30252 Haun Rd Menifee, CA 92584-6809
Property profile & analytics
30252 Haun Rd Menifee, CA 92584-6809
- Retail properties & Spaces
- 89,137 SF
- 7.39 lot acres
Property ID
US09-2985485
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 30252 Haun Rd
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 7.39 lot acres
- Property size
- 89,137 SF
- Property type
- Retail properties & Spaces
- APN
- 360-690-022
- APU
- 360690022
Description
This exceptional investment opportunity presents a fee-simple interest in a long-term ground lease with Kohl's, a credit-rated tenant, at Countryside Marketplace in Menifee, California. The property consists of an 88,911 square foot building on a 7.39-acre lot, built in 2008. The absolute NNN ground lease features eight five-year options with 5% rent increases per option, expiring January 31, 2029. The current annual net operating income (NOI) is $415,800, representing a 5.00% cap rate on the asking price of $8,316,000. This represents a price per acre significantly below current land value due to Kohl's responsibility for all building improvements and maintenance. The property is situated within a thriving 721,858 square foot community shopping center, boasting a strong roster of national retailers and high visibility due to its location on Haun Road and proximity to Interstate 215. The surrounding area demonstrates favorable demographics, with a 2023 estimated average household income of $104,225 and a population of 75,452 within a 3-mile radius. This is a rare opportunity to acquire a passive, management-free investment with a top-tier tenant in a dominant market position. The property's location within one of the largest open-air shopping centers in the Inland Empire trade area further enhances its investment appeal.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Menifee
- County
- Riverside
- State
- California
- Longitude
- -117.173
- Latitude
- 33.682
- 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
$146,531
$3,006,849
$9,566,077
$12,572,926
-
$0.00
$0.00
$0.00
