Historical Retail Sale Listing - Wolf Store Retail Park

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Wolf Store Retail Park

32459 Highway 79 South, Temecula, CA 92592

N/A

9,862 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
9,862 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Strip Center
Property Use Type:
Investment
Cap Rate:
7.63%
Occupancy:
100%
Tenancy:
Multiple
Year Built:
2004
Lot Size:
0.86 AC
Listing ID
15487669
Last Updated
over 1 year ago

Highlights

  • 100%Occupancy
  • All Tenants have 4% annual Rental Increases
  • NNN Retail Investment
  • Direct Frontage along Highway 79 South
  • Outstanding Location,Excellent accessibility,Exposure,High Quality Architecture and constrution
  • Surrounded with Wal-Mart,Home Depo,Best Buy,Kohl's,Ross,Sport Authority,Office Max,Petsmart,Henry's Market,Staples,Stater Bros,RalPh's,Albertson's.

Description

The offering is building D within Wolf Store Retail Park. BUilding D is 9,862 square foot multi-tenant retail center that consists of five tenants all on NNN leases with 4% annual rental increases. Building D is 100% occupied and is situated in the best position in Wolf Store Retail Park, immediately adjacent to the highly traveled highway 79 South in the city of Temecula, California. Built in 2004, Wolf Store Retail Park boast highly quality architecture and an ideal site plan providing customers with excellent accessibility, exposure and visibility from Highway 79 South. Wolf Store Retail Park benefits from tremendous frontage including prominent monument signage along Highway 79 South, where average daily traffic counts are approximately 75,000 cars per day. The strength of the trade area is evident by multiple national credit retailers immediately surrounding the subject property; Wal-Mart, Home Depot, Best Buy, Kohl's, Albertsons, Ralphs, Stater Bros., Steinmart, Officemax, Marshalls, Ross, Henry's Market, Petsmart, Staples, Sports Authority, Big 5 Sports, Rite-Aid, Starbucks, among many others.

The Wolf Store Retail Park project site is situated along the south side of State Highway 79 South. This section of State Routh 79 has three lanes in each direction. This is the major commercial thoroughfare along in the southern Temecula area. The average daily traffic count at the intersection of Margarita Road and Highway 79 South is in excess of 89,000 cars per day. Temecula is a community that ranks among the fastest growing cities in the Inland Empire. Over 105,000 residents live within 5-mile radius of the subject property while the average household income within a 1-mile radius is approximately $100,000.

Map of 32459 Highway 79 South, Temecula, CA 92592 (Riverside County)

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