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Single-Story NNN Retail Property
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33000 Sangston Dr, Lake Elsinore, CA 92530

Absolute-net lease structure places taxes, insurance, maintenance, roof, structure, and parking responsibilities with the tenant.

Property Size9,100 SF
Days on Market145

Property Features for 33000 Sangston Dr

General Information

Standard status Active
Size 9,100 SF
Total Parking Spaces 45
Property subtype Retail

Building Details

Buildings 1
Stories 1
Construction concrete block and prefab steel
Tenancy Single
Listing Agency: Cushman & Wakefield - San Francisco, California
Listed By: Andrew Bogardus · License #CA 00913825
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:19AM

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 Cushman & Wakefield - San Francisco, California

Investment Insights

Based on property information with market context.

This single-story retail building contains approximately 9,100 square feet and provides 45 onsite parking spaces. Construction includes a concrete-block front with prefabricated steel along the sides and rear, with completion scheduled for early fall 2021.

The property is leased to Dolgen California, LLC, with a Dollar General guaranty. The absolute-net lease began in October 2021 for an initial 15-year term, and the tenant is responsible for taxes, insurance, common area maintenance, the roof, the structure, and the parking lot. Three five-year extension options are available, each providing a 10% increase at commencement.

Key Highlights

  • Approximately 9,100‑square‑foot single‑story retail building
  • 45 onsite parking spaces
  • Leased to Dolgen California, LLC with a Dollar General guaranty

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 92530, CA

59,098
Population
18,502
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
77.1 sq mi
ZIP Area
767
Density / Sq Mi
$84,799
Median Household Income
$41,138
Median Earnings
$1,705
Median Rent
$467,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute-net lease structure places taxes, insurance, maintenance, roof, structure, and parking responsibilities with the tenant.
Where is this nnn property located?
The property is located at 33000 Sangston Dr Lake Elsinore, CA.
What are key features of this property?
This property features: Approximately 9,100‑square‑foot single‑story retail building; 45 onsite parking spaces; Leased to Dolgen California, LLC with a Dollar General guaranty
More about this property
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