Single-Tenant Drug Store with
For Sale
Contact for pricing
40640 California Oaks, Murrieta, CA 92562
Single-occupant retail building with drive-through access in a dense Southern California retail environment.
Property Size16,708 SF
Days on Market143
Property Features for 40640 California Oaks
General Information
Standard status
Active
Size
16,708 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
30,000 vehicles/day
Building Details
Year Built
1999
Buildings
1
Tenancy
Single
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Daniel Tyner · License #CA 01959818
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 9:02AM
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 JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
This 16,708-square-foot drug store is configured as a single-tenant retail building occupied by Rite Aid under a corporate lease with Thrifty Payless, a wholly owned subsidiary of Rite Aid. The property opened in 1999 and includes a drive-through component. The lease has approximately 3 + years remaining in its fixed term, along with six (5-year options) and rental escalations during each option period.
The building occupies the southeast corner of California Oaks Road at 40640 California Oaks in Murrieta, California. California Oaks Road carries 30,000+ CPD, and the site is positioned on the side of the road serving motorists traveling toward surrounding residential areas. The property is located within a dense retail concentration that includes Target, LA Fitness, Albertsons, Chipotle, Starbucks, Walgreens, Chase Bank, McDonalds, Taco Bell, Bed Bath & Beyond, and Burger King.
The building occupies the southeast corner of California Oaks Road at 40640 California Oaks in Murrieta, California. California Oaks Road carries 30,000+ CPD, and the site is positioned on the side of the road serving motorists traveling toward surrounding residential areas. The property is located within a dense retail concentration that includes Target, LA Fitness, Albertsons, Chipotle, Starbucks, Walgreens, Chase Bank, McDonalds, Taco Bell, Bed Bath & Beyond, and Burger King.
Key Highlights
- 16,708 SF single‑tenant drug store building
- Occupied by Rite Aid under a corporate lease with Thrifty Payless
- Approximately 3 + years remain in the fixed lease term
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
311k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Shops & Services 26%
Groceries 20%
Dining 19%
Target
Superstores
99,457 visits/mo
0.4 miles
Albertsons
Groceries
47,677 visits/mo
0.3 miles
Dollar Tree
Shops & Services
23,046 visits/mo
0.3 miles
McDonald's
Dining
20,857 visits/mo
0.2 miles
Barons Market
Groceries
13,358 visits/mo
0.3 miles
Demographics for 92562, CA
64,270
Population
22,362
Households
2.9
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
110.3 sq mi
ZIP Area
583
Density / Sq Mi
$113,204
Median Household Income
$55,495
Median Earnings
$2,262
Median Rent
$629,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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- Sav-On Pharmacy — 41000 California Oaks Rd, Murrieta, CA 92562
- CVS Pharmacy — 41040 California Oaks Rd, Murrieta, CA 92562, United States
Frequently Asked Questions
What type of property is this?
Drug store - Single-occupant retail building with drive-through access in a dense Southern California retail environment.
Where is this drug store located?
The property is located at 40640 California Oaks Murrieta, CA.
What are key features of this property?
This property features: 16,708 SF single‑tenant drug store building; Occupied by Rite Aid under a corporate lease with Thrifty Payless; Approximately 3 + years remain in the fixed lease term
