NEPORT ROSSING€¦ · cv comm. 543 sf units proposed 258 sf units proposed 240 apartments proposed...
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NEWPORT CROSSING No warranty or representaon has been made to the accuracy of the foregoing informaon. Terms of sale or lease and availability are subject to change or withdrawal without noce. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 | Corporate ID# 01048055 RETAIL SHOP SPACE AVAI LAB LE FOR LEASE 26025-26045 NEWPORT ROAD - MENIFEE, CA BRIAN BIELATOWICZ 951.445.4515 [email protected] DRE #01269887 NICK EARLE 951.445.4528 [email protected] DRE #01916982 NICK CORBELL 951.445.4522 [email protected] DRE #01932821 • JOIN: IHOP, Jack in the Box, Chevron, Verizon Wireless, UPS, Great Clips and Submarina. • ±1,506 sq. ft. Retail Space Available • Excellent retail center with diverse mix of National, Regional and local Tenants. • Tremendous location offering great exposure with over 69,000 cars per day at this intersection. • Convenient ingress/egress and easy access to I-215, I-15 and Hwy 74. • Ideal for restaurants, coffee / juice store, pet store, hair salon, day spa, florist, gift shop and other general retail or services. • Medical Uses can be Accommodated • Over 25,000 housing units proposed within the Menifee trade area. • Now Open: The Pilates Co. and Army Recruitment Center, Dentist (Coming Soon) DEMOGRAPHICS 1 mile 3 mile 5 mile Average Income $72,498 $2,435 $84,542 Population 11,696 72,766 135,730 TRAFFIC COUNTS 37,000 CPD at Newport Rd at Murrieta Rd *Source: County of Riverside MURRIETA ROAD NEWPORT ROAD STATER BROS PLAZA SUN CITY PLAZA MURRIETA RD 1,506 SF ASKING RATE: $2.75 PSF NNN SITE Dentist Coming Soon SHOPPING CENTER HIGHLIGHTS:
Transcript of NEPORT ROSSING€¦ · cv comm. 543 sf units proposed 258 sf units proposed 240 apartments proposed...
NEWPORT CROSSING
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
RETAI L SHOP SPACE AVAI LABLE FOR LEASE26025-26045 NEWPORT ROAD - MENIFEE, CA
BRIAN BIELATOWICZ 951.445.4515
[email protected] #01269887
NICK EARLE951.445.4528
[email protected] #01916982
NICK CORBELL951.445.4522
[email protected] #01932821
• JOIN: IHOP, Jack in the Box, Chevron, Verizon Wireless, UPS, Great Clips and Submarina.
• ±1,506 sq. ft. Retail Space Available
• Excellent retail center with diverse mix of National, Regional and local Tenants.
• Tremendous location offering great exposure with over 69,000 cars per day at this intersection.
• Convenient ingress/egress and easy access to I-215, I-15 and Hwy 74.
• Ideal for restaurants, coffee / juice store, pet store, hair salon, day spa, florist, gift shop and other general retail or services.
• Medical Uses can be Accommodated
• Over 25,000 housing units proposed within the Menifee trade area.
• Now Open: The Pilates Co. and Army Recruitment Center, Dentist (Coming Soon)
DEMOGRAPHICS 1 mile 3 mile 5 mileAverage Income $72,498 $2,435 $84,542Population 11,696 72,766 135,730
TRAFFIC COUNTS37,000 CPDat Newport Rd at Murrieta Rd*Source: County of Riverside
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SINGLE-TENANT IHOP
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.
AERIAL OVERVIEW
MURRIETA ROAD
NEW
PORT RO
AD
AUDIE MURPHY RANCH
1,100 Acre Master-Planned Community with 2,100 Homes
Sports Parkο Playgroundsο Basketball Courtο Soccer and Baseball Fieldsο Skate Park
Ranch Houseο 2 Poolsο Spaο Game Areaο Grass Ampitheater
The Plungeο Jr. Olympic Swimming Poolο Children Wading Poolο Barbequesο Picnic Area
Spirit Parkο Tennis and Basketball Courtsο Picnic Areasο Gardenο Walking Trails
Elementary and Middle Schools
CANYON LAKE
LAKE ELSINORE
ORANGE COUNTY
AUDIE MURPHY RANCH
STATER BROS PLAZA
SUN CITY PLAZA
MURRIETA RD
1,506 SF
ASKING RATE: $2.75 PSF NNN
SITE
DentistComing Soon
SHOPPING CENTER HIGHLIGHTS:
NEWPORT CROSSING
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
RETAI L SHOP SPACE AVAI LABLE FOR LEASE26025-26045 NEWPORT ROAD - MENIFEE, CA
BRIAN BIELATOWICZ 951.445.4515
[email protected] #01269887
NICK EARLE951.445.4528
[email protected] #01916982
NICK CORBELL951.445.4522
[email protected] #01932821
26025 Newport Rd
F ±1,506 sq. ft.
26045 Newport Rd
Fully Leased
Rev.09/19/19
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SINGLE-TENANT IHOP
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.
SITE PLAN
N
SUBJECT PROPERTY
NEWPORT ROAD
MU
RRIE
TA R
OA
D
SIGN
SIGN
SIGN
RED
NOT A PART
SUBJECT PROPERTY
APN: 360-011-028
DENTIST COMING SOON
AVAILABLE
DENTIST COMING SOON
DentistComing Soon
F
NEWPORT CROSSING
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
RETAI L SHOP SPACE AVAI LABLE FOR LEASE26025-26045 NEWPORT ROAD - MENIFEE, CA
BRIAN BIELATOWICZ 951.445.4515
[email protected] #01269887
NICK EARLE951.445.4528
[email protected] #01916982
NICK CORBELL951.445.4522
[email protected] #01932821
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SINGLE-TENANT IHOP
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.
LOCATION
Single Tenant IHOP
26035 Newport Road
Menifee, CA 92584
OFFERING SUMMARY
Price: $4,390,000
Current Net Operating Income (NOI): $226,060
Capitalization Rate: 5.15%
Price per Square Foot: $996
Net Rentable Area: 4,406
Year Built: 2006
Lot Size (Acres): 0.89
FINANCING SUMMARY
All Cash or Cash to New Financing
(Contact Hanley Investment Group for Further Details)
OFFERING SUMMARY
3
SINGLE-TENANT IHOP
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.
LOCATION
Single Tenant IHOP
26035 Newport Road
Menifee, CA 92584
OFFERING SUMMARY
Price: $4,390,000
Current Net Operating Income (NOI): $226,060
Capitalization Rate: 5.15%
Price per Square Foot: $996
Net Rentable Area: 4,406
Year Built: 2006
Lot Size (Acres): 0.89
FINANCING SUMMARY
All Cash or Cash to New Financing
(Contact Hanley Investment Group for Further Details)
OFFERING SUMMARY
3 mile radius
Menifee R
d
Menifee R
d
Murrieta R
d
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
yon
Newport Rd Haun R
d
PACIFIC COMM.
97 UNITS
CROWN WEST HOMES, LP22 SF UNITS
SO CALLAND MGT.65 UNITS
TRAILMARK712 UNITS
PROPOSED
PASSCO 2M44 SF UNITS
MENIFEE VALLEY RANCH
HERITAGE LAKES5116 UNITS PROPOSED
27 SF UNITS
PROPOSED
DRAKEDEV. 28 SF PLANNED
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
PROPOSED
STONEGATE177 SF UNITS
75UNITS
CIMMARON RIDGE
782 UNITS PLANNED
ASCHO246 SF UNITS
221APARTMENTS
PROPOSED 228APTS
LENNAR 147 SFUNITS 410
SF UNITS
300SF UNITS
304SF UNITS
225 SF UNITS
DR HORTON161 SFUNITS
36 SF UNITS
PROPOSED36 SF UNITS
PROPOSED
PARDEE411 SF UNITS
CROSSROADS ATWINCHESTER
802 UNITS PROPOSED
220SF UNITS
202 SF UNITS
PROPOSED
624 SF UNITS
PROPOSED
379SF UNITS
PROPOSED
35 SF UNITS
PROPOSED
908 MIXED UNITSPROPOSED
553 SF UNITS
PROPOSED285
SF UNITSPROPOSED
86 SF UNITS
PROPOSED354 SF UNITS
PROPOSED
393 SF UNITSPROPOSED
745 MX UNITSPROPOSED
WINCHESTER HILLS5991 UNITS PROPOSED
179 SF UNITSPROPOSED
378 UNITSPROPOSED
687 SF UNITS
PROPOSED
224 SF UNITS
PROPOSED553
SF UNITSPROPOSED
162 SF UNITS
PROPOSED
414 SF UNITS
PROPOSED
421 SF UNITS
PROPOSED
421 SF UNITS
PROPOSED
396 SF UNITS
PROPOSED101
SF UNITSPROPOSED
314 SF UNITS
PROPOSED
511MIX UNITS
PROPOSED
146MIX UNITS
PROPOSED
128SF UNITS
PROPOSED
BSA589 UNITS PROPOSED
SPENCER’S CROSSING 1793 UNITS PLANNED
502SF UNITS
PROPOSED
1005SF UNITS
PROPOSED
526SF UNITS
PROPOSED
198SF UNITS
PROPOSED
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 SF UNITS
511 SF UNITS
PARDEEHOMES500 SF UNITS
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
PACIFIC MAYFIELD856 UNITS
287 SFUNITS 190 SF
UNITS29 SFUNITS
15 SFUNITS
30 SF UNITS
398 SF UNITS
CATALENA1147 UNITS PLANNED
196 TH UNITS
PULTE130 SF UNITS
324 CONDO UNITS
306 MIXEDUNITS
MURRIETA HILLS1778 UNITS PROPOSED
CITY OF LAKE ELSINORE
302 SF UNITS
OAK CREEK275 SF UNITS
48 SF UNITS
191 CONDO 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 LENNAR
80 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
Bundy
Can
yon R
d
Win
ches
ter R
d
COUNTRYSIDEMARKETPLACE
Menifee Future Housing Aerial
Polygon Demographics
2019 Total Population 92,062
2024 Total Population 99,106
2019 Total Daytime Pop. 12,418
2019 Avg HH Income $76,742
2019 Median HH Income $68,627
2019 Households 32,433
2024 Households 33,934
3-mile Demographics
2019 Total Population 120,718
2024 Total Population 129,797
2019 Total Daytime Pop. 15,468
2019 Avg HH Income $81,242
2019 Median HH Income $72,849
2019 Households 41,418
2024 Households 43,271
SITE
NEWPORT CROSSING
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
RETAI L SHOP SPACE AVAI LABLE FOR LEASE26025-26045 NEWPORT ROAD - MENIFEE, CA
BRIAN BIELATOWICZ 951.445.4515
[email protected] #01269887
NICK EARLE951.445.4528
[email protected] #01916982
NICK CORBELL951.445.4522
[email protected] #01932821
Demographic Source: Applied Geographic Solutions 10/2018, TIGER Geography page 1 of 1©2019, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 33.6838/-117.2055RS1
26025 Newport Rd1 mi radius 3 mi radius 5 mi radius
Menifee, CA 92584
POPU
LATI
ON
2018 Estimated Population 11,696 72,766 135,730
2023 Projected Population 12,453 78,134 145,808
2010 Census Population 8,424 59,472 112,223
2000 Census Population 5,059 38,479 58,906
Projected Annual Growth 2018 to 2023 1.3% 1.5% 1.5%
Historical Annual Growth 2000 to 2018 7.3% 5.0% 7.2%
2018 Median Age 33.8 40.7 37.9
HO
USE
HO
LDS
2018 Estimated Households 3,563 26,965 46,083
2023 Projected Households 3,686 28,144 48,066
2010 Census Households 2,525 22,374 38,341
2000 Census Households 1,602 15,759 22,888
Projected Annual Growth 2018 to 2023 0.7% 0.9% 0.9%
Historical Annual Growth 2000 to 2018 6.8% 4.0% 5.6%
RAC
E AN
DET
HN
ICIT
Y
2018 Estimated White 67.0% 69.8% 66.7%
2018 Estimated Black or African American 6.0% 6.3% 6.4%
2018 Estimated Asian or Pacific Islander 7.8% 6.6% 7.3%
2018 Estimated American Indian or Native Alaskan 1.0% 0.9% 0.8%
2018 Estimated Other Races 18.2% 16.5% 18.8%
2018 Estimated Hispanic 40.7% 34.2% 36.5%
INC
OM
E 2018 Estimated Average Household Income $72,498 $72,435 $84,542
2018 Estimated Median Household Income $79,045 $65,274 $73,364
2018 Estimated Per Capita Income $22,114 $26,857 $28,718
EDU
CAT
ION
(AG
E 25
+)
2018 Estimated Elementary (Grade Level 0 to 8) 3.8% 4.8% 5.4%
2018 Estimated Some High School (Grade Level 9 to 11) 6.2% 6.4% 6.9%
2018 Estimated High School Graduate 32.0% 28.6% 27.1%
2018 Estimated Some College 25.3% 30.0% 29.6%
2018 Estimated Associates Degree Only 9.9% 10.8% 10.2%
2018 Estimated Bachelors Degree Only 15.6% 12.5% 13.9%
2018 Estimated Graduate Degree 7.2% 6.8% 6.9%
BUSI
NES
S 2018 Estimated Total Businesses 151 1,195 2,098
2018 Estimated Total Employees 1,075 9,224 15,824
2018 Estimated Employee Population per Business 7.1 7.7 7.5
2018 Estimated Residential Population per Business 77.7 60.9 64.7
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