27464 Commerce Center Dr - Storefront Retail/Office FOR SALE


Temecula, CA 92590
$6,200,000 USD
951-445-4520
27464 Commerce Center Dr, Temecula, CA for Sale
$6,200,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 5.43% Cap Rate

27464 Commerce Center Dr
Temecula, CA 92590


OVERVIEW

Lee & Associates Commercial Real Estate Services is pleased to present for sale Commerce Center, a 39,234 square foot multitenant flex, retail/office building located in Temecula, California. Commerce Center offers an investor a highly desired value-add component at less than 67% of replacement cost, 78% of the square feet occupied and with below market rents on ±2.31 acres. Commerce Center enjoys close proximity to Winchester Road, Jefferson Avenue, Old Town Temecula and convenient access to Interstate 15 and is part of the Uptown Center District which is within the City of Temecula’s master planned commercial, residential and office overlay. With a diverse mix of tenants, Commerce Center creates an opportunity for an investor to acquire a steady, recession resistant income stream with considerable upside.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commerce Center Offices

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

C1, Temecula

APN/PARCEL ID

921-480-053

ASK ABOUT THIS PROPERTY

Jim NadalLee & AssociatesMore Info
951-445-4520

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Jim NadalLee & AssociatesMore Info
951-445-4520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.