Neighborhood Shopping Center with
For Sale
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27365 JEFFERSON AVE, Temecula, CA 92590
Anchored retail center featuring a Starbucks drive-thru and Sherwin-Williams at a signalized intersection in a high-traffic retail corridor.
Property Size34,533 SF
Price / SF$393.83
Days on Market96
Property Features for 27365 JEFFERSON AVE
General Information
Standard status
Active
Size
34,533 SF
Total Parking Spaces
156
Property subtype
Retail
Zoning
C
Occupancy
92%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$834,459
Building Details
Year Built
1989
Year Renovated
2026
Buildings
5
Stories
1
Units
15
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Ara Rostamian · License #CA 01814678
(213) 943-1781
Source:
Crexi
Added: Jul 16
Changed: Oct 18
Last Checked: Oct 19 at 4:53AM
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
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Investment Insights
Based on property information with market context.
Plaza Seville is a neighborhood shopping center anchored by Starbucks and Sherwin-Williams, supported by a diverse mix of daily-needs and service-oriented tenants. The property includes a Starbucks drive-thru as an outparcel, positioned for heavy visibility and customer access.
The center sits at the signalized intersection of Jefferson Avenue and Via Montezuma, with multiple ingress/egress points. It benefits from strong commuter exposure near Rancho California Road (approximately 31,018 VPD) and about a half block from Winchester Road (approximately 46,813 VPD).
The surrounding area is anchored by major national and regional retailers including Costco, Target, Walmart, Home Depot, and Promenade Temecula. The offering is presented as a stabilized retail asset with an in-place tenant base and operational history, and it includes detailed local market support cited in the remarks.
The center sits at the signalized intersection of Jefferson Avenue and Via Montezuma, with multiple ingress/egress points. It benefits from strong commuter exposure near Rancho California Road (approximately 31,018 VPD) and about a half block from Winchester Road (approximately 46,813 VPD).
The surrounding area is anchored by major national and regional retailers including Costco, Target, Walmart, Home Depot, and Promenade Temecula. The offering is presented as a stabilized retail asset with an in-place tenant base and operational history, and it includes detailed local market support cited in the remarks.
Key Highlights
- Year built: 1989; anchored neighborhood shopping center with Starbucks and Sherwin‑Williams
- Starbucks drive‑thru outparcel with Placer.ai ranking in the top 11% nationwide and top 18% in California for customer visits and traffic volume
- Signalized intersection location at Jefferson Avenue and Via Montezuma with multiple ingress/egress points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$502,785
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,055,700
$10.1M
Cap Rate 7%
$7,182,643
$7.2M
Cap Rate 9%
$5,586,500
$5.6M
Market Conditions
NOI Build-Up for 34,533 SF
Gross rent
$762.5K $22.08/SF
− Vacancy
−$44.2K −$1.28/SF
EGI
$718.3K $20.80/SF
− OpEx
−$215.5K −$6.24/SF
NOI
$502.8K $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 Rate 5%
$10,055,700
Cap Rate 7%
$7,182,643
Cap Rate 9%
$5,586,500
Alternative Uses
Best Use
Retail
$7.18M
$6.28M – $8.38M
NOI $502,785 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,411
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
FedEx Office Print & Ship Center
Shops & Services
2,132 visits/mo
0.5 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Los Amigos Shopping Center — 27911 Jefferson Ave, Temecula, CA 92590
- Jefferson Court — 27570-27576 Jefferson Ave, Temecula, CA 92590
- Rancho Temecula Center — 27715 Jefferson Ave Suite 114, Temecula, CA 92590
- Winchester Square Shopping Center — 27485 Jefferson Ave, Temecula, CA 92590
- InstaBitATM Bitcoin ATM — 41555 Winchester Rd, Temecula, CA 92590
Frequently Asked Questions
What type of property is this?
Shopping center - Anchored retail center featuring a Starbucks drive-thru and Sherwin-Williams at a signalized intersection in a high-traffic retail corridor.
Where is this shopping center located?
The property is located at 27365 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; anchored neighborhood shopping center with Starbucks and Sherwin‑Williams; Starbucks drive‑thru outparcel with Placer.ai ranking in the top 11% nationwide and top 18% in California for customer visits and traffic volume; Signalized intersection location at Jefferson Avenue and Via Montezuma with multiple ingress/egress points
