AVAILABILITY DETAILS
- Size
- 24,071 SF
- Divisible
- 16,955–24,071
- Price/SF
-
Show Pricing $
- Listing ID
- SA562771
- Notes
- PROPERTY ADDRESS
±16,955 SF - ±24,071 SF BUILDING SIZE
±0.94 Ac. - ±1.53 Ac. LAND SIZE
4/1000 PARKING
2 Stories STORIES
INVEST MENT HIGHLIGHTS
• Tower Plaza Professional and Business Center is located in one
of the most easily accessible locations in Temecula. The project
is in the North-east parcels of the Tower Plaza Shopping
Center which provides a wide range of restaurants and shops
for clients and tenants. Both the Business and Professional
Center provide a wide range of flexible floor-plans that range
from 346 sq ft - 3,606 sq ft in order to accommodate the vast
majority of professional and medical office tenants. Many of
these suites have recently been professionally renovated to
attract and accommodate quality professional and medical
office users.
• Both buildings visible are easily accessible from the I-15 FWY
and less than 1 mile from Old Town Temecula, Temecula Valley
Auto Mall, and countless Temecula Shopping Plazas.
• Many of the suites within the project have already been
converted into Medical Office suites and several of them also
include “in-suite” bathrooms. There is also potential for future
Multi-Family conversion as well (confirm with City of Temecula).
• Visible from the I-15 freeway Close proximity to the
convergence of Interstate 215 and I-15 freeways
PROPERTY UPGRADES
HVAC Upgrades
Fencing around
the property
Landscaping
Painting
Interior suite
upgrades
Striped and sealed
parking lot
= Totaling approximately $700,955
FINANCIAL ANALYSIS
Asking Price: $6,500,000.00
($158.76PSF)
Scheduled NOI: $448,784
CAP Rate: 6.9%
Occupancy: 88%
- Uses
- Office
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Matt Shaw, Lee & Associates - Temecula Valley