Neighborhood Shopping Center with
27365-27371 Jefferson Ave Temecula, CA 92590
27365-27371 Jefferson Ave, Temecula, CA, 92590
$13,600,000
For Sale
$13,600,000
Anchored by Starbucks and Sherwin-Williams at a signalized intersection with multiple ingress/egress points.
Property Size34,533 SF
Price / SF$393.83
Days on Market9
Property Features for 27365-27371 Jefferson Ave
General Information
- Standard status
- Active
- Size
- 34,533 SF
- Property subtype
- Shopping Neighborhood
Building Details
- Year Built
- 1989
Listing agency
Marcus & Millichap - Los Angeles
(213) 943-1822
Listed by
Orbell Ovaness · License #License(s): CA: 01402142
(213) 943-1822
Source
Marcusmillichap
Added: Jul 15 Checked: Jul 23 at 2:37AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Plaza Seville is a neighborhood shopping center offering anchored retail anchored by Starbucks and Sherwin-Williams, along with a mix of established daily-needs and service-oriented tenants. The center also includes a Starbucks drive-thru outparcel.
The property is positioned at the signalized intersection of Jefferson Avenue and Via Montezuma, designed to support convenient access with multiple ingress/egress points. It is located near Rancho California Road, which carries approximately 31,018 VPD, and about a half block from Winchester Road, which carries approximately 46,813 VPD, supporting strong visibility to commuter traffic along Temecula’s primary retail corridor.
The center is surrounded by major national retailers and regional shopping destinations, including Costco, Target, Walmart, Home Depot, and Promenade Temecula. Placer.ai identifies the Starbucks drive-thru as a top performing location based on customer visits and traffic volume.
The property is positioned at the signalized intersection of Jefferson Avenue and Via Montezuma, designed to support convenient access with multiple ingress/egress points. It is located near Rancho California Road, which carries approximately 31,018 VPD, and about a half block from Winchester Road, which carries approximately 46,813 VPD, supporting strong visibility to commuter traffic along Temecula’s primary retail corridor.
The center is surrounded by major national retailers and regional shopping destinations, including Costco, Target, Walmart, Home Depot, and Promenade Temecula. Placer.ai identifies the Starbucks drive-thru as a top performing location based on customer visits and traffic volume.
Key Highlights
- Year built 1989 shopping center anchored by Starbucks and Sherwin‑Williams
- Located at the signalized intersection of Jefferson Avenue and Via Montezuma
- Multiple ingress/egress points with exposure to commuter traffic near Rancho California Rd (~31,018 VPD) and Winchester Rd (~46,813 VPD)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $762.5k | $22.08 |
| − Vacancy | −$44.2k | −$1.28 |
| EGI | $718.3k | $20.80 |
| − OpEx | −$179.6k | −$5.20 |
| NOI | $538.7k | $15.60 |
34,533 SF · lease $22.08/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$7.70M
$6.73M – $8.98M
NOI $538,698 @ 7.0% cap · market cap 3.96%
Second Best
Retail
$7.18M
$6.28M – $8.38M
NOI $502,785 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$10.72M
$9.38M – $12.50M
NOI $750,289 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Jefferson Court — 27570-27576 Jefferson Ave, Temecula, CA 92590
- Los Amigos Shopping Center — 27911 Jefferson Ave, Temecula, CA 92590
- InstaBitATM Bitcoin ATM — 41555 Winchester Rd, Temecula, CA 92590
- Winchester Square Shopping Center — 27485 Jefferson Ave, Temecula, CA 92590
- Rancho Temecula Center — 27715 Jefferson Ave Suite 114, Temecula, CA 92590
FAQs
What type of property is this?
Shopping center - Anchored by Starbucks and Sherwin-Williams at a signalized intersection with multiple ingress/egress points.
Where is this shopping center located?
The property is located at 27365-27371 Jefferson Ave Temecula, CA.
What is the asking price?
The asking price for this property is $13,600,000.
What are key features of this property?
This property features: Year built 1989 shopping center anchored by Starbucks and Sherwin‑Williams; Located at the signalized intersection of Jefferson Avenue and Via Montezuma; Multiple ingress/egress points with exposure to commuter traffic near Rancho California Rd (~31,018 VPD) and Winchester Rd (~46,813 VPD)
