retail development opportunit 422 acres · retail development opportunit 422 acres w. ellis avene...

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Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com MATT WEAVER 760.448.2458 [email protected] CalBRE Lic # 01367183 AL APUZZO 760.448.2442 [email protected] CalBRE Lic # 01323215 Subject Property Perris Lake High School Rotary Park W. 11th St Witt St W. Ellis Ave Park Ave S. A St S Redlands Ave E. 7th St Rare Retail Site Zoned Community Commercial Allows General Retail, Professional Office & Service Oriented Uses Allows for Senior Apartments FOR SALE: $735,000 $425,000 - SUBMIT ALL OFFERS

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Page 1: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

Subject Property

Perris Lake High School

Rotary Park

W. 11th St

Witt

St

W. Ellis Ave

Park

Ave

S. A

St

S Re

dlan

ds A

ve

E. 7th St

• Rare Retail Site• Zoned Community Commercial• Allows General Retail, Professional Office & Service Oriented Uses• Allows for Senior ApartmentsFOR SALE: $735,000 $425,000 - SUBMIT ALL OFFERS

Page 2: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

2Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

3 AERIALS

5 LOCATION MAP

6 SITE PHOTOS

7 PROPERTY INFORMATION

8 PLAT MAP

9 DEMOGRAPHICS

PAGE CONTENT

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice.

Page 3: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

3Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

AER

IALS

S. A Street

Park Ave

W. 12th St

W. 13th St

W. Ellis Ave

Subject Property

Rotary Park

Page 4: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

4Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

AER

IALS

AER

IALS

Subject Property

Bel

lam

o Ln

Park

Ave

S. A

St

S.Re

dlan

ds A

ve

E. 7th St

W. 11th St

W. Ellis Ave

Perris Lake High School

Perris Elementary

School

Perris UnionHigh School

Rotary Park

MercadoPark

Page 5: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

5Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

LOC

ATIO

N M

AP

LAKE MATTHEWS

HEMET

LAKE PERRIS

Mt. San JacintoState Park

SantiagoPeak

SAN JACINTO

MENIFEE

LAKE ELSINORE

SUBJECT PROPERTY

SAN DIEGO COUTNRY ESTATES

78

N

NAVAJO RD

W. ELLIS AVE

W. 3RD ST

BELL

AMO

LN PA

RK A

VE

S. A

ST

WIT

T ST

S. B

ST

W. 11TH ST

Page 6: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

6Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

SITE

PH

OTO

S

Page 7: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

7Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

PRO

PERT

Y IN

FORM

ATIO

N

Location:

Jurisdiction: City of Perris

APN#: 313-222-002

Acreage: 4.22 Acres

Zoning: Community Commercial

GeneralPlan: Community Commercial

Min.LotSize: 1 Acre

Max.FAR: .75

Max.Bldg.Height: 45 Feet

ProjectStatus: The property is currently unentitled and unimproved

Topography: Flat

Utilities: All utilities to the site.

Services: Water/Sewer City of Perris Electric Southern California Edison Gas Southern California Gas Company Fire Riverside County Fire Department Police Riverside County Sheriff’s Department

Price: $425,000

The property is located at the intersection of W. Ellis Avenue and S. A Street in the City of Perris, County of Riverside. Located in an area dominated by residential development, the subject property serves as a unique commercial development opportunity with significant future upside.

DOCUMENT LINK

Zoning Code

Page 8: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

8Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

PLAT

MA

PTax Map , , CA

Tax Map , , CA 9/10/2015 Page 1 (of 1)

This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party propertyinformation accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2015 First American Financial Corporation and/or its affiliates. All rights reserved.

Page 9: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

9Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT [email protected] Lic # 01367183

AL [email protected] Lic # 01323215

DEM

OG

RAPH

ICS

Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 1 of 1©2015, Sites USA, Chandler, Arizona, 480-491-1112

This

repo

rt w

as p

rodu

ced

usin

g da

ta fr

om p

rivat

e an

d go

vern

men

t sou

rces

dee

med

to b

e re

liabl

e. T

he in

form

atio

n he

rein

is p

rovi

ded

with

out r

epre

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atio

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war

rant

y.

SUMMARY PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 33.7722/-117.2358RS1

W Ellis Ave & A St1 mi radius 3 mi radius 5 mi radius

Perris, CA 92570

POPU

LATI

ON

2015 Estimated Population 9,169 49,337 105,649

2020 Projected Population 9,625 52,220 112,278

2010 Census Population 8,765 46,682 99,798

2000 Census Population 6,514 32,204 62,162

Projected Annual Growth 2015 to 2020 1.0% 1.2% 1.3%

Historical Annual Growth 2000 to 2015 2.7% 3.5% 4.7%

2015 Median Age 26.8 27.3 31.4

HOUS

EHO

LDS

2015 Estimated Households 2,295 11,896 28,925

2020 Projected Households 2,390 12,511 30,590

2010 Census Households 2,153 11,197 27,294

2000 Census Households 1,712 8,585 19,473

Projected Annual Growth 2015 to 2020 0.8% 1.0% 1.2%

Historical Annual Growth 2000 to 2015 2.3% 2.6% 3.2%

RAC

E AN

DET

HNIC

ITY

2015 Estimated White 48.5% 42.7% 48.3%

2015 Estimated Black or African American 11.4% 11.4% 10.0%

2015 Estimated Asian or Pacific Islander 1.9% 2.6% 3.4%

2015 Estimated American Indian or Native Alaskan 1.2% 1.0% 0.9%

2015 Estimated Other Races 37.0% 42.3% 37.4%

2015 Estimated Hispanic 76.6% 74.5% 66.1%

INCO

ME 2015 Estimated Average Household Income $39,433 $46,397 $50,719

2015 Estimated Median Household Income $33,951 $39,637 $42,965

2015 Estimated Per Capita Income $9,921 $11,263 $13,939

EDUC

ATIO

N(A

GE

25+)

2015 Estimated Elementary (Grade Level 0 to 8) 29.8% 29.1% 24.7%

2015 Estimated Some High School (Grade Level 9 to 11) 25.5% 26.8% 24.5%

2015 Estimated High School Graduate 23.7% 20.8% 21.2%

2015 Estimated Some College 12.5% 12.9% 16.1%

2015 Estimated Associates Degree Only 2.9% 3.1% 4.5%

2015 Estimated Bachelors Degree Only 2.3% 4.2% 4.9%

2015 Estimated Graduate Degree 3.3% 3.2% 4.3%

BUSI

NESS

2015 Estimated Total Businesses 209 618 1,472

2015 Estimated Total Employees 2,484 6,677 16,163

2015 Estimated Employee Population per Business 11.9 10.8 11.0

2015 Estimated Residential Population per Business 44.0 79.8 71.8

Page 10: RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES · RETAIL DEVELOPMENT OPPORTUNIT 422 ACRES W. ELLIS AVENE S. A STREET - PERRIS CA MATT WEAVER 760.448.2458 mweaver@lee-associates.com CalBRE

10Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com

RETAIL DEVELOPMENT OPPORTUNITY - 4.22 ACRESW. ELLIS AVENUE & S. A STREET - PERRIS, CA

MATT WEAVER760.448.2458

[email protected] Lic#01367183

AL APUZZO760.448.2442

[email protected] Lic#01323215

For More Information, Please Contact: