Highly Visible Retail
For Sale
Contact for pricing
570-A Central Ave, Lake Elsinore, CA 92530
A for-sale retail storefront with convenient Interstate 15 access and strong visibility across from a major retail interchange.
Property Size4,033 SF
Price / SF$226
Days on Market97
Property Features for 570-A Central Ave
General Information
Standard status
Active
Size
4,033 SF
Property subtype
Retail, Industrial
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Lee & Associates - Temecula Valley
Listed By:
Charley Black · License #CA#01000597
(951) 445-4507
Source:
Crexi
Added: Jun 2
Changed: Aug 22
Last Checked: Sep 4 at 3:39AM
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 Lee & Associates - Temecula Valley
Investment Insights
Based on property information with market context.
This for-sale retail storefront offers a straightforward street-level configuration for commercial use. The offering is positioned as a retail space within a convenient, easily accessed commercial setting, with visibility emphasized in the property’s public description.
The location is described as providing convenient access to Interstate 15 and a highly visible setting. The property is noted as directly across from the Target retail center interchange, which supports easy routing for drivers coming off and returning to the interstate network.
For tenants, retailers, or buyers looking for a storefront that can take advantage of interstate-adjacent access, this asset’s positioning can be a practical fit. Its proximity to a well-known retail center interchange may support day-to-day customer traffic patterns typical of major retail corridors, while the storefront format can align with businesses seeking a direct, retail-facing presence.
No additional building features, unit configuration details, or tenancy information were provided in the source material, so prospective users are encouraged to confirm specifics during due diligence.
The location is described as providing convenient access to Interstate 15 and a highly visible setting. The property is noted as directly across from the Target retail center interchange, which supports easy routing for drivers coming off and returning to the interstate network.
For tenants, retailers, or buyers looking for a storefront that can take advantage of interstate-adjacent access, this asset’s positioning can be a practical fit. Its proximity to a well-known retail center interchange may support day-to-day customer traffic patterns typical of major retail corridors, while the storefront format can align with businesses seeking a direct, retail-facing presence.
No additional building features, unit configuration details, or tenancy information were provided in the source material, so prospective users are encouraged to confirm specifics during due diligence.
Key Highlights
- For‑sale retail storefront
- Convenient access to Interstate 15
- Directly across from a Target retail center interchange
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,808
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,156,160
$1.2M
Cap Rate 7%
$825,829
$825.8K
Cap Rate 9%
$642,311
$642.3K
Market Conditions
NOI Build-Up for 4,033 SF
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.
Gross rent
$87.1K $21.60/SF
− Vacancy
−$4.5K −$1.12/SF
EGI
$82.6K $20.48/SF
− OpEx
−$24.8K −$6.14/SF
NOI
$57.8K $14.33/SF
Area
Riverside County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,156,160
Cap Rate 7%
$825,829
Cap Rate 9%
$642,311
Alternative Uses
Best Use
Retail
$825.8K
$722.6K – $963.5K
NOI $57,808 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,575 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
170k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Dining 32%
Shops & Services 10%
Home Improvements & Furnishings 6%
Target
Superstores
82,387 visits/mo
0.1 miles
McDonald's
Dining
34,123 visits/mo
0.1 miles
Bank of America
Shops & Services
13,844 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
10,844 visits/mo
0.3 miles
Starbucks
Dining
9,781 visits/mo
0.1 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - A for-sale retail storefront with convenient Interstate 15 access and strong visibility across from a major retail interchange.
Where is this storefront property located?
The property is located at 570-A Central Ave Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $911,458.
What are key features of this property?
This property features: For‑sale retail storefront; Convenient access to Interstate 15; Directly across from a Target retail center interchange
