Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Growing Area Title is generated by Realmo AI

    SEC Central Ave & Cambern Ave, Lake Elsinore, CA 92532

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Located in Lake Elsinore, a rapidly growing California city.

    Type:Retail
    Property size:
    871 SF
    Added:
    Nov 22, 2025
    Days on Market:
    191
    Last Refresh:
    May 20 at 12:22 am

    Property Features for SEC Central Ave & Cambern Ave

    General Information

    Standard status
    Active
    Size
    871 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Brian McDonald
    Brian McDonald

    Listing agent Brian McDonald License #1002150

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Brian McDonald

    HighLights

    • Strategic location at a prominent, signalized intersection with regional draw.
    • High traffic counts: Central Ave (37,718 CPD, projected 68,000 CPD) with I‑15 Freeway access (125,000 CPD).
    • Adjacent to proposed Walmart and near Costco and Lowe's anchored center.
    • Strong demographics and residential growth: current population 64,000, potential for 300,000 residents.
    • Great visibility and access to Central Ave & Cambern Ave.
    • Booming economy driven by significant public and private investment.

    Overview

    Located in Lake Elsinore, in the heart of the Inland Empire, this 871-square-foot retail property benefits from a strategic location at a prominent signalized intersection within a trade area. The property offers great visibility, identity, and access to Central Avenue and Cambern Avenue. It is positioned across from a proposed Walmart and catty-corner to a successful Costco and Lowe's anchored center. The location benefits from high traffic counts, with Central Avenue having 37,718 cars per day (CPD) projected to increase to 68,000 CPD at build-out, and the I-15 Freeway having 125,000 CPD. The city's strategic plan has led to economic growth and development driven by public and private investment. The city's current population is approximately 64,000, with the potential to grow to over 300,000 residents upon full build-out of all residential properties. There is currently no large format grocers at the site intersection, nor any specialty or natural grocers in the trade area, indicating a potential business opportunity.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Lake Elsinore
    County
    Riverside
    State
    California
    Longitude
    -117.297
    Latitude
    33.6843

    Nearby Similar for Lease

    • $3,500/Mo
      2,134 SF

      Lake Elsinore Commercial Office Space

      Conveniently located office space with flexible rental options.
      31571 Canyon Estates Drive, Lake Elsinore, CA 92532
      View Details
    • $1.45 SF/Yr
      5,032 SF

      Second Floor Office Space Available

      Office space for rent with flexible layout and ample parking.
      31461 Riverside Dr, Lake Elsinore, CA 92530
      View Details
    • $3,500/Mo

      Lake Elsinore Office Space

      Conveniently located office space with flexible rental options.
      31571 Canyon Estates Dr 220, Lake Elsinore, CA 92532
      View Details
    • $1.50 SF/Yr
      45,925 SF

      Retail and Restaurant Space Available

      In-line retail and restaurant space for rent on Casino Drive.
      31712-31724 Casino Drive, Lake Elsinore, CA 92530
      View Details
    • $0.75 SF/Yr
      32,362 SF

      Warehouse and Office Space Available

      Warehouse and office space with quick freeway access.
      32097 Corydon St., Lake Elsinore, CA 92530
      View Details
    • $2.00 SF/Yr
      62,946 SF

      Anchored Retail Center For Lease

      Neighborhood shopping center anchored by Cardenas Market.
      31928-31960 Mission Trail, Lake Elsinore, CA 92530
      View Details
    • $1.75 SF/Yr

      Office Space with Signage Available

      Office space for rent with signage and highway access.
      600 Central Ave Ste G, Lake Elsinore, CA 92530
      View Details
    • $13 SF/Yr
      2,671 SF

      Freeway Exposure Flex Space

      Flex space with freeway exposure, available July 1, 2025.
      18451 Collier Avenue Suite B, Lake Elsinore, CA 92530
      View Details
    • $1.75 SF/Yr
      1,268 SF

      Retail Space with Freeway Frontage

      Retail space featuring freeway frontage, water and trash included.
      271 San Jacinto River Rd, Lake Elsinore, CA
      View Details
    • $1.60 SF/Yr
      4,995 SF

      Lake Elsinore Office Space

      Office space available in Lake Elsinore, California.
      600 Central Ave, Bldg C-G, Lake Elsinore, CA
      View Details
    • Contact for pricing
      18,140 SF

      Industrial Units with Freeway Exposure

      Industrial and commercial units with I-15 freeway exposure.
      18421 Collier Avenue Unit B/C, Lake Elsinore, CA 92530
      View Details
    • Contact for pricing
      18,140 SF

      Lake Elsinore Commercial Space Available

      Flex, industrial, warehouse, office, showroom, and retail spaces for rent.
      18421 Collier Avenue Unit A, Lake Elsinore, CA 92530
      View Details

    FAQs

    What type of property is this?
    Shopping center - Located in Lake Elsinore, a rapidly growing California city.
    Where is this shopping center located?
    The property is located at SEC Central Ave & Cambern Ave Lake Elsinore, CA.
    What are key features of this property?
    This property features: Strategic location at a prominent, signalized intersection with regional draw.; High traffic counts: **Central Ave (37,718 CPD, projected 68,000 CPD) with I‑15 Freeway access (125,000 CPD).**; Adjacent to proposed Walmart and near Costco and Lowe's anchored center.
    (909) 418-2020
    We can help!
    Listing Contact
    Brian McDonald
    Brian McDonald
    Real Estate License ID: 1002150
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    SEC Central Ave & Cambern Ave, Lake Elsinore, CA, 92532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!