32909 Temecula Pkwy Temecula, CA 92592-6918

This exceptional investment opportunity presents a 30,057 square foot, 100% occupied retail storefront located at 32909 Temecula Pkwy, Temecula, CA 92592. Built in 2007 on a 2.83-acre lot, this property boasts a strong NOI of $666,321 and a compelling 6.00% cap rate, with an asking price of $11,105,000. The center features a diverse tenant mix of retail, service, and fitness businesses, creating a stable income stream. Many tenants operate under NNN leases, minimizing expenses for the owner. Strategically positioned at a signalized intersection of Temecula Parkway and Butterfield Stage Road, the property enjoys high visibility with over 98,000 vehicles passing daily. Its location on a major thoroughfare between Interstate 15 and Temecula's expanding wine region ensures convenient access and high traffic. The property benefits from proximity to Redhawk Towne Center, a large power center, and numerous apartment complexes, providing a substantial consumer base. The surrounding area is affluent, with average household incomes exceeding $155,000 within a 3-mile radius. The 5-mile trade area encompasses over 113,000 residents and 38,000 daytime employees. Furthermore, the property's proximity to the Pechenga Resort & Casino and Temecula's thriving tourism sector (3.2 million visitors in 2022) adds to its investment appeal. This is a rare opportunity to acquire a high-performing retail asset in a rapidly growing market.