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    & Aspell Menifee CA 92584 Mccall Blvd Menifee, CA 92585

    For Lease
    Contact for pricing

    High-traffic retail space near hospital.

    Lot size:
    752,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, known as The Courts, presents a unique investment opportunity in the rapidly growing city of Menifee, California. Situated at the intersection of McCall Blvd and Aspell, this 17.28-acre site boasts a prime location directly across from the Menifee Global Medical Center, a 400-bed hospital employing over 350 medical professionals. The property currently features a mix of retail, medical, and office spaces, complemented by a restaurant component. A significant advantage is the presence of 240 existing residential units on-site, ensuring a built-in customer base. Furthermore, the city of Menifee is experiencing substantial residential growth, with an additional 10,682 residential units currently under development. This influx of new residents will significantly increase foot traffic and demand for retail services in the area. One retail space is currently available, making this an ideal opportunity for businesses seeking high visibility and access to a thriving community. The property's strategic location and the ongoing residential development create a compelling investment prospect with strong potential for future appreciation. The property is classified as Retail/Medical/Office with multiple tenancies.

    Property Features for & Aspell Menifee CA 92584 Mccall Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    752,717 SF

    Unit(s) available at that property

    Space
    Land
    Size
    752,717 SF

    HighLights

    • 17.28‑acre retail, medical, and office center in Menifee, CA, across from a 400‑bed hospital.
    • Prime location on McCall Blvd and Aspell, with 240 existing residential units and 10,682 more under development.
    • Situated on the rapidly growing McCall corridor, within one mile of I‑215 Freeway.
    • 7.5% population growth projected in the next two years.
    • Signalized intersection at Antelope and McCall, on the inbound side of McCall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.17113
    Latitude
    33.718168

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space near hospital.
    Where is this retail property located?
    The property is located at & Aspell Menifee CA 92584 Mccall Blvd Menifee, CA.
    What are key features of this property?
    This property features: 17.28-acre retail, medical, and office center in Menifee, CA, across from a 400-bed hospital.; Prime location on McCall Blvd and Aspell, with 240 existing residential units and 10,682 more under development.; Situated on the rapidly growing McCall corridor, within one mile of I-215 Freeway.
    Request Owner's contact information
    & Aspell Menifee CA 92584 Mccall Blvd Menifee, CA 92585
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    Menifee, CA 92585
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    Realmo Value Estimation

    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.

    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.

    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
    & Aspell Menifee CA 92584 Mccall Blvd Menifee, CA 92585
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