26730 Mccall Blvd Menifee, CA 92586-2222
This exceptional investment opportunity presents a 1,792 square foot convenience store in Sun City, CA, boasting a strong 5.50% cap rate and a substantial NOI of $230,000. The property, built in 1986 and situated on a 0.66-acre lot, features 6 gas pumps and ample parking (8 spaces). Currently operating under a single-tenant, absolute NNN lease with United Pacific, a joint venture between subsidiaries of Phillips 66 and Fortress Investment Group, LLC, the lease extends until June 29, 2034, with a remaining term of approximately 9.6 years. The lease includes attractive rent bumps of 7.50% in July 2029 and in each of three 5-year options. This fee-simple ownership offers potential bonus depreciation benefits. The property is strategically located at 26730 McCall Blvd, Menifee, CA 92586, within a high-traffic area, providing excellent visibility and access. The tenant, CF United LLC, operates 511 retail gas stations across multiple states. This well-established business, with an average operating history of approximately 50 years, presents a secure and lucrative investment opportunity with high barriers to entry for competitors. The asking price is $4,181,818, translating to a price per square foot of $2,333.60. The property's location within Riverside County, California, offers significant long-term growth potential. This is a rare chance to acquire a high-performing, established convenience store with a long-term lease and significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CP · Menifee, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.