High-Visibility Commercial Building For
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27310 Madison Avenue, Temecula, CA 92590
Commercial building with high visibility and accessibility near Interstate 15.
Property Size31,377 SF
Price / SF$327.47
Days on Market563
Property Features for 27310 Madison Avenue
General Information
Standard status
Active
Size
31,377 SF
Total Parking Spaces
100
Property subtype
Retail
Zoning
Specific Plan SP-14
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$719,450
Building Details
Stories
1
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Phil Lyons · License #CA
Source:
Crexi
Added: Feb 4, 2025
Changed: Aug 17
Last Checked: Aug 20 at 8:34AM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This commercial building is strategically located in a high-traffic corridor directly adjacent to Interstate 15. The property offers accessibility and benefits from visibility to daily commuters. It is positioned for maximum exposure, making it an ideal hub for retail, office, or commercial businesses. The property size is 31377 square feet.
Key Highlights
- Strategically located commercial building with unparalleled accessibility.
- High‑traffic corridor directly adjacent to Interstate 15 freeway.
- Positioned for maximum exposure.
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
$456,835
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
4.45%
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%
$9,136,700
$9.1M
Cap Rate 7%
$6,526,214
$6.5M
Cap Rate 9%
$5,075,944
$5.1M
Market Conditions
NOI Build-Up for 31,377 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
$692.8K $22.08/SF
− Vacancy
−$40.2K −$1.28/SF
EGI
$652.6K $20.80/SF
− OpEx
−$195.8K −$6.24/SF
NOI
$456.8K $14.56/SF
Area
Temecula, CA
Vacancy
5.80%
Lease Rate
$22.08 /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%
$9,136,700
Cap Rate 7%
$6,526,214
Cap Rate 9%
$5,075,944
Alternative Uses
Best Use
Retail
$6.53M
$5.71M – $7.61M
NOI $456,835 @ 7.0% cap · market cap 4.45%
Second Best
Office B
$6.32M
$5.53M – $7.38M
NOI $442,736 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$9.74M
$8.52M – $11.36M
NOI $681,719 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,647
Businesses Nearby
Explore this area
Business Placement
Demographics for 92590, CA
4,840
Population
2,023
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
89
Density / Sq Mi
$76,952
Median Household Income
$41,510
Median Earnings
$1,289
Median Rent
$1,201,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Commercial building with high visibility and accessibility near Interstate 15.
Where is this retail property located?
The property is located at 27310 Madison Avenue Temecula, CA.
What is the asking price?
The asking price for this property is $10,275,000.
What are key features of this property?
This property features: Strategically located commercial building with unparalleled accessibility.; High‑traffic corridor directly adjacent to Interstate 15 freeway.; Positioned for maximum exposure.
