27397 Menifee Rd | Menifee, CA 92585
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27397 Menifee Rd
Menifee, CA 92585
7-Eleven | Menifee, CA · Retail Property For Sale
Investment Highlights
- Investment Grade Tenant: (S&P AA-Rated Credit Tenant: Brand new 15-year corporate ground lease
- Synergistic Co-Tenancy Within McCall Square: Property benefits from its position at the entrance of the newly developed McCall Square
- Excellent Identity and Exposure: Located at the signalized intersection of McCall Boulevard and Menifee Road with 23,000 vehicles per day
- Absolute NNN with no landlord responsibilities, 10% rental increases every 5 years including options
- Expanding Trade Area: The 1-mile trade area saw 5.7% annual population growth from 2010-2023 and is expected to grow by an additional 1.2% per year
- 7-Eleven’s Latest Prototype: Twelve gas pumps, a convenience store, and car wash providing 7-Eleven with multiple income streams
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,065 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.11 AC
Zoning
CR, Commercial Retail
Property Taxes
| Parcel Number | 333-070-094 | Improvements Assessment | $2,182,800 |
| Land Assessment | $2,346,000 | Total Assessment | $4,528,800 |
Property Taxes
Parcel Number
333-070-094
Land Assessment
$2,346,000
Improvements Assessment
$2,182,800
Total Assessment
$4,528,800
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