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18320 Collier Ave
Lake Elsinore, CA 92530
Miguel's Jr. Mex Food w/Drive-Thru/ 20 Yr Lse · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,200 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.66 AC
Zoning
C2 - General Commercial
Parking
28 Spaces (8.75 Spaces per 1,000 SF Leased)
Frontage
198’ on Collier Avenue

About 18320 COLLIER AVE , LAKE ELSINORE, CA 92530

Miguel’s Jr. is strategically located at the on/off ramps of the busy I-15 freeway at Central Avenue (over 116,000 vehicles per day) and at the signalized hard corner intersection of Collier Avenue and Central Avenue (over 56,000 vehicles per day combined) within Central Plaza. The I-15 freeway at Central Avenue location is one of the main trade corridors serving Lake Elsinore. The Subject Property is directly across the street to many national retailers including Target, Home Depot, Walgreens, McDonald’s, Petco, Aldi, and Big 5 Sporting Goods. In addition, Miguel’s Jr. is across the freeway from Costco and Lowe’s, which all generate massive consumer draw to the immediate trade area. The Property is also conveniently situated directly across from Lake Elsinore’s Central Business Park which employees approximately 650 employees and is within close proximity to the Lake Elsinore Outlets. Furthermore, there are more than 269,000 permanent residents with average household incomes exceeding $86,000 within a 20-minute drive-time of the subject property. The trade area is also supported by more than 61,000 daytime employees.

Property Taxes

Property Taxes

Parcel Number
377-081-004
Land Assessment
$865,945
Improvements Assessment
$2,164,864
Total Assessment
$3,030,809
  • Listing ID: 17794505

  • Date on Market: 11/22/2019

  • Last Updated:

  • Address: 18320 Collier Ave, Lake Elsinore, CA 92530

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