39825 Avenida AcaciasMurrieta, CA 92563

  • Retail properties
  • 37,244 SF
For Sale
$8,000,000 View listing

Property Details for 39825 Avenida Acacias

Year built
2006
Construction
TILT-UP CONCRETE
Lot size
4.00 AC
Property size (Sq ft)
37,244 SF
Zone code
CC
Property type
Retail properties
APN
948-310-026
APU
948310026

Description

This exceptional 37,342 square foot retail property, located at 39825 Avenida Acacias in Murrieta, California (zip code 92563), presents a compelling investment opportunity. The property, built in 2006 and extensively renovated in 2018, sits on a four-acre lot (APN 948-310-26) and boasts a desirable Net Net Net (NNN) lease structure with a single tenant. The lease is in place until June 29, 2035, providing long-term stability and predictable income. The asking price is $8,000,000, representing a strong 6.30% capitalization rate and a price per square foot of $214.24. The building's contemporary design features an open ceiling and is fully compliant with ADA standards. Its strategic location offers excellent visibility, being easily seen from Interstate 215, and benefits from ample parking, which was repaved during the 2018 renovations. Dual highway pylon signs enhance visibility and attract customers. This standalone structure serves a large customer base in both Riverside and San Diego counties. The property's combination of strong lease terms, prime location, and attractive financial metrics makes it an ideal addition to any investment portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,047,151
    6.5%
    $13,889,678
    7%
    $12,897,558
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,464,258
    Geo Method
    $33,034,102
  • Alternative Use

    Use
    Valuation
    Residential
    $11,716,463
    Hospitality
    $10,732,217
    Educational
    $8,929,079
    Medical
    $9,236,164
    Retail
    $13,889,678

Location Insight

City
Murrieta
County
Riverside
State
California
Latitude
33.5676
Longitude
-117.18
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$84,577
$2,184,840
$5,306,040
$7,490,880
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