Property profile

41529-41539 Kalmia St Murrieta, CA 92562

OFF-MARKET
Lifestyle centers
31,837 SF 2.87 ac lot Built 2006
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Year built 2006
Total area 31,837 SF
Lot 2.87 ac (125,017 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41529-41539 Kalmia St Murrieta, CA 92562
Murrieta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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