27690 Clinton Keith Rd, Murrieta, CA 92562-8556
- Banks
- 5,588 SF
- 1.28 lot acres
Current Use by Public Records
- Bank of America (with Drive-thru ATM) / Bank / Loan Service
- Bank of America ATM (Drive-thru) / Atm / Financial Consultant
Property Details for 27690 Clinton Keith Rd
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 1.28 lot acres
- Property type
- Banks
- APN
- 392-270-022
- APU
- 392270022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 5, 2016 | — | Weinstock,irvin Trust | — | Deed · related | $1.9M · Miscellaneous Ins Co |
| May 5, 2009 | $3,300,000 | Weinstock Irvin Trust | Carlmart | Grant Deed | $2M · Bank Of The West |
| — | — | Weinstock,irvin Trust | — | Deed Of Trust · related | $1.9M · Miscellaneous Ins Co |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $770,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $813,000
Market price range: $398k - $814k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Murrieta
- County
- Riverside
- State
- California
- Longitude
- -117.177
- Latitude
- 33.5993
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
