for sale $3,100,000files.ctctcdn.com/32c4bbe7401/6b27a6d6-2e56-4668-839c-637d9eb… · by 7-11...
TRANSCRIPT
Property highlights
» New Leases Valvoline (10 year) + Express Car Wash (5 year - Run by 7-11 Operator) at Attractive 5.8% Capitalization rate.
» Co-Tenants include 7-Eleven and Starbucks Drive-thru, plus 9 unit 100% leased shops building.
» Located at the on/off ramps of I-15 Freeway- Traffic Counts in Excess of 275,000 VPD. Cal Trans recently widened bridge (6 lanes).
» High Profile Signalized Intersection Location; Excellent Accessibility, Exposure, Visibility, Parking. Active Center.
» Located on the Major Retail Corridor with Nearby National Tenants Including Stater Bros, Rite Aid, Albertsons, Chase Bank, Del Taco.
» New Housing Developments being constructed surrounding property- * 500 Homes Under Construction / * Over 2,000 in Planning
» Hidden Springs Road to be extended with future housing and potential hotel(s) and possible new city hall development. » only oil/lube/carwash in vicinity
EXCLUSIVE OFFERING | 32120 CLINTON KEITH ROAD, WILDOMAR, CA
ALLIANCE
FOR SALE $3,100,000
HOOK RETAIL ADVISORSSCOTT G. HOOK | Executive Vice President | O: 949.954.3724 | [email protected] | Lic# 00914392
DANIEL TYNER | Associate | O: 949.954.3723 | [email protected] | Lic# 019598182600 Michelson Drive, Suite 100, I rvine, CA 92612 | www.CBCAlliance.com | DRE #01929723
© 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are
registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
Price: $3,100,000
Down Payment: (100%) $3,100,000
GLA: 6,074 SF
Price Per Square Foot: $510
Cap Rate: 5.8%
Year Built: 2007
Lot Size: Approx. 1 Acre
Investment Overview
190 LOCATIONS
3 2 1 2 0 C L I N T O N K E I T H R O A D , W I L D O M A R , C A
SubjectProperty
Murrieta/ San Diego -->
<-- Lake Elsinore/Corona/Ontario
NEW PAD(S) DEVELOPMENT (GRADING)
FUTURE POTENTIAL CITY HALL, HOTEL,
RESIDENTIAL DEVELOPMENTS
NEW - CAL TRANS WIDENED BRIDGE
NEW - 300 UNIT APARTMENT COMMUNITY
LENNAR NEW HOMES
INLAND VALLEY MEDICAL CENTER
ALLIANCEFOR SALE | 32120 CLINTON KEITH ROAD, WILDOMAR, CA
HOOK RETAIL ADVISORSSCOTT G. HOOK | Executive Vice President | O: 949.954.3724 | [email protected] | Lic# 00914392
DANIEL TYNER | Associate | O: 949.954.3723 | [email protected] | Lic# 019598182600 Michelson Drive, Suite 100, I rvine, CA 92612 | www.CBCAlliance.com | DRE #01929723
© 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are
registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
Investment Overview
Hook Retail Advisors is proud to offer for sale a Valvoline Instant Oil Change store with an Express Car Wash. Located off the Interstate 15 at the #1 corridor - Clinton Keith Road - in the City of Wildomar. Wildomar is surrounded by the City of Murrieta
to the South, West and East, with Lake Elsinore to the north towards the cities of Corona and Riverside. The attractive free standing pad building is part of a historically 100% leased 7 year old retail center anchored by a 7-Eleven convenience store/gas station and a freestanding Starbucks drive-thru. The shops building includes a Submarina Subs, a high end salon, a Mexican restaurant, Farmers Insurance, and D ’Canter Restaurant and Wine Bar just to name a few.
This offering includes a new 10 year lease with Valvoline, plus a 5 year lease with Wildomar Car Wash - operated by the successful operator of 7-Eleven. The property benefits from superior access off the I-15 Freeway, excellent visibility at a key signalized inter-
section, and sharp channel letter and monument signage. The approximate 3,000 under construction or proposed in the immediate vicinity bodes well for The Shops at Clinton Keith and in particular, Valvoline and the Wildomar Car Wash as the ONLY use of this type at the intersection. Continued residential growth in single family home developments, including Lennar Homes across the street, and several multi-family large developments will only increase sales volumes for the Valvoline/Wildomar Car Wash.