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Corporate Shell - Adjacent to Future Walmart 27851-27875 Encanto Dr 3,200 SF Retail Building Menifee, CA 92586 $5,304,496 CAD ($1,657.66 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Construction
- 10% Increases Every 5 Years
- Adjacent to Future Walmart Development
- 20-Year Absolute Net Lease
- Corporate Guaranty from Shell
- Less than 1 Mile from Legado, a new 1,000+ Home Development
EXECUTIVE SUMMARY
Corporate Leased Shell Gas Station and C-Store, Located on the NE Corner of I-215 and McCall Blvd, 20 Year Absolute Net Lease, 10% Increases Every 5 Years , 74,880 VPD
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
B
Year Built
2024
Price
$5,304,496 CAD
Price Per SF
$1,657.66 CAD
Cap Rate
5%
NOI
$265,225 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.08 AC
Zoning
EDC-MB - Economic Development Corridor McCall Boulevard
Frontage
923’ on McCall Boulevard
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Shell
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Shell | Services | 99,999 SF | - | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 333-040-004 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,324,516 CAD | Total Assessment | $1,324,516 CAD |
PROPERTY TAXES
Parcel Number
333-040-004
Land Assessment
$1,324,516 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,324,516 CAD
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Corporate Shell - Adjacent to Future Walmart | 27851-27875 Encanto Dr
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