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Freeway Plaza 5 Retail Properties in Perris, CA
INVESTMENT HIGHLIGHTS
- Core Value-Add 80,490 SF Neighborhood Shopping Center Comprised of Six (6) Retail Buildings
- Most Tenants on Month-to-Month Leases
- High Traffic Counts: 111,982 CPD (I-215) & 21,678 CPD (4th St)
- Exceptional Freeway Visibility & Accessibility on I-215 Freeway On/Off Ramp
- 374 On-Site Parking Spaces (4.6:1,000 SF)
- 116,000 Residents with Avg HH Income of $101,711 (5-Mile Radius)
EXECUTIVE SUMMARY
Core Value-Add 80,490 SF Neighborhood Retail Center This is a court-supervised sale and will be subject to court approval. Project is comprised of six (6) buildings; a large “anchor space”, in-line units that allow for flexibility in sizes for multiple tenants, and four (4) small freestanding buildings. Most tenants on Month-Month leases at low rates. Buyer has opportunity to fully re-tenant and refurbish the Project. Exceptional Freeway Visibility & Accessibility on I-215 Freeway On/Off Ramp with Freeway Pylon Sign. 374 On-Site Parking Spaces (4.6:1,000 SF). Zoned “4th Street Gateway”: Retail, Office, Services, Multifamily Allowed by Right. High Traffic Counts: 111,982 CPD (I-215) & 21,678 CPD (4th St). 116,000 Residents with Avg HH Income of $101,711 (5-Mile Radius). Call for NDA & access to the Document Center. Best Offer.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 60,710 SF |
| Status | Active | Total Land Area | 6.69 AC |
| Number of Properties | 5 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 60,710 SF |
| Total Land Area | 6.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 351 Wilkerson Ave, Perris, CA 92570 | Retail | 43,500 SF | 1986 | - |
| 411 Wilkerson Ave, Perris, CA 92570 | Retail | 5,150 SF | 1986 | - |
| 333 Wilkerson Ave, Perris, CA 92570 | Retail | 4,020 SF | 1986 | - |
| 343 Wilkerson Ave, Perris, CA 92570 | Retail | 4,020 SF | 1985 | - |
| 393 Wilkerson Ave, Perris, CA 92570 | Retail | 4,020 SF | 1985 | - |
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Freeway Plaza
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