Retail Property in Prime
For Sale
$2,900,000
27722 Clinton Keith Road, Murrieta, CA 92562
4,492 SF retail property built in 2010 in Murrieta, CA.
Property Size4,492 SF
Price / SF$645.59
Days on Market163
Property Features for 27722 Clinton Keith Road
General Information
Standard status
Active
Size
4,492 SF
Property subtype
Retail
Building Details
Building Size
4,492 SF
Year Built
2010
Listing Agency:
(951) 491-5234
Listed By:
Janet F. Kramer, JD, CCIM, CRRP · License #CalDRE #01351570
(951) 491-5234
Source:
Svn
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 16 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Janet F. Kramer, JD, CCIM, CRRP
Investment Insights
Based on property information with market context.
This 4,492 SF retail property, constructed in 2010, is located in Murrieta, CA. The building's design and layout are suited for retail and street retail businesses. The property benefits from high visibility and accessibility, attracting traffic and capitalizing on commercial activity. It offers a foundation for retail investors seeking an asset with growth potential. The location provides access to shopping centers, dining, and entertainment venues, including The Plaza at Silverhawk, Murrieta Town Center, and Clinton Keith Shopping Center. The area's mix of residential neighborhoods and commercial developments makes it attractive for retail and street retail investors. The property features a location along Clinton Keith Road, ample parking, and signage opportunities. The layout is flexible for various retail concepts.
Key Highlights
- Prime location on Clinton Keith Road in a rapidly growing Murrieta area.
- Spacious 4,492 SF modern building built in 2010.
- High visibility to attract significant customer traffic.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,638
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,812,760
$1.8M
Cap Rate 7%
$1,294,829
$1.3M
Cap Rate 9%
$1,007,089
$1.0M
Market Conditions
NOI Build-Up for 4,492 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$137.5K $30.60/SF
− Vacancy
−$8.0K −$1.77/SF
EGI
$129.5K $28.83/SF
− OpEx
−$38.8K −$8.65/SF
NOI
$90.6K $20.18/SF
Area
Murrieta, CA
Vacancy
5.80%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,812,760
Cap Rate 7%
$1,294,829
Cap Rate 9%
$1,007,089
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,638 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,332 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 92562, CA
64,270
Population
22,362
Households
2.9
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
110.3 sq mi
ZIP Area
583
Density / Sq Mi
$113,204
Median Household Income
$55,495
Median Earnings
$2,262
Median Rent
$629,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 4,492 SF retail property built in 2010 in Murrieta, CA.
Where is this retail space located?
The property is located at 27722 Clinton Keith Road Murrieta, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Prime location on Clinton Keith Road in a rapidly growing Murrieta area.; Spacious 4,492 SF modern building built in 2010.; High visibility to attract significant customer traffic.
