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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



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
Property Facts
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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.
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.
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
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.
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.
Verizon Communications is a U.S.-based telecommunications company headquartered at 1095 Avenue of the Americas in New York City, with an additional historic address at 140 West Street. Formed in 2000 through the merger of Bell Atlantic and GTE, the company builds on industry roots that trace back to Baby Bell operators established after the Bell System breakup. Verizon provides wireless, broadband, and other communication services to consumer, business, and governmental markets. As a publicly traded company, it is listed on the New York Stock Exchange under the ticker symbol VZ. Over the years, Verizon has expanded its technological capabilities through investments in wireless spectrum, fiber-optic networks, and major acquisitions, including the purchases of AOL in 2015 and Yahoo in 2017. The company maintains significant operational infrastructure across the United States and internationally, supporting network development and service delivery. Verizon continues to evolve its network platforms and digital services as part of its long-term strategy in the communications sector.
| 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 | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 305-210-030 | Improvements Assessment | $8,358,661 |
| Land Assessment | $1,365,393 | Total Assessment | $9,724,054 |
Property Taxes
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Pad to Perris Marketplace | Perris, CA | 1820 N Perris Blvd
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