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Butterfield Animal Hospital - 7.14% CAP 33449 Temecula Pky 6,300 SF Retail Building Temecula, CA 92592 $4,472,914 ($709.99/SF) 7.14% Cap Rate



INVESTMENT HIGHLIGHTS
- Strong Vehicle Exposure – Up to ~166K VPD near I-15; ±47,952 VPD at intersection
- Limited Landlord Duties – Tenant pays NNN; landlord responsible only for roof & structure; 17 year roof warranty
- Strong Demographics – ~112K residents, ~$136K avg. household income within 5 miles
- Corporate Guarantee – Lease backed by National Veterinary Associates (NVA)
- Shadow-Anchored Retail – Near Big 5 Sporting Goods and Ralphs-anchored center
- Strong Demographics – ~112K residents, ~$136K avg. household income within 5 miles
EXECUTIVE SUMMARY
The Ovaness Rostamian Group of Marcus & Millichap is pleased to present 33449 Temecula Parkway, Temecula, CA—a 6,300 SF single-tenant veterinary clinic on ±0.62 acres in one of Temecula’s most active and affluent retail corridors. Occupied by Butterfield Animal Hospital, a long-standing and locally recognized veterinary practice with a loyal customer base and meaningful investment in its facility, the property delivers stable cash flow with both immediate and long-term upside in a high-demand, service-oriented market.
The lease is backed by National Veterinary Associates (NVA), one of North America’s largest veterinary operators with roughly 1,400 general-practice hospitals and ~1,500 locations overall, providing strong credit, institutional support, and reduced default risk relative to independent operators. The tenant pays NNN expenses (Property Taxes, Insurance, and CAM), while landlord obligations are limited to roof and structural components—further mitigated by a 17-year roof warranty, ensuring minimal future capital exposure.
Positioned at the fully signalized intersection of Temecula Parkway and Butterfield Stage Road, the property offers exceptional visibility with ±855 feet of frontage along Temecula Parkway and ±616 feet along Butterfield Stage Road. The surrounding trade area includes ~112,800 residents and ~37,100 households within five miles, supported by ~$135,700 average household income. Traffic counts further strengthen the location, with a combined ~47,952 VPD at the Temecula Parkway / Butterfield Stage Road intersection and up to ~166,227 VPD along nearby I-15—providing powerful daily exposure for essential-service users such as veterinary, medical, and neighborhood retail.
Demand is set to increase with the site’s direct adjacency to Elderberry Park, a forthcoming ±164-home Woodside Homes community located immediately across the street. This new residential development will add significant rooftops, daily trips, and long-term neighborhood demand. Additionally, the property benefits from its proximity to Temecula’s major master-planned communities—including Morgan Hill, Redhawk, Crowne Hill, and Paseo del Sol—which collectively contribute thousands of existing units and a strong, stable consumer base.
Temecula continues to experience steady residential growth driven by high-quality schools, new housing construction, and ongoing infrastructure improvements—including circulation upgrades along Butterfield Stage Road. Excellent access via multiple curb cuts, prominent signage, and direct connectivity to Interstate 15, a major regional commuter corridor, further enhance the property’s long-term competitive positioning.
With its established single-tenant occupancy, newly emerging residential density directly across the street, strong regional fundamentals, and limited landlord obligations supported by a long-term roof warranty, 33449 Temecula Parkway represents a rare opportunity to acquire a high-visibility, income-producing asset in one of Southern California’s premier submarkets.
The lease is backed by National Veterinary Associates (NVA), one of North America’s largest veterinary operators with roughly 1,400 general-practice hospitals and ~1,500 locations overall, providing strong credit, institutional support, and reduced default risk relative to independent operators. The tenant pays NNN expenses (Property Taxes, Insurance, and CAM), while landlord obligations are limited to roof and structural components—further mitigated by a 17-year roof warranty, ensuring minimal future capital exposure.
Positioned at the fully signalized intersection of Temecula Parkway and Butterfield Stage Road, the property offers exceptional visibility with ±855 feet of frontage along Temecula Parkway and ±616 feet along Butterfield Stage Road. The surrounding trade area includes ~112,800 residents and ~37,100 households within five miles, supported by ~$135,700 average household income. Traffic counts further strengthen the location, with a combined ~47,952 VPD at the Temecula Parkway / Butterfield Stage Road intersection and up to ~166,227 VPD along nearby I-15—providing powerful daily exposure for essential-service users such as veterinary, medical, and neighborhood retail.
Demand is set to increase with the site’s direct adjacency to Elderberry Park, a forthcoming ±164-home Woodside Homes community located immediately across the street. This new residential development will add significant rooftops, daily trips, and long-term neighborhood demand. Additionally, the property benefits from its proximity to Temecula’s major master-planned communities—including Morgan Hill, Redhawk, Crowne Hill, and Paseo del Sol—which collectively contribute thousands of existing units and a strong, stable consumer base.
Temecula continues to experience steady residential growth driven by high-quality schools, new housing construction, and ongoing infrastructure improvements—including circulation upgrades along Butterfield Stage Road. Excellent access via multiple curb cuts, prominent signage, and direct connectivity to Interstate 15, a major regional commuter corridor, further enhance the property’s long-term competitive positioning.
With its established single-tenant occupancy, newly emerging residential density directly across the street, strong regional fundamentals, and limited landlord obligations supported by a long-term roof warranty, 33449 Temecula Parkway represents a rare opportunity to acquire a high-visibility, income-producing asset in one of Southern California’s premier submarkets.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
B
Year Built
2008
Price
$4,472,914
Price Per SF
$709.99
Cap Rate
7.14%
NOI
$319,366
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.62 AC
Zoning
CC, Temecula
Parking
18 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
119’ on Temecula Pky
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 966-010-009 | Improvements Assessment | $2,206,550 |
| Land Assessment | $796,804 | Total Assessment | $3,003,354 |
PROPERTY TAXES
Parcel Number
966-010-009
Land Assessment
$796,804
Improvements Assessment
$2,206,550
Total Assessment
$3,003,354
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Butterfield Animal Hospital - 7.14% CAP | 33449 Temecula Pky
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