31990 Temecula Pkwy

Retail: Freestanding Bank

31990 Temecula Pkwy, TemeculaCA 92592

Property Details

Location

Address
31990 Temecula Pkwy, TemeculaCA 92592
County
Riverside
Submarket
AIR - IE South
Parcels
959090013
Cross Street
Margarita Rd/Temecula Pkwy

Building Size

Building Size
6,100 SF
Rentable Space
6,155 SF

Building Details

Type
 Retail: Freestanding Bank
Number of Buildings
1
Number of Units
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Elevators
Not present
Year Built
2001
Year Renovated
2007
Sprinklers
Total Parking
36
Parking Ratio
5.9:1,000

Land & Utilities

Land (Acres)
0.74 Acres
Land (SF)
32,243 SF
Zoning
PDO
Lot Depth
Lot Width

Contacts

Public Remarks

Highly visible shipping center with excellent accessibility and exposure in prime Temecula. The center is ideally located on Temecula Parkway, the main retail corridor of the city of Temecula.

Current Listings

31990 Temecula Pkwy

6,100 SF$8,000,000
Cap Rate: 5.22%
CBRE

*Investment Sale* Cap Rate: .22%. Single-tenant US Bank. Absolute NNN lease; zero landlord responsibilities. 2.5 years remaining on 15-year lease term. 3% annual increases over lifetime of lease and option period. Three 5-years options at 3% rental increases. Ideally located at the best power center in Temecula.

CBRE

*Investment Sale* Cap Rate: .22%. Single-tenant US Bank. Absolute NNN lease; zero landlord responsibilities. 2.5 years remaining on 15-year lease term. 3% annual increases over lifetime of lease and option period. Three 5-years options at 3% rental increases. Ideally located at the best power center in Temecula.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

AIRCRE

Source: AIR CRE

More Information

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