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Outlets at Lake Elsinore 7 Retail Properties in Lake Elsinore, CA
Investment Highlights
- 47 ACRE INLAND EMPIRE REDEVELOPMENT OPPORTUNITY ON I-15 FREEWAY
Executive Summary
Investment Highlights
47 ACRE INLAND EMPIRE REDEVELOPMENT OPPORTUNITY ON I-15 FREEWAY
* Attractive opportunity to acquire a 47.23-acre site in the Inland Empire for redevelopment. The Outlets at Lake Elsinore is a 318,841-SF outlet mall with 1/2 mile of frontage along Interstate-15 freeway in the city of Lake Elsinore. The property is currently 57% leased.
* Zoned CC - Community Commercial, the property allows for a variety of uses. With very few large scale, freeway fronting sites available, new ownership could explore different redevelopment opportunities with a city that is experiencing explosive growth.
* The property could present a unique opportunity for an owner-user group that needs immediate scale and cannot wait for the traditional timeline of new development.
SUPERIOR FREEWAY FRONTING LOCATION
* The property sits on Interstate-15 freeway in Lake Elsinore connecting San Diego to Las Vegas. Surrounded by newer residential and retail amenities, the property has great visibility and accessibility.
* The 3,000 acre freshwater lake is the largest natural body of water in Southern California and a huge draw for the city. The proximity to Orange County to the west and Temecula Valley to the south, make Lake Elsinore a highly desirable place to live and work.
* Within 15-miles, the property has a population of over 647,322 that is comprised of over 203,579 households with average household income of $124,446. (source ESRI)
POTENTIAL REDVELOPMENT STRATEGIES
* A++ location with affluent consumers, strong labor pool, local and national users seeking to expand and/or consolidate.
* Excellent Infrastructure with a robust freeway system (Interstates 15, 10 & 215 and State Routes 91, 71 & 60), a developing freight movement system that includes airports (Ontario & San Bernardino International), railroads, a network of freight forwarders, and the ports of Long Beach and Los Angeles.
* Property potential to incorporate residential offerings with a mix of product types. Ideal for college, university, trade school or other educational or religious campus to take advantage of existing buildings.
47 ACRE INLAND EMPIRE REDEVELOPMENT OPPORTUNITY ON I-15 FREEWAY
* Attractive opportunity to acquire a 47.23-acre site in the Inland Empire for redevelopment. The Outlets at Lake Elsinore is a 318,841-SF outlet mall with 1/2 mile of frontage along Interstate-15 freeway in the city of Lake Elsinore. The property is currently 57% leased.
* Zoned CC - Community Commercial, the property allows for a variety of uses. With very few large scale, freeway fronting sites available, new ownership could explore different redevelopment opportunities with a city that is experiencing explosive growth.
* The property could present a unique opportunity for an owner-user group that needs immediate scale and cannot wait for the traditional timeline of new development.
SUPERIOR FREEWAY FRONTING LOCATION
* The property sits on Interstate-15 freeway in Lake Elsinore connecting San Diego to Las Vegas. Surrounded by newer residential and retail amenities, the property has great visibility and accessibility.
* The 3,000 acre freshwater lake is the largest natural body of water in Southern California and a huge draw for the city. The proximity to Orange County to the west and Temecula Valley to the south, make Lake Elsinore a highly desirable place to live and work.
* Within 15-miles, the property has a population of over 647,322 that is comprised of over 203,579 households with average household income of $124,446. (source ESRI)
POTENTIAL REDVELOPMENT STRATEGIES
* A++ location with affluent consumers, strong labor pool, local and national users seeking to expand and/or consolidate.
* Excellent Infrastructure with a robust freeway system (Interstates 15, 10 & 215 and State Routes 91, 71 & 60), a developing freight movement system that includes airports (Ontario & San Bernardino International), railroads, a network of freight forwarders, and the ports of Long Beach and Los Angeles.
* Property potential to incorporate residential offerings with a mix of product types. Ideal for college, university, trade school or other educational or religious campus to take advantage of existing buildings.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 290,294 SF |
| Number of Properties | 7 | Total Land Area | 39.05 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 290,294 SF |
| Total Land Area | 39.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg J
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 54,531 SF | 1991 | - |
|
Bldg A
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 42,151 SF | - | - |
|
Bldg H
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 40,962 SF | - | - |
|
Bldg E
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 40,666 SF | - | - |
|
Bldg G
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 40,587 SF | - | - |
|
Bldg F
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 37,814 SF | - | - |
|
Bldg D
17600 Collier Ave, Lake Elsinore, CA 92530 |
Retail | 33,583 SF | - | - |
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Outlets at Lake Elsinore
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