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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
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
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
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
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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