18438 Collier Ave, Lake Elsinore, CA 92530

9,000 SF | Retail Building | Lake Elsinore, CA 92530 | $3,450,000 ($383/SF) | 4.70% Cap Rate

Asking Price $3,450,000

Property Type
Retail
Square Feet
9,000 SF
Price / Square Foot
$383

Listing Contacts

Ran Kim
Jonathan Hwang

Property Overview

Prime investment property. Freeway Visibility, Pylon Sign
Investment Highlights:
National Brand Retailer Tenant: The property is leased to a reputable national brand retailer, ensuring stable and reliable rental income.
Long-Term Lease: The tenant is secured under a long-term lease agreement, which provides investors with steady cash flow and long-term financial security.
Prime Location: The property is situated in Lake Elsinore, a rapidly growing area with significant commercial and residential development, which enhances its value and potential for appreciation.
Excellent Visibility and Access: The property boasts excellent visibility from a main street and a major thoroughfare and is easily accessible, attracting high foot traffic and customer engagement.

Property Details

Class
B
Year Built
2019
Stories
1
Property Subtype
Freestanding, Storefront
Lot Size (sq. ft)
45,738 SF

Highlights

  • Single Tenant - NASDAQ: FIVE
  • Built in 2019 - Newer property
  • Freeway Visibility

FAQ

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