35974 Winchester Rd - Freestanding FOR SALE


Winchester, CA 92596
$6,453,000 USD
480-221-4221
35974 Winchester Rd, Winchester, CA for Sale
$6,453,000 USD
Freestanding - FOR SALE
1/5
null | 5.5% Cap Rate

35974 Winchester Rd
Winchester, CA 92596


HIGHLIGHTS

  • 100% Occupied | 3 Strong E-commerce Resistant Tenants | 15-Year Panera Bread With Drive-Through Access | Scheduled Rental Increases | NNN Leases
  • Brand New Construction
  • Outparcel to French Valley Marketplace | Retail Corridor |Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area | Six-Figure AHHI

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a newly constructed, 100% occupied, 3-tenant retail building investment property located in Winchester, California (Temecula MSA). The offering features a strong e-commerce resistant tenant line-up, including Panera Bread, Toro Sushi, and Little Caesars. Panera Bread occupies the end cap space with drive-through access and corporate signed a 15-year term lease with three 5-year options to extend, demonstrating their commitment to the site. Little Caesars and Toro Sushi also signed 10-year leases that feature scheduled rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The leases are NNN with limited landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor. The building will feature state-of-the-art, brand new construction with modern amenities and design.

FOR SALE DETAILS

PRICE

$6,453,000 USD

PRICE/SF

$893 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at French Valley Marketplace | Bldg 16

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

Commercial

APN/PARCEL ID

480-990-014

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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