26825 Auto Mall PkwyMurrieta, CA 92562

  • Retail properties
  • 24,447 SF
For Lease
$36.48/SF/YR View listing

Property Details for 26825 Auto Mall Pkwy

Year built
2003
Construction
TILT-UP CONCRETE
Lot size
3.41 AC
Property size (Sq ft)
24,447 SF
Zone code
MU-2
Property type
Retail properties
Property subtype
Retail space
APN
910-263-002
APU
910263002

Description

This exceptional 24,698-square-foot, single-tenant car dealership is available for lease in the thriving Murrieta Auto Mall. Situated on 3.41 acres, this property boasts a prime location with direct frontage on the I-15 freeway (Temecula Valley Freeway), offering unparalleled visibility to both northbound and southbound traffic. The building, renovated in 2024, features a spacious showroom, retail area, customer lounge, parts department, administrative offices, and a twelve-bay enclosed service department. Significant improvements include a new roof (2020), energy-efficient LED lighting, asphalt slurry sealing, six EV chargers, and solar panels (with a fixed-rate power generation offer from the owner). The property also benefits from an 800-amp, 277/480V power supply. Its convenient location is adjacent to the southbound off-ramp at French Valley Parkway, near a planned east-west overpass, and easily accessible from the I-15 freeway via the French Valley Parkway exit onto Jefferson Avenue. The property features prominent signage on an electric reader pylon sign. This turnkey operation is part of a master-planned auto mall, benefiting from a $138 million project designed to improve I-15 freeway traffic flow. The property's location provides unobstructed sightlines to maximize visibility and attract customers. The building is currently vacant, presenting a unique opportunity for immediate occupancy. The Assessor's Parcel Number (APN) is 910-263-002, located in Riverside County, California, with a Murrieta address of 26825 Auto Mall Pkwy, zip code 92562. The building is a two-story structure built in 2003.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,876,966
    6.5%
    $9,117,199
    7%
    $8,465,971
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,807,156
    Geo Method
    $21,683,618
  • Alternative Use

    Use
    Valuation
    Residential
    $7,690,698
    Hospitality
    $7,044,638
    Educational
    $5,861,056
    Medical
    $6,062,628
    Retail
    $9,117,199
26825 Auto Mall Pkwy, Murrieta, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Murrieta
County
Riverside
State
California
Latitude
33.5313
Longitude
-117.171
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$131,692
$3,060,000
$7,344,000
$10,404,000
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