41529-41539 Kalmia St Murrieta, CA 92562
Kalmia Plaza, a single-story, Class B retail center in Murrieta, CA, offers a prime retail investment opportunity. This 31,837 square foot shopping center, built in 2006, features a total of 143 parking spaces and is situated on 2.87 acres of land (APN: 906-060-086, 906-060-087). Currently, there are 5,989 square feet of vacant space available, including an 1,856 square foot endcap and a 4,133 square foot suite. The maximum contiguous space available is 10,738 square feet. The property benefits from a convenient location directly across from Murrieta's Town Square Park, one block from the I-15 freeway interchange, and within walking distance of the Historic Murrieta District, ensuring high visibility and accessibility. The zoning is MU-3, and the building has a floor area ratio (FAR) of 0.25. This property presents a unique chance to establish or expand a retail presence in a thriving Murrieta community. The property is zoned MU-3 in Riverside County and offers excellent parking and loading access. The available spaces provide flexibility for various retail concepts. This is a multiple-tenancy property, previously including a restaurant. The property's prime location and ample parking make it an attractive option for businesses seeking high foot traffic and convenient access for customers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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