Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    40405 Winchester Road Temecula, CA 92591

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2 SF/Yr

    Modern retail space with high visibility in Temecula, CA.

    Type:Retail
    Added:
    Mar 6, 2026
    Days on Market:
    26
    Last Refresh:
    Mar 26 at 12:17 am

    Property Features for 40405 Winchester Road

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1998

    Spaces For Lease

    at 40405 Winchester Road Contact us

    We can help!

    Listing Contact
    Janet F. Kramer, JD, CCIM, CRRP

    Listing agent Janet F. Kramer, JD, CCIM, CRRP License #CalDRE #01351570

    Listing office

    Listing date Mar 6, 2026

    Source Svn

    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 Janet F. Kramer, JD, CCIM, CRRP

    Overview

    Prime Retail Space on Winchester

    This property presents a leasing opportunity on Winchester Road in Temecula, CA, suitable for retail or street retail tenants. The space features a modern design and versatile layout options. The building offers contemporary architecture, high visibility, and signage opportunities. A dedicated parking area and convenient access enhance its appeal. The location is near Promenade Temecula and Old Town Temecula, offering a mix of retail, dining, and entertainment options. The surrounding area combines suburban tranquility with urban convenience. The property features a spacious interior layout, customizable space, prominent Winchester Road frontage, and easy access for customers.
    Location Intelligence

    Current Use by Public Records

    ThirsTea - Boba, Rolled ... Cafe & Coffee Shop Dyna Wear Men'S Clothing Store Winchester Meadows Shopping Center & Mall Red Ginger China ... Restaurant Great Clips Hair Salon

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temecula
    County
    Riverside
    State
    California
    Longitude
    -117.152
    Latitude
    33.532

    Nearby Similar for Lease

    • Contact for pricing

      Professional Office Space Available

      Premier commercial location with access to shared amenities.
      27247 Madison Avenue, Temecula, CA 92590
      View Details
    • Contact for pricing

      Temecula Office Space for Lease

      Professional office suites with shared amenities in Temecula, California.
      27247 Madison Avenue, Temecula, CA 92590
      View Details
    • Sponsored
      Contact for pricing

      CA, Temecula - Enterprise Circle

      41877 Enterprise Cir, Temecula, CA 92590
      View Details
    • $1.10/mo

      Temecula Flex Space Available

      Flex space featuring upgraded power, fenced yard, and fire sprinklers.
      42202 Sarah Way, Temecula, CA 92590
      View Details
    • Contact for pricing

      Old Town Temecula Office Space

      Office space for rent in Old Town Temecula.
      28465 Old Town Front St., Temecula, CA 92590
      View Details
    • $1.75/mo

      Highly Improved Office Suite

      Office suite for sublease with excellent parking and location.
      29121 Overland Dr, Temecula, CA 92591
      View Details
    • $2/mo

      Temecula Office Space Available

      Office space featuring window-lined offices, conference room, and kitchen.
      43460 Ridge Park Dr, Temecula, CA
      View Details
    • Contact for pricing

      Temecula Office Suites Available

      Office suites for lease with utilities included and 24/7 access.
      28693 Old Town Front Street, Temecula, CA 92590
      View Details
    • $2/mo

      Temecula Parkway Office Space Available

      Office space available in Temecula, California.
      31309 Temecula Parkway, Temecula, CA 92592
      View Details
    • $2/mo

      Temecula Office Leasing Opportunity

      Premier office space for rent in Temecula, California.
      31515 Rancho Pueblo Road, Temecula, CA 92592
      View Details
    • $1.10/mo

      Professional Office Building For Rent

      Well-maintained office building with easy freeway access, approximately 14,214 square feet.
      41530 Enterprise Cir. S., Temecula, CA 92590
      View Details
    • $1.72/mo

      Temecula Office Space Available

      Office unit featuring reception, private offices, open area, and restroom.
      41689 Enterprise Cir N, Temecula, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Modern retail space with high visibility in Temecula, CA.
    Where is this retail space located?
    The property is located at 40405 Winchester Road Temecula, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Prime location on Winchester Road with high visibility and prominent frontage.; Versatile space suitable for retail or street retail businesses.; Customizable interior layout options to fit various business needs.
    (951) 600-8634
    We can help!
    Listing Contact
    Janet F. Kramer, JD, CCIM, CRRP
    Real Estate License ID: CalDRE #01351570
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!