Contacts
WESTMAC Commercial Brokerage
WESTMAC Commercial Brokerage
Property Details
- Property Type Retail
- Property Size 24,647 SF
- Lot Size 2.5 Acre
- Cap Rate % 6.21
- Additional Rent Contact for pricing
- Year Built 2007
- Date Updated Dec 13, 2024
VonBerge CRE and WESTMAC Commercial Brokerage Company are pleased to present the opportunity to purchase 40516 Murrieta
Hot Springs Road, a two-unit 24,647 square foot retail building on 108,900 square feet of land prominently located along I-215
within the Murrieta Plaza in the City of Murrieta, Riverside County, California. This is an attractive investment that provides
potential purchasers with a secure and stable cash flow.
40516 Murrieta Hot Springs Road is leased to Harbor Freight Tools and Sola Salon Studios. There are approximately four (4) and
three (3) years left on the original leases. Harbor Freight occupies 16,948 SF or approximately 71.2% of the property and has four
(4) years left on their original term, which expires in 2028. They have six (6) x Five (5) Year Options to Extend with 10% increases
at the start of each option period. Sola occupies 7,699 SF or 28.8% of the property and has three (3) years left on their original
term, which expires in 2027. They have four (4) x Five (5) Year Options to Extend with 2.5% annual increases that includes option
periods.
The property is part of Murrieta Plaza, a 300,000+ SF Neighborhood Retail Center owned by The Kroenke Company. Other national
tenants in the center include Sam’s Club, Walgreens, Wendy's, El Pollo Loco, H&R Block, and Buffalo Wild Wings. The Harbor
Freight Tools building enjoys a prime location in the center with clear visibility from I-215. This is an excellent opportunity to
purchase a trophy investment in prime Murrieta, CA.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
40/100
Walk Score ®
-
23/100
Transit Score ®
-
26/100
Bike Score ®
Location
- City Murrieta, CA
- Zip Code 92563
- Market Inland Empire
Points of Interest
-
Sam's Club
0.11 miles
-
Shell
0.27 miles
-
7-Eleven
0.39 miles
-
76
1.28 miles
-
ChargePoint
1.39 miles
-
Chevron
2.13 miles
-
Tesla
2.19 miles
-
Speedway
2.21 miles
-
Temecula Supercharger
2.49 miles
-
Temecula - Temecula Parkway Supercharger
6.07 miles
-
Promise Lutheran Church Park & Ride
0.48 miles
-
Murrieta Wal-Mart Park & Ride
0.83 miles
-
MULLIGAN FAMILY FUN CENTER
1.39 miles
-
Staff Parking
2.01 miles
-
Staff & Visitor Parking
2.05 miles
-
Employee Parking
2.06 miles
-
Student Parking
2.15 miles
-
Rancho California Park And Ride
2.20 miles
-
Valet Parking
2.39 miles
-
Sales Lot
2.46 miles
-
Buffalo Wild Wings
0.13 miles
-
The Hat
0.19 miles
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Pacific Pita
0.22 miles
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The Habit Burger Grill
0.22 miles
-
El Pollo Loco
0.22 miles
-
Rubio's
0.22 miles
-
The Flame Broiler
0.22 miles
-
Submarina
0.23 miles
-
Wendy's
0.26 miles
-
Sizzler
0.31 miles
-
Trader Joe's
0.23 miles
-
Seoul Asian Market
0.35 miles
-
Amazon Fresh
0.36 miles
-
Burlington
0.55 miles
-
Ross
0.58 miles
-
Walmart
0.76 miles
-
Cardenas
0.93 miles
-
Big Lots
1.01 miles
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Saver's
1.23 miles
-
Smart & Final
1.26 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
