39400 Murrieta Hot Springs RdMurrieta, CA 92563

Property Details for 39400 Murrieta Hot Springs Rd

Lot size

10.22 AC

Property size (Sq ft)

120,000 SF

Property type

Neighborhood centers

Property subtype

Community centers

Description

Margarita Square offers 120,000 square feet of prime retail space in a thriving neighborhood shopping center. Located at the highly visible intersection of Murrieta Hot Springs Road and Margarita Road, this Class B property boasts over 63,000 vehicles passing daily, ensuring maximum exposure for your business. The center features a diverse tenant mix, including established anchors like EoS Fitness and Goodwill. Available spaces include drive-thru and freestanding pad options, perfect for a variety of businesses. Lease rates are highly competitive, with 2023 estimated monthly NNN rates of $0.55 per square foot. Individual suites are available with lockbox access for convenient viewing. The minimum divisible space is 2,760 square feet, with a maximum contiguous space of 3,595 square feet. The property sits on 10.22 acres of land, with a building floor area ratio of 0.19. This is an exceptional opportunity to establish or expand your business in a high-demand retail location. The property's APN is 913-160-066. Note that pricing, tenant mix, and availability are subject to change.

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.5551

Longitude

-117.155

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