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Retail Space Near Interstate 215
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28999 Newport Rd, Menifee, CA 92584

Retail spaces available in Menifee, anchored by Stater Bros.

Space SizeContact for details
Property Size121,277 SF
Days on Market1412

Property Features for 28999 Newport Rd

General Information

Standard status Active
Size 121,277 SF
Property subtype Retail

Building Details

Building Size 121,277 SF
Tenancy Multiple

Spaces For Lease

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Listing Agency: NewMark Merrill Companies
Listed By: Greg Giacopuzzi · License #CA 01906640
Source: Crexi
Added: Dec 4, 2022 Changed: Oct 1 Last Checked: Oct 14 at 11:18PM

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 NewMark Merrill Companies

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Investment Insights

Based on property information with market context.

Located east of Interstate 215, The Shoppes at the Lakes is anchored by Stater Bros. and CVS. Ground lease, build-to-suit, and shop opportunities are available, with spaces starting at 1,000 square feet. The city of Menifee has approximately 10,610 units in various phases of development across 9 approved specific plans and 66 residential tract maps.

Key Highlights

  • Anchored by Stater Bros. and CVS, providing established customer traffic.
  • Located east of Interstate 215, offering excellent accessibility.
  • Ground lease, BTS (Build‑to‑Suit), and shop opportunities available.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Restaurant Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
156k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Groceries 35% Shops & Services 25% Beauty & Spa 1%
Stater Bros. Markets Groceries
54,931 visits/mo 0.2 miles
McDonald's Dining
33,194 visits/mo 0.2 miles
ARCO Shops & Services
23,372 visits/mo 0.2 miles
AMPM Shops & Services
15,021 visits/mo 0.2 miles
Starbucks Dining
10,937 visits/mo 0.3 miles

Demographics for 92584, CA

55,517
Population
18,480
Households
3
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
29.1 sq mi
ZIP Area
1,908
Density / Sq Mi
$113,470
Median Household Income
$53,466
Median Earnings
$2,301
Median Rent
$562,100
Median Home Value
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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

Similar Off Market Nearby

  • Menifee Town Center — 30123 Antelope Rd, Menifee, CA 92584
  • California DMV Now Kiosk — 30125 Antelope Rd, Menifee, CA 92584
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Ralphs Grocery Co., 30125 Antelope Road, Menifee, CA 92584
  • Menifee Lakes Plaza — 29701, 29971 Antelope Rd, Menifee, CA 92584

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Menifee, anchored by Stater Bros.
Where is this shopping center located?
The property is located at 28999 Newport Rd Menifee, CA.
What are key features of this property?
This property features: Anchored by Stater Bros. and CVS, providing established customer traffic.; Located east of Interstate 215, offering excellent accessibility.; Ground lease, BTS (Build‑to‑Suit), and shop opportunities available.
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