29787 Antelope Rd, Menifee, CA 92584
Net-leased grocery asset anchored by regional specialty grocer.
- Added:
- Mar 10, 2026
- Days on Market:
- 109
- Last Refresh:
- Mar 19 at 10:31 pm
Property Features for 29787 Antelope Rd
General Information
- Standard status
- Active
- Size
- 17,854 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing office CBRE - Orange County (949) 725-8625
Listing date Mar 10, 2026
Source Crexi
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 CBRE - Orange County
HighLights
- Long‑term net‑leased grocery asset.
- Anchored by regional specialty grocer.
- Built in 2019.
Overview
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 | $407.1k | $22.80 |
| − Vacancy | −$16.3k | −$0.91 |
| EGI | $390.8k | $21.89 |
| − OpEx | −$97.7k | −$5.47 |
| NOI | $293.1k | $16.42 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Target Grocery — 30340 Haun Rd, Menifee, CA 92584
- Barons Market Menifee — 29787 Antelope Rd, Menifee, CA 92584
Location Insight
- Map
- Local Demand
- City
- Menifee
- County
- Riverside
- State
- California
- Longitude
- -117.1701805
- Latitude
- 33.6860978
