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Neighborhood Shopping Center with Drive-Thru

27365-27371 Jefferson Ave Temecula, CA 92590

New
27365-27371 Jefferson Ave, Temecula, CA, 92590
$13,600,000
For Sale
Claim this Listing
$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
AddedJul 15
Days on Market1
Last RefreshJul 15 at 2:31 am

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 office Marcus & Millichap

Listing date Jul 15, 2026

Source Marcusmillichap

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


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.

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 (±1% cap)
NOI $538,698 @ 7.0% cap · market cap 3.96%
Second Best
Retail
$7.18M
$6.28M – $8.38M (±1% cap)
NOI $502,785 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$10.72M
$9.38M – $12.50M (±1% cap)
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

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Bed & Breakfast Butcher Supermarket (Bike/Boat/Book/etc) Store Farmer's Market

Zoning and permitted uses should be independently verified with local authorities.

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)
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