Property summary
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
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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Atm Financial Consultant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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