Neighborhood Shopping Center with
27365 JEFFERSON AVE Temecula, CA 92590
New
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
(213) 943-1781
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.
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
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
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
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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