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Neighborhood Shopping Center with Drive-Thru

27365 JEFFERSON AVE Temecula, CA 92590

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27365 JEFFERSON AVE, Temecula, CA, 92590
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For Sale
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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 Market4

Property Features for 27365 JEFFERSON AVE

General Information

Standard status
Active
Size
34,533 SF
Property subtype
Retail

Building Details

Year Built
1989
Listing Agency Marcus & Millichap - Los Angeles
Listed by Ara Rostamian · License #CA 01814678
Source Crexi
Added: Jul 16 Checked: Jul 19 at 2:16 am

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 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.

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

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

Smiles of Temecula Dental ... Dental Office Castro-Licup Christine DDS Dental Office Una Lash Hair Salon Perfect Pet Spaw Pet Grooming Service Hair by Stevie ... Hair Salon

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 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
Contact an agent
(213) 943-1781 Call to check price and availability
More about this property
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