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32435 Temecula Pky 8,781 SF 100% Leased Retail Building Temecula, CA 92592 $7,147,813 ($814.01/SF) 5.50% Cap Rate



EXECUTIVE SUMMARY
This rare South Temecula multi-tenant pad building offers a prime NNN investment opportunity in an exceptional high-traffic retail corridor. Located at 32435 Temecula Parkway, the newly constructed Class A retail building was built around 2022 and encompasses 8,781 square feet on a 1.45-acre lot. The property is occupied by strong, established tenants—Better Buzz Coffee Roasters, Orangetheory Fitness, Krak Boba, and D’Or Nail Lounge—each operating under long-term leases with renewal options that provide stable, predictable income. Zoned under Specific Plan SP-10, the site features 38 on-site parking spaces with additional shared parking access and includes modern design elements such as a drive-thru for Better Buzz, a contemporary façade, and high-visibility signage. Positioned along Temecula Parkway (Highway 79), which sees approximately 42,826 vehicles per day, the building benefits from proximity to major anchors including Walmart, Kohl’s, Sprouts, PetSmart, and EOS Fitness. The surrounding area features strong demographics with 115,343 residents within a five-mile radius and an average household income of $154,776. Nearby attractions such as Temecula Town Center, Redhawk Shopping Center, Temecula Valley Hospital, top-rated schools, and the region’s renowned Wine Country further enhance the property’s value. Current rents include: Better Buzz at $12,250 per month (lease through July 2032 with two 5-year options); Orangetheory Fitness at $8,838.31 per month (lease through June 2026 with one 5-year option); Krak Boba at $4,936 per month (lease through April 2035 with two 5-year options); and D’Or Nail Lounge at $6,736.50 per month under a 10-year lease with one 5-year option. This offering presents an exceptional chance to own a modern, high-demand asset in one of Temecula’s most desirable retail corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,781 SF
Building Class
A
Year Built
2022
Price
$7,147,813
Price Per SF
$814.01
Cap Rate
5.50%
NOI
$393,130
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.45 AC
Zoning
SP - specific plan
Parking
35 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
86’ on Temecula Pkwy
AMENITIES
- Bus Line
- Signage
- Drive Thru
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 960-020-060 | Improvements Assessment | $1,546,008 |
| Land Assessment | $1,169,850 | Total Assessment | $2,715,858 |
PROPERTY TAXES
Parcel Number
960-020-060
Land Assessment
$1,169,850
Improvements Assessment
$1,546,008
Total Assessment
$2,715,858
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32435 Temecula Pky
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