MENIFEE - LoopNet · 2019. 11. 21. · – Menifee is one of the fastest growing cities in Southern...

No warranty or representation has been made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 | Corporate ID# 01048055

NICK CORBELL 951.445.4522

[email protected] License #01932821

NICK EARLE 951.445.4528


MENIFEE TOWN CENTER30123-30145 ANTELOPE RD | MENIFEE, CA




NICK EARLE 951.445.4528


AOA Subway 1,200 SF

AOC Sunny Nails 800 SF

AOD Menifee Barber Shop 1,000 SF

AOE Magic Brow 750 SF

BOA Ralphs 45,842 SF

COA Dollar Tree 8,000 SF

DOA Pet Parlor 960 SF

DOB Pueblo Viejo Mexican Food 1,920 SF

DOD POTENTIALLY AVAILABLE WITHIN 60-DAYS NOTICE 1,080 SF

DOE H&R Block 960 SF

DOF Poke Port 1,080 SF

DOG Metro PCS 960 SF

DOH Optometrist 2,732 SF

DOE H&R Block 960 SF

DOK Cathay Chinese Food 1,200 SF

DOL Menifee Cleaners 1,086 SF

DOM Postal Annex Plus 1,186 SF

DON All Star Physical Therapy 2,996 SF

EOA Auto Zone 5,400SF

EOD AVAILABLE 3,633 SF

EOE AVAILABLE WITH 90 DAYS NOTICE 1,410 SF

EOF Almond Smoke Shop 1,400 SF

EOG Advance America 1,407 SF

EOH Papa John’s Pizza 1,400 SF

EOJ LLL Reptile 1,410 SF

ROD Bank of America (Ground Lease) 4,500 SF

XOA Ross Stores, Inc. 30,119 SF

ROA Texaco NAP

ROB Jack In The Box NAP

ROC Taco Bell NAP

ROG Living Spaces NAP

SUITE TENANT SQ. FT. SUITE TENANT SQ. FT. SUITE TENANT SQ. FT. SUITE TENANT SQ. FT.


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NICK EARLE 951.445.4528



DEMOGRAPHICS 3 mile 5 mile 7 mile2019 Population 67,366 122,435 210,979

2024 Est. Population 71,947 130,891 225,226

Median HH Income $74,758 $74,529 $81,985

Daytime Population 32,677 57,252 90,138

TRAFFIC COUNTS

±85,001 CPDI-215 Fwy @ Newport Rd:

±61,000 CPDNewport Rd and Antelope Rd:

*Source: Regis Online (Report Generated Using Project address)

PROPERTY HIGHLIGHTS

JOIN:

Primary Retail Corridor – The Newport Rd. corridor serves as one of the primary retail arterials within the Menifee submarket and features over 1.2 million square feet of retail space, including national tenants Target, Lowe’s, Kohl’s, Best Buy, PetSmart, Petco, Party City, Staples, BevMo!, Sprout’s, Stater Bros., Aldi, Baron’s Market, CVS Pharmacy, and Walgreens.

Freeway Frontage and Visibility – The property benefits from over 500 feet of direct frontage along Interstate 215 and features large freeway-visible pylon signage; providing significant exposure and visibility for the tenant base to approximately 85,000 vehicles per day.

High Traffic Location – Menifee Town Center benefits from excellent exposure to average daily traffic counts of approximately 61,000 vehicles at the intersection of Newport Rd. and Antelope Rd.

Rapidly Growing Residential Submarket – Menifee is one of the fastest growing cities in Southern California; there are approximately 1,800 residential units currently under construction and another 4,300 units in various stages of planning in the city. The immediate trade area surrounding Menifee Town Center has approximately 10,873 residents and 66,281 residents within a one and three-mile radius, respectively.

Developing Trade Area – Menifee is experiencing rapid growth, with an increase in population of 21% since 2010 and an anticipated increase in population of 7.6% projected over the next five years (three-mile radius).

Affluent Income Demographics – The surrounding area has average household incomes of approximately $81,242 and $79,240 within a one and three-mile radius of the property, respectively.




NICK EARLE 951.445.4528



Menifee R

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Menifee R

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Murrieta R

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152UNITS

TUSCANY HILLS1847 UNITSPROPOSED

CANYON HILLS4275 UNITS PLANNED

75 UNITS

LAKES AT MENIFEE988 UNITS

RANCON242 SF UNITS

DOMENIGONI-BARTON4186 UNITS PROPSED

DR HORTON108 SF UNITS

FLEMING RANCH1074 UNITS PLANNED

Railroad C

an

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Newport Rd H

aun Rd

PACIFICCOMM.

97 UNITS

CROWN WEST HOMES, LP22 SF UNITS

SO CALLAND MGT.65 UNITS

TRAILMARK712 UNITS

PROPOSED

PASSCO 2M44 SF UNITS

MENIFEEVALLEY RANCH

HERITAGE LAKES5116 UNITS PROPOSED

27SF UNITS

PROPOSED

DRAKEDEV. 28 SFPLANNED

MENIFEE NORTH2815 UNITS PROPOSED

DR HORTON150 SFUNITS

WOODSIDE116 SF UNITS

CV COMM.543 SFUNITS

PROPOSED258

SF UNITSPROPOSED

240APARTMENTS

PROPOSED

TTLC173 SFUNITS

SUNWOOD79 SFUNITS

CAPSTONE132 SFUNITS

GREEN VALLEY4210 UNITSPROPOSED

RIVERWOOD’S900 UNITS

PROPOSED

CITY OF PERRIS582 SF

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STONEGATE177 SFUNITS

75UNITS

CIMMARONRIDGE

782 UNITS PLANNED

ASCHO246 SFUNITS

221APARTMENTS

PROPOSED 228APTS

LENNAR 147 SFUNITS 410

SF UNITS

300SF UNITS

304SF UNITS

225 SF UNITS

DR HORTON161 SFUNITS

36SF UNITS

PROPOSED36SF UNITS

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PARDEE411 SF UNITS

CROSSROADS ATWINCHESTER

802 UNITSPROPOSED

220SF UNITS

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624SF UNITS

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379SF UNITS

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908MIXED UNITSPROPOSED

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86SF UNITS

PROPOSED354SF UNITS

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393 SF UNITSPROPOSED

745 MX UNITSPROPOSED

WINCHESTER HILLS5991 UNITS PROPOSED

179 SF UNITSPROPOSED

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687SF UNITS

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314SF UNITS

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511MIX UNITS

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146MIX UNITS

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128SF UNITS

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BSA589 UNITS PROPOSED

SPENCER’S CROSSING 1793 UNITS PLANNED

502SF UNITS

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1005SF UNITS

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526SF UNITS

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198SF UNITS

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GALARY32 SF UNITS

RICHLAND474 SF UNITS

RICHLAND71 SF UNITS

HUNSAKER22 SF UNITS

RSI207 SF UNITS

DR HORTON 298 SF UNITS

BUNDY CANYON10 SF UNITS

87 SFUNITS

511 SFUNITS

PARDEEHOMES500 SFUNITS

AUDIE MURPHY RANCH

2190 SF UNITS

204 SFUNITS

204 SFUNITS

112 SF UNITS86 SF UNITS

198 SF UNITS

PARDEE HOMES425 SF UNITS

98 SFUNITS

178 SFUNITS

PACIFICMAYFIELD856 UNITS

287 SFUNITS 190 SF

UNITS29 SFUNITS

15 SFUNITS

30 SFUNITS

398 SFUNITS

CATALENA1147 UNITS PLANNED

196 THUNITS

PULTE130 SF UNITS

324CONDO UNITS

306MIXEDUNITS

MURRIETA HILLS1778 UNITS PROPOSED

CITY OFLAKE ELSINORE

302 SF UNITS

OAK CREEK275 SF UNITS

48SF UNITS

191CONDO UNITS

51 SF UNITS

77 MX UNITS

162 APTS UNITS

PINNACLE35 SF UNITS

MELIA80 SF UNITS

MELIA251 APTS

RIV CTY125 CONDOS

MERITAGE105 CONDOS

KB HOMES51 SF HOMES

BROOKFIELD85 SF HOMES

CALATLANTIC189 SF

PROPOSED

BELLE TERRE1200 UNITS PROPOSEDWINCHESTER 1800

4774 UNITS PLANNED

CV COMM.102 SF LENNAR80 SF

320 SFHOMES

PROPOSED38 SF

HOMESPROPOSED

134 SFHOMES

PROPOSED

133 SFHOMES

PROPOSED

STANDARDPACIFIC 200 SFHOMES

McCall Blvd

Ethanac Rd

CORMAN56 SFUNITS

LENNAR122 SFUNITS

SANTA ROSA ACADEMY

MENIFEE CITY HALL

PechangaDevelopment

350,000Mixed-Use

Development

MENIFEE LAKES PLAZA

±16 ACRE RETAIL

±150,000 SF

MENIFEE SCHOOLDISTRICTCC ZONE

2.65 ACRESGENERAL

COMMERCIAL HOLIDAY INNEXPRESS

15

215

215

Clinton Keith Rd

Scott Rd

Garbani Rd

Bund

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COUNTRYSIDEMARKETPLACE

Menifee Future Housing AerialCity of Menifee Demographics

2019 Total Population 93,603

2024 Total Population 100,217

2019 Total Daytime Pop. 45,130

2019 Avg HH Income $78,206

2019 Median HH Income $70,603

2019 Households 32,958

2024 Households 34,471SITE




NICK EARLE 951.445.4528



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SUMMARY PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 33.6846/-117.1685RS1

30123 Antelope Rd3 mi radius 5 mi radius 7 mi radius

Menifee, CA 92584

POPU

LATI

ON

2019 Estimated Population 0 T 66,281 120,718 208,910

2024 Projected Population 0 T 71,190 129,797 224,398

2010 Census Population 0 T 52,694 98,964 169,841

2000 Census Population 0 T 28,001 52,309 82,435

Projected Annual Growth 2019 to 2024 - 1.5% 1.5% 1.5%

Historical Annual Growth 2000 to 2019 - 7.2% 6.9% 8.1%

2019 Median Age 39.1 38.3 36.7

HO

USE

HO

LDS

2019 Estimated Households 0 T 23,361 41,418 67,591

2024 Projected Households 0 T 24,398 43,271 70,517

2010 Census Households 0 T 18,819 34,142 55,221

2000 Census Households 0 T 11,536 20,752 30,895

Projected Annual Growth 2019 to 2024 - 0.9% 0.9% 0.9%

Historical Annual Growth 2000 to 2019 - 5.4% 5.2% 6.3%

RA

CE

AN

D

ETH

NIC

ITY

2019 Estimated White - 67.0% 66.1% 65.0%

2019 Estimated Black or African American - 6.8% 6.3% 6.3%

2019 Estimated Asian or Pacific Islander - 7.7% 7.3% 8.2%

2019 Estimated American Indian or Native Alaskan - 0.8% 0.8% 0.9%

2019 Estimated Other Races - 17.7% 19.4% 19.7%

2019 Estimated Hispanic - 35.6% 37.5% 37.4%

INC

OM

E 2019 Estimated Average Household Income $0 T $79,240 $81,242 $89,7902019 Estimated Median Household Income $0 T $73,061 $72,849 $80,629

2019 Estimated Per Capita Income $0 T $27,942 $27,890 $29,064

EDU

CA

TIO

N(A

GE

25+)

2019 Estimated Elementary (Grade Level 0 to 8) - 4.5% 5.0% 5.1%

2019 Estimated Some High School (Grade Level 9 to 11) - 6.3% 7.2% 6.8%

2019 Estimated High School Graduate - 26.2% 27.1% 25.7%

2019 Estimated Some College - 30.7% 29.2% 28.7%

2019 Estimated Associates Degree Only - 10.4% 10.2% 10.1%

2019 Estimated Bachelors Degree Only - 14.3% 14.2% 15.8%

2019 Estimated Graduate Degree - 7.5% 7.1% 7.7%

BU

SIN

ESS 2019 Estimated Total Businesses 0 T 1,291 2,041 3,235

2019 Estimated Total Employees 0 T 9,975 15,468 23,348

2019 Estimated Employee Population per Business - 7.7 7.6 7.2

2019 Estimated Residential Population per Business - 51.4 59.1 64.6

©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 4/2019, TIGER Geography

MENIFEE - LoopNet · 2019. 11. 21. · – Menifee is one of the fastest growing cities in Southern...

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