Richie's Real American Diner

For Sale

40651 Murrieta Hot Springs Road, Murrieta, CA 92562

This Murrieta property for sale is located at 40651 Murrieta Hot Springs Road. The general use of Richie's Real American Diner is restaurant and it incorporates 43,582 square feet of class A restaurant space. The current listed sale price for Richie's Real American Diner is $4,495,000. Richie's Real American Diner is situated on a lot that is 4.78 acre in size.

Contacts

broker
Jerry Palmer

Westmar Commercial Real Estate

broker
Scott Forest

Westmar Commercial Real Estate

Property Details

  • Property Type Restaurant
  • Property Size 43,582 SF
  • Lot Size 4.78 Acre
  • Zoning CC, Murrieta
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2005
  • Date Updated Dec 9, 2024

WestMar Commercial Real Estate is proud to bring to market an extremely attractive and ideally located single tenant net lease (STNL) investment opportunity in the heart of the City of Murrieta (Temecula Valley), California. The subject property is the anchor location for a well-loved regional restaurant group called Richie's Real American Diner. This offering is for the physical improvements and the financial benefits from the attractive NNN lease which contains absolutely no landlord responsibilities. The property is perfectly situated with prominent visibility to the 70,000+ VPD that pass through the intersection on way to either the I-15 or I-215 on/offramps.

The building consists of 6,966 square feet of improvements with above average quality sit-down restaurant buildout. Located on the hard corner at the signalized intersection of Hancock Avenue and Murrieta Hot Springs Road, it has been the build-to-suit home for Richie's for 19 years of the company's 32-year local operating history. The intersection also serves as the main arterial gateway to 600,000+ square feet of existing medical and professional office improvements, including the Rancho Springs Hospital, Rady Children's Primary Care facility, Crossroads Corporate Center and other esteemed and vital services.  The Murrieta Pointe Shopping Center, of which it is a part, and the subject building also sit directly across from the long-awaited, and highly anticipated, Golden Triangle Lifestyle development which will ultimately consist of 1.7 million square feet of retail, hotel, office and entertainment attaractions.  The developers are rumored to have anchor tenants secured and have planned for groundbreaking in the next 24 months.

The Murrieta Pointe Shopping Center is a modern looking neighborhood center with an ideal mix of existing tenants, including Starbucks, Pacific Premier Bank and various retail service and medical/dental practices.  This quality center, and its historically high occupancy rates, serves as an excellent home for Richie's Real American Diner today and shows promise to be even better in the future.

The above information, while not guaranteed, has been secured from sources we believe to be reliable.  Floor plan, site plan, price, tenant mix, and availability subject to change without notice.

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Highlights

  • Well Known Regional Tenant with 17 Year Occupancy History
  • Absolute NNN/Zero Landlord Responsibilities
  • 11.5 Years Remaining on Lease with 4 Additional 5 Year Options
  • Rental Increase in 2025 and Each 5 Years Afterwards
  • Prominent Retail Exposure on Murrieta Hot Springs with 70,000+ VPD at Intersection
  • Located Directly on Short Route between I-15 and I-215 On/Offramps

Getting around

  • 61/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Murrieta, CA
  • Zip Code 92562
  • Market Inland Empire

Points of Interest

  • Sam's Club

    0.39 miles

  • Shell

    0.41 miles

  • 7-Eleven

    0.64 miles

  • ChargePoint

    0.96 miles

  • 76

    1.47 miles

  • Speedway

    2.56 miles

  • Chevron

    2.58 miles

  • Tesla

    2.64 miles

  • Temecula Supercharger

    2.94 miles

  • Tesla Supercharger

    5.79 miles

  • Murrieta Wal-Mart Park & Ride

    0.62 miles

  • Promise Lutheran Church Park & Ride

    0.66 miles

  • MULLIGAN FAMILY FUN CENTER

    0.99 miles

  • Staff Parking

    2.44 miles

  • Staff & Visitor Parking

    2.49 miles

  • Employee Parking

    2.50 miles

  • Student Parking

    2.58 miles

  • Rancho California Park And Ride

    2.63 miles

  • Valet Parking

    2.84 miles

  • Sales Lot

    2.89 miles

  • Residence Inn Temecula Murrieta

    0.69 miles

  • Courtyard Temecula Murrieta

    0.73 miles

  • Hampton Inn & Suites Murrieta Temecula

    0.74 miles

  • Holiday Inn Express & Suites

    1.03 miles

  • Comfort Inn & Suites Murrieta Temecula Wine Country

    1.49 miles

  • Quality Inn Temecula Valley Wine Country

    2.59 miles

  • La Quinta Inn & Suites Temecula

    2.62 miles

  • Fairfield Inn & Suites

    2.78 miles

  • Extended Stay

    3.06 miles

  • Holiday Inn Express

    3.18 miles

  • Amazon Fresh

    0.33 miles

  • Burlington

    0.39 miles

  • Ross

    0.40 miles

  • Walmart

    0.52 miles

  • Trader Joe's

    0.56 miles

  • Seoul Asian Market

    0.57 miles

  • Cardenas

    0.61 miles

  • Big Lots

    0.66 miles

  • Smart & Final

    0.87 miles

  • Saver's

    0.90 miles

In-Depth Research Available for this Property

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.

Contact Richie's Real American Diner