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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

& Aspell Menifee CA 92584 Mccall Blvd Menifee, CA 92585

17.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, known as The Courts, presents a unique investment opportunity in the rapidly growing city of Menifee, California. Situated at the intersection of McCall Blvd and Aspell, this 17.28-acre site boasts a prime location directly across from the Menifee Global Medical Center, a 400-bed hospital employing over 350 medical professionals. The property currently features a mix of retail, medical, and office spaces, complemented by a restaurant component. A significant advantage is the presence of 240 existing residential units on-site, ensuring a built-in customer base. Furthermore, the city of Menifee is experiencing substantial residential growth, with an additional 10,682 residential units currently under development. This influx of new residents will significantly increase foot traffic and demand for retail services in the area. One retail space is currently available, making this an ideal opportunity for businesses seeking high visibility and access to a thriving community. The property's strategic location and the ongoing residential development create a compelling investment prospect with strong potential for future appreciation. The property is classified as Retail/Medical/Office with multiple tenancies.

Property profile
Verified
Property type Retail properties & Spaces
Lot 17.28 ac (752,717 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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