Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27701 Scott Rd Menifee, CA 92584

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Menifee retail space available now.

    Lot size:
    528,000 SF

    Property Features for 27701 Scott Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    528,000 SF

    Spaces For Lease

    at 27701 Scott Rd, Menifee, CA 92584 Contact us

    We can help!

    Listing Contact
    Nicholas Earle
    Nicholas Earle

    Listing Agency: Catalyst Retail, Inc. Listing Agent: Nicholas Earle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The Shops at Scott, located at 27701 Scott Rd in Menifee, California (zip code 92584), offers exceptional retail opportunities in Riverside County. This multi-tenant property boasts a total of 528,000 square feet, providing a diverse range of space options. Currently, there are 20,566 square feet of vacant retail space available for lease, divisible into units ranging from a minimum of 1,236 square feet to a maximum contiguous space of 7,000 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail spaces to suit their specific needs. The property's strategic location in Menifee, California offers excellent visibility and accessibility, making it an ideal location for attracting customers. The Shops at Scott provides a vibrant and thriving retail environment, perfect for businesses looking to establish a strong presence in a growing community. Interested parties are encouraged to inquire about available spaces and lease terms. The property is categorized as storefront retail and is situated at 33.6411322 latitude and -117.1747289 longitude.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.1747289
    Latitude
    33.6411322

    Nearby Similar for Lease

    • Contact for pricing
      14,184 SF

      Retail Space in Sun City

      Retail property available for lease in Sun City, CA.
      27388 Sun City Blvd, Sun City, CA 92586
      View Details
    • Contact for pricing
      12,596 SF

      Menifee Lakes Plaza Office Space

      Office space available for rent in Menifee Lakes Plaza.
      29787 Antelope Rd, Menifee, CA 92584
      View Details
    • $1.25 SF/Yr
      36,417 SF

      Industrial Space in Menifee

      Multi-tenant industrial building with dock and ground level loading.
      33380 Zeiders Rd, Menifee, CA 92584
      View Details
    • $1.99 SF/Yr
      4,650 SF

      Office Space Near I-215 Freeway

      Office space visible from I-215, near amenities and fire station.
      28401 Bradley Rd, Sun City, CA 92586
      View Details
    • $1,995 /Mo

      Furnished Commercial Building with Parking

      Stand-alone building with parking, furnished, suitable for professional use.
      23971 Newport Dr, Menifee, CA 92587
      View Details
    • Contact for pricing
      58,600 SF

      Retail and Drive-Thru Spaces Available

      Pre-leasing retail and drive-thru pads in new shopping center.
      Nec Newport Rd. & Bradley Rd, Menifee, CA 92584
      View Details
    • Contact for pricing
      22,000 SF

      Medical Office Building For Lease

      Proposed two-story medical office building for lease, divisible to 11,000 SF.
      Swq Newport Rd. & Wingate Ln, Menifee, CA 92584
      View Details
    • Contact for pricing
      13,100 SF

      Retail Space in Menifee Center

      Retail space available in neighborhood shopping center in Menifee.
      Nec Mccall Blvd. & Junipero Rd, Menifee, CA 92585
      View Details
    • Contact for pricing
      7,000 SF

      Restaurant/Retail Space Available

      Proposed restaurant/retail space for rent in Menifee, CA.
      NE Of Antelope Rd And Mccall Blvd, Menifee, CA
      View Details
    • Contact for pricing
      220,606 SF

      New Industrial Warehouse Space Available

      Newly constructed industrial warehouse with ample loading and parking.
      33540 Zeiders Rd, Menifee, CA 92584
      View Details
    • Contact for pricing
      25,049 SF

      Retail Property on Newport Road

      Retail property available for lease on Newport Road, Menifee, CA.
      26015-26045 Newport Rd | Menifee, Menifee, CA 92584
      View Details
    • Contact for pricing
      42,020 SF

      Retail Space Near Countryside Marketplace

      Retail property near a 735,000 SF power center.
      30095-30159 Haun Rd | Menifee, Sun City, CA 92586
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Menifee retail space available now.
    Where is this retail property located?
    The property is located at 27701 Scott Rd Menifee, CA.
    What are key features of this property?
    This property features: ±1,470 - ±7,000 SF of retail space available for lease.; High-traffic location directly across from a planned Super Walmart.; Across the street from a 528,000 SF master-planned retail development.
    Request Owner's contact information
    27701 Scott Rd Menifee, CA 92584
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27701 Scott Rd
    Menifee, CA 92584
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    27701 Scott Rd Menifee, CA 92584
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nicholas Earle
    Nicholas Earle
    Real Estate License ID: 01916982
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!