For Sale
$18,876,000
30472 Haun RdMenifee, CA 92584
- Added:
- Dec 11, 2024
- Days on market:
- 124
Highlights
- Fee simple interest in a long-term ground lease with Lowe's as the tenant; a passive investment opportunity with Lowe's responsible for all repairs and maintenance.
- Investment-grade tenant (S&P BBB+), Lowe's, a top global retailer, occupies the property.
- Located in a 100% occupied, 721,858 square foot community shopping center with strong co-tenants including Super Target, Kohl's, Best Buy, and others.
- High visibility and accessibility with frontage on a major road and proximity to an interstate on/off ramp.
- Offered below current land value due to Lowe's covering all improvements, resulting in a low base rent.
- Part of a dominant, over 1 million square foot shopping center in a high-income, affluent trade area in Riverside County.
Property Details for 30472 Haun Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 139,410 SF
- Year Built
- 2008
- Buildings
- 1
- Lot Size (sq. ft)
- 566,280 SF
- Units
- 1
Location Insight
- City
- Menifee
- County
- Riverside
- State
- California
- Latitude
- 33.6784937
- Longitude
- -117.1724641
30472 Haun Rd, Menifee, California
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FAQs
- Where is the lifestyle center located?
- The property is located at 30472 Haun Rd Menifee, CA.
- What is the asking price?
- The asking price for this property is $18,876,000.
- What are key features of this property?
- This property features: Fee simple interest in a long-term ground lease with Lowe's as the tenant; a passive investment opportunity with Lowe's responsible for all repairs and maintenance.; Investment-grade tenant (S&P BBB+), Lowe's, a top global retailer, occupies the property.; Located in a 100% occupied, 721,858 square foot community shopping center with strong co-tenants including Super Target, Kohl's, Best Buy, and others.
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