newport crossing - loopnet · golden city units propsed wh i t e w o o d r d: units 135 units 136...

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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 SPACES AVAI LAB LE FOR LEASE 26025-26045 NEWPORT ROAD - MENIFEE, CA BRIAN BIELATOWICZ 951.445.4515 [email protected] License #01269887 NICK EARLE 951.445.4528 [email protected] License #01916982 NICK CORBELL 951.445.4522 [email protected] License #01932821 JOIN: IHOP, Jack in the Box, Chevron, Verizon Wireless, UPS, Great Clips and Submarina. ±1,478 - ±1,495 sq. ft. Retail Spaces 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, dentistry 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 DEMOGRAPHICS 1 mile 3 mile 5 mile Average Income $81,833 $70,574 $78,922 Population 10,995 71,720 130,909 TRAFFIC COUNTS 37,000 CPD at Newport Rd at Murrieta Rd *Source: County of Riverside SHOPPING CENTER HIGHLIGHTS: MURRIETA ROAD NEWPORT ROAD STATER BROS PLAZA SUN CITY PLAZA MURRIETA RD 1,495 SF 1,478 SF $2.00 PSF PROCURING BROKER BONUS *Contact Broker For Details

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Page 1: NEWPORT CROSSING - LoopNet · golden city units propsed wh i t e w o o d r d: units 135 units 136 units 85 units 86 units 78 units 155 units 502 units proposed: baxter rd: 71 units

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 SPACES 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.

• ±1,478 - ±1,495 sq. ft. Retail Spaces 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, dentistry 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

DEMOGRAPHICS 1 mile 3 mile 5 mileAverage Income $81,833 $70,574 $78,922Population 10,995 71,720 130,909

TRAFFIC COUNTS37,000 CPDat Newport Rd at Murrieta Rd*Source: County of Riverside

SHOPPING CENTER HIGHLIGHTS:

11

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

1,495 SF

1,478 SF$2.00 PSF

PROCURING BROKER BONUS

*Contact Broker For Details

Page 2: NEWPORT CROSSING - LoopNet · golden city units propsed wh i t e w o o d r d: units 135 units 136 units 85 units 86 units 78 units 155 units 502 units proposed: baxter rd: 71 units

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 SPACES 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 ±1,478 sq. ft.

26045 Newport Rd

B ±1,495 sq. ft.

Rev. 03/15/18

8

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

B

AVAILABLE

AVAILABLE

AVAILABLE

F

Page 3: NEWPORT CROSSING - LoopNet · golden city units propsed wh i t e w o o d r d: units 135 units 136 units 85 units 86 units 78 units 155 units 502 units proposed: baxter rd: 71 units

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 SPACES 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

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

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

McCall Blvd Bradley R

d

Menifee R

d

Ethanac Rd

Case Rd

Murrieta R

d

CENTEX HOMES731 S.F. UNITS

AUDIE MURPHY RANCH

2,190 S.F. UNITS

229UNITS

152UNITS

CANYON LAKE5,325 S.F. UNITS

PROPOSED

TUSCANY HILLS2,000 S.F. UNITS

PROPOSED

95 UNITS

FORECAST HOMES

449 S.F. UNITS

PARDEE HOMES216 CONDOS

MORRELL FAMILY LTD198 S.F. UNITS

PARDEE HOMES649 S.F. UNITS

PULTE HOMES495 S.F. UNITS

147 UNITS

144 UNITS

CIMMARON VALLEY

537 UNITS

PACIFIC PALMS856 UNITS

LAKES AT MENIFEE988 UNITS

DOMENIGONI-BARTON4186 UNITS PROPOSED

BSA589 UNITS

PROPOSED

WINCHESTER HILLS5991 UNITS PROPSED

193 UNITSPULTE HOMES143 S.F. UNITS

PARDEE HOMES147 S.F. UNITS

PARDEE HOMES678 APTS.

197 UNITS

133UNITS

144 UNITS350 UNITS

FLEMING RANCH1,588 UNITS

111 UNITS

ABACCY HOLDINGS133 S.F. UNITS

184SF UNITS

573SF UNITS

177UNITS

71UNITS

573SF UNITS

STANDARDPACIFIC

486 SF UNITS

175UNITS

ASHTON HILLS175 UNITS

Haun R

dZeiders R

d

R

ailroad

Canyon

Newport Rd

630UNITS

SANTA ROSA ACADEMY

MENIFEE CITY HALL

MENIFEE SCHOOLDISTRICTCC ZONE

2.65 ACRESGENERAL

COMMERCIAL HOLIDAY INNEXPRESS

PechangaDevelopment

350,000Mixed-Use

Development

108SF UNITS

RANCON271 SFUNITS

41UNITS

STANDARDPACIFIC

184 SF UNITS

GLENHURST488 UNITS

Garbani Rd

Holland Rd

Domenigoni Pkwy

Scott Rd

Winchester R

d (79)

Win

ches

ter R

d (7

9)

Keller Rd

Briggs R

d

Clinton Keith Rd

JUNCTIONAT MENIFEE

Menifee Rd

Whitewood Rd

189 UNITS

135UNITS

136UNITS

85UNITS

86 UNITS

78UNITS

155UNITS

GOLDEN CITY502 UNITS PROPOSED

MURRIETA HILLS1778 UNITS PROPOSED

Baxter Rd71 UNITS

74UNITS

92UNITS

157UNITS

SUNSET RIDGE1200 UNITSPROPSED

137UNITS

134UNITS

83UNITS

79UNITS

Baxter Rd

84UNITS

70UNITS

76UNITS

SPENCER’S CROSSING1793 UNITS PLANNED

67UNITS

66UNITS

137UNITS

82UNITS

73UNITS

77UNITS

81UNITS

80UNITS

75UNITS

72UNITS

91UNITS

88UNITS

99UNITS

NAUTICAL COVE242 UNITS

BELLE TERRE1200 UNITS PROPSED

WINCHESER 18004774 UNITS PLANNED

MENIFEEHEIGHTS411 UNITS

Leon Rd

102UNITS

106UNITS

104UNITS

110UNITS 108

UNITS

56UNITS

109UNITS

37UNITS

249UNITS

64 UNITS

107UNITS

Antelope R

d

CANTALENA1147 UNITS PLANNED

98 SF UNITS

ECHO RIDGE115 UNITS

1UNIT

57UNITS

13UNITS

19UNITS

2UNITS

CROSSROADS ATWINCHESTER

802 UNITS PROPSED

186UNITS

42UNITS

264 SF UNITS

110UNITS

50UNITS

51UNITS

43UNITS

63 UNITS

TRUMARK 47 S.F. UNITS

GRANITE HOMES255 S.F. UNITS

COUNTRYSIDEMARKETPLACE

172 UNITS

BROOKFIELDHOMES

1,700 UNITS

MENIFEE LAKES PLAZA

±16 ACRE RETAIL±150,000 SF

S I T E

Page 4: NEWPORT CROSSING - LoopNet · golden city units propsed wh i t e w o o d r d: units 135 units 136 units 85 units 86 units 78 units 155 units 502 units proposed: baxter rd: 71 units

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 SPACES 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 04/2017, TIGER Geography page 1 of 1©2017, Sites USA, Chandler, Arizona, 480-491-1112

Thi

s re

port

was

pro

duce

d us

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data

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priv

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and

gove

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ent s

ourc

es d

eem

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be

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The

info

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ion

here

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ithou

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SUMMARY PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 33.6847/-117.2046RS1

26045 Newport Rd1 mi radius 3 mi radius 5 mi radius

Menifee, CA 92584

PO

PU

LATI

ON

2017 Estimated Population 10,995 71,720 130,909

2022 Projected Population 11,633 76,400 139,395

2010 Census Population 8,883 60,602 111,566

2000 Census Population 5,513 39,172 58,378

Projected Annual Growth 2017 to 2022 1.2% 1.3% 1.3%

Historical Annual Growth 2000 to 2017 5.8% 4.9% 7.3%

2017 Median Age 34.5 40.7 37.7

HO

US

EH

OLD

S

2017 Estimated Households 3,462 26,799 44,592

2022 Projected Households 3,636 28,324 47,070

2010 Census Households 2,772 22,914 38,137

2000 Census Households 1,850 16,119 22,729

Projected Annual Growth 2017 to 2022 1.0% 1.1% 1.1%

Historical Annual Growth 2000 to 2017 5.1% 3.9% 5.7%

RA

CE

AN

DE

THN

ICIT

Y

2017 Estimated White 68.3% 70.8% 67.6%

2017 Estimated Black or African American 5.4% 6.1% 6.2%

2017 Estimated Asian or Pacific Islander 7.2% 6.5% 7.1%

2017 Estimated American Indian or Native Alaskan 1.0% 0.8% 0.8%

2017 Estimated Other Races 18.0% 15.8% 18.3%

2017 Estimated Hispanic 38.2% 32.6% 35.3%

INC

OM

E 2017 Estimated Average Household Income $81,833 $70,574 $78,922

2017 Estimated Median Household Income $72,372 $61,212 $68,588

2017 Estimated Per Capita Income $25,790 $26,383 $26,896

ED

UC

ATI

ON

(AG

E 2

5+)

2017 Estimated Elementary (Grade Level 0 to 8) 4.5% 5.1% 5.3%

2017 Estimated Some High School (Grade Level 9 to 11) 6.8% 6.9% 7.4%

2017 Estimated High School Graduate 32.6% 29.6% 27.6%

2017 Estimated Some College 26.3% 31.2% 31.0%

2017 Estimated Associates Degree Only 10.9% 9.5% 9.0%

2017 Estimated Bachelors Degree Only 11.8% 11.5% 13.0%

2017 Estimated Graduate Degree 7.1% 6.2% 6.5%

BU

SIN

ES

S 2017 Estimated Total Businesses 156 1,156 2,080

2017 Estimated Total Employees 1,038 8,577 15,144

2017 Estimated Employee Population per Business 6.6 7.4 7.3

2017 Estimated Residential Population per Business 70.4 62.0 62.9