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Pad to Perris Marketplace | Perris, CA 1820 N Perris Blvd 12,564 SF 100% Leased Retail Building Perris, CA 92571 $8,720,000 ($694.05/SF) 6.15% Cap Rate

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Investment Highlights

  • Prime Location Adjacent to a Top-Performing Walmart Supercenter (Top 9% Nationally; #1 of 5 within a 15-Mile Radius – Placer.ai)
  • Neighboring a 363,000 SF Power Center with Target Opening Spring 2026
  • Growing Trade Area Over 119,000 residents within a 5-mile radius; $102,000 AHHI
  • 100% Occupied 2007 Construction Pad Building with 86% National/Regional Tenants
  • Highly Accessible Location Convenient access to and from the I-215 freeway via nearby on/off-ramps
  • Located in Perris – A Major Inland Empire Logistics Hub The city includes approximately 43 million square feet of built industrial space

Executive Summary

Pad to #1 Most Trafficked Walmart Supercenter Within 15 Miles | 86% National/Regional Tenants | 119,000 People With $102,000 AHHI Within 5 Miles

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,564 SF
Building Class
B
Year Built
2017
Price
$8,720,000
Price Per SF
$694.05
Cap Rate
6.15%
NOI
$536,280
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.34 AC
Zoning
CC
Parking
40 Spaces (3.18 Spaces per 1,000 SF Leased)
Frontage
169’ on N Perris Blvd

Amenities

  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $37.80
  • -
  • Aug 2027

Baskin-Robbins is an international ice cream specialty shop brand headquartered in Canton, Massachusetts. Founded in 1945, the company originated from the combined efforts of Burt Baskin and Irv Robbins, who introduced a rotating selection of flavors built around their “31 flavors” concept. Baskin-Robbins expanded from its California beginnings to become a global chain with locations in more than 50 countries. The headquarters in Canton oversees brand management, product development, marketing, franchise support, and operational standards for its extensive franchise network.

  • Retailer
  • -
  • -
  • -
  • -

Daniel’s Jewelers is a family-owned jewelry retailer specializing in fine jewelry, watches, and custom designs. Founded in 1948, the company has grown from a single store into a multi-location chain serving customers across the western United States. Headquartered in Culver City, California, Daniel’s Jewelers offers a wide range of products, including engagement rings, wedding bands, and fashion jewelry, along with in-house financing programs designed to make jewelry purchases more accessible. The company emphasizes personalized service and community engagement, maintaining a strong presence in regional malls and shopping centers. In addition to its retail operations, Daniel’s Jewelers provides repair services and custom jewelry design. The business remains privately held and continues to expand its footprint while upholding its legacy as a trusted name in jewelry retail.

  • Services
  • -
  • $36.00
  • -
  • -

Great Clips is a hair salon franchisor established in 1982 in Minnesota. The company began with its first salon near the University of Minnesota before expanding through franchising in 1983. Over the decades, Great Clips has grown into one of North America’s largest hair salon brands, operating thousands of franchised locations across the United States and Canada. Its business model centers on walk-in haircut services supported by operational tools such as Online Check-In and Clip Notes, which help streamline customer wait times and maintain service consistency.

  • Organic Nail Bar Corp
  • -
  • -
  • $38.40
  • Triple Net
  • Apr 2029
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Founded in 1994, Pacific Dental Services (PDS) is one of the country’s leading dental support organizations, providing supported autonomy that enables dentists to concentrate on clinical excellence and the highest levels of cost-effective comprehensive patient care. PDS originated the Private Practice+® model to enable dentists to focus on their passion: serving patients. PDS also pioneered the concept of Modern Dentistry so that dentists are equipped to combine advances in the latest technology with the best operational practices and procedures, highly skilled support staff and a commitment to ongoing training and education.

  • Retailer
  • -
  • -
  • -
  • -

Sally Beauty is a professional beauty retail and distribution company operating as part of Sally Beauty Holdings, a publicly traded organization founded in 1964. The company provides professional hair color, hair care, nail care, and related beauty products to consumer and professional markets through retail, business-to-business distribution, and e-commerce channels. Its operations support a broad portfolio of beauty brands and product categories serving licensed professionals and at-home customers. Corporate functions and executive leadership are based in Plano, Texas, supporting strategic, administrative, and operational oversight across domestic and international markets.

  • Information
  • -
  • -
  • -
  • -

Verizon Communications is a publicly traded telecommunications company (NYSE:?VZ) headquartered in New York City, with its operational hub located in Basking Ridge, New Jersey. Founded in 1983 through the Bell Atlantic merger, Verizon delivers diverse services including wireless voice and data, broadband (Fios), and enterprise solutions. It operates an authorized retail store in Bordentown, NJ, located at 276B Dunns Mill Road, offering wireless devices, plans, and home internet services. As of 2024, Verizon employed approximately 99,600 people and reported annual revenues around $135 billion. In October 2025, Daniel H. Schulman, former CEO of PayPal, succeeded Hans Vestberg as CEO and is leading a strategic restructuring, including workforce reductions and integration of the Frontier Communications acquisition. Verizon is a major player in 5G and fiber deployment and is included in the Dow Jones Industrial Average.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - $37.80 - Aug 2027
Retailer - - - -
Services - $36.00 - -
Organic Nail Bar Corp - - $38.40 Triple Net Apr 2029
Health Care and Social Assistance - - - -
Retailer - - - -
Information - - - -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Food 4 Less
Planet Fitness
Juan Pollo
IHOP
Alberto's Mexican Food
Sizzler
Stater Bros Markets
Cardenas
Fitness 19

Property Taxes

Property Taxes

Parcel Number
305-210-030
Land Assessment
$1,365,393
Improvements Assessment
$8,358,661
Total Assessment
$9,724,054
  • Listing ID: 38120801

  • Date on Market: 10/17/2025

  • Last Updated:

  • Address: 1820 N Perris Blvd, Perris, CA 92571

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