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Jefferson Commerce Building 27710 Jefferson Ave 32,200 SF 100% Leased Office Building Temecula, CA 92590 $6,500,000 ($201.86/SF) 6.20% Cap Rate
Investment Highlights
- Trophy Southern California high image professional office investment: long term stable cash flow and annual increases
- Extremely secure investment with 100% of the GLA leased
Executive Summary
Lee & Associates Commercial Real Estate Services is pleased to present for sale the Jefferson Commerce Center, a 32,200 square foot multi-tenant office building located in Temecula, California. Jefferson Commerce Center (“JCC”) is a 100% occupied, three story, multi-tenant, Class B office building on ±2.22 acres. JCC enjoys Interstate 15 access and visibility and frontage along Jefferson Avenue. JCC is part of the Uptown Temecula Specific Plan which is a master planned commercial, residential and office overlay located minutes from Old Town Temecula. With its diverse mix of tenants, Jefferson Commerce Center creates an opportunity for an investor to acquire a steady, recession resistant income stream.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
32,200 SF
Building Class
B
Year Built
1988
Price
$6,500,000
Price Per SF
$201.86
Cap Rate
6.20%
NOI
$403,227
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,734 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
2.22 AC
Zoning
CPS - commercial professional offices services
Parking
134 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 921-400-034 | Improvements Assessment | $3,725,551 |
| Land Assessment | $1,968,561 | Total Assessment | $5,694,112 |
Property Taxes
Parcel Number
921-400-034
Land Assessment
$1,968,561
Improvements Assessment
$3,725,551
Total Assessment
$5,694,112
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Jefferson Commerce Building | 27710 Jefferson Ave
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