Property profile

27690 Clinton Keith Rd Murrieta, CA 92562

OFF-MARKET
Banks
Property ID
US09-0961838
5,588 SF 1.28 ac lot Built 2007
Trust Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a free-standing Bank of America branch located at 27690 Clinton Keith Rd, Murrieta, CA 92562. The 5,588 square foot building, constructed in 2007, sits on a prominent pad site at the southwest corner of the Orchard Station Shopping Center, boasting excellent visibility and accessibility. The property benefits from a strong tenant in Bank of America, a globally recognized financial institution, under a Net Lease (NNN) agreement with a remaining lease term of approximately 2.7 years. The lease commenced August 1, 2007, and includes four 5-year renewal options, providing long-term stability and predictable cash flow. The asking price is $4,220,000, representing a compelling cap rate of 6.50% and a price per square foot of $984.25. The property enjoys 100% occupancy and is situated in a high-growth area, surrounded by major retailers including Super Target, Tractor Supply, Dollar Tree, and Starbucks. Further enhancing the location's appeal, Home Depot is under construction, while Ross has an executed lease and Petsmart is in lease negotiations, indicating significant future growth for the shopping center. The property's strategic location at the intersection of Clinton Keith Road and McElwain Road, directly across from a new Costco development, ensures high traffic volume and strong visibility. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a creditworthy tenant in a thriving retail environment.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction STEEL FRAME
Total area 5,588 SF
Lot 1.28 ac (55,756 SF)
APN 392-270-022
UPID US09-0961838

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm Financial Consultant

Location

27690 Clinton Keith Rd Murrieta, CA 92562-8556
Murrieta metro Census 43278 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$814k
Blend (final) Blend
$790k

Owner & transaction history

since 2009
3 recorded transactions
2016
Price N/A
2009
$3.3M
1969
Price N/A

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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