collier Ave
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