SKY CANYON CENTER - LoopNet...ADDRESS SALE DATE RBA SALES PRICE PRICE PSF BUILDING TYPE YEAR BUILT...
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RICK MARCUS Vice President (760) 747-8899 [email protected] CalDRE #00816072 CYNDI LIGHT Senior Vice President (951) 452-3000 [email protected] CalDRE #01717659 SKY CANYON CENTER © 2016 Coldwell Banker Commercial ® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Officeis Independently Owned and Operated Except Offices Owned and Operated by NRT Incorporated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. CalDRE License # 01998652 www.cbcsocalgroup.com CalBRE # 01998652 SC For More Information Contact: PRICE REDUCTION! Sky Canyon Drive
Transcript of SKY CANYON CENTER - LoopNet...ADDRESS SALE DATE RBA SALES PRICE PRICE PSF BUILDING TYPE YEAR BUILT...
RICK MARCUSVice President (760) [email protected] #00816072
CYNDI LIGHTSenior Vice President (951) [email protected] #01717659
SKY CANYON CENTER
© 2016 Coldwell Banker Commercial ® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Officeis Independently Owned and Operated Except Offices Owned and Operated by NRT Incorporated. Coldwell Banker Commercial and the Coldwell Banker
Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.
CalDRE License # 01998652
www.cbcsocalgroup.com
CalBRE # 01998652
SC
For More Information Contact:
PRICE
REDUCTION!
Sky Canyon Drive
TABLE OF CONTENTS
SECTION I: PROPERTY OVERVIEW - PROPERTY DETAILS - SITE PLAN
SECTION II: FINANCIALS - INVESTMENT SUMMARY
SECTION III: LOCATION - NORTHBOUND AERIAL - SURROUNDING RETAIL AERIAL - LOCAL PROXIMITY MAP - DEMOGRAPHICS
SECTION IV: MARKET OVERVIEW - COMPARABLE SALES
PROPERTY OVERVIEW
Sky
Can
yon
Dri
ve
ADDRESS: 38860 Sky Canyon Drive, Murrieta, CA 92563
PROPERTY TYPE: Office / Retail
PROJECT SIZE: Building A - ±9,600 SF* Building B - ±11,760 SF* Building C - ±35,994 SF* (*Costar) ±57,354 SF
APN’S #: 957-330-028, 957-330-009
LAND AREA: ±6.74 AC or
YEAR BUILT: 2008
ZONING: CR (Commercial Retail)
LIST PRICE: $10,820,000.00$188.65 per SF
PROPERTY DETAILS
SITE PLAN
Sky C
anyon Drive
Building B Building C
Building A
FINANCIALS
Sky
Can
yon
Dri
ve
OFFERING PRICE: $10,820,000.00
PRICE PER SQ. FT.: $188.65
ESTIMATED CAP RATE: 4.89%
2019 PROJECTED NOI: $530,000
OCCUPANCY: 100%
SQ. FT. (COSTAR) ±57,354
INVESTMENT SUMMARY
INVESTMENT HIGHLIGHTS
• 2008 Construction
• 100% Occupied
• Future upside potential
• Located close to the Intersection of I-15 and I-215
LOCATION
SITE
Murrieta Hot Springs Rd
Sky C
anyo
n Dr
ive
Winchester Road
NORTH BOUND AERIAL
French Valley Airport
SITEMurrieta Hot Springs Rd
Win
ches
ter R
d
SURROUNDING RETAIL AERIAL
W
inche
ster
Roa
d
Rio Nedo Road
Diaz Road
Business
P
ark Drive
Zevo Road Jefferson Avenue
Ynez Road
Rancho California Road
Temecula Parkway
Murrieta Hot Springs Road
Butterfi eld Stage Road
Nutmeg Road
Clinton Keith Road
Los Alam
os
Road
Hancock Road
C
alifo
rnia
Oak
s Roa
d
Washington Avenue
Margarita Road
Pauba Road
La Sarena W
ay
Nicholas Road
Benton Road
Auld Road
W
hitewood Road Adams Road
Pujol Street
Borel Road
Pourroy Road
Sky
Canyon
Dr
Temecula
MurrietaFrench Valley
Airport
40 MILES TO
CORONA 40 MILES TO
RIVERSIDE
LOCAL PROXIMITY MAP
1 Mile 3 Mile 5 Mile
Population2023 Projection 16,505 101,730 219,6692018 Estimate 15,537 94,029 202,5142010 Census 14,603 82,203 174,811
Households2023 Projection 5,250 30,493 68,2772018 Estimate 4,973 28,378 63,4012010 Census 4,768 25,239 55,603
2018 Est. Population by Single-Classification RaceWhite Alone 9,270 59,058 131,814Black Alone 1,141 5,987 11,720American Indian Alone 114 805 1,704Asian Alone 2,044 11,769 22,247Pacific Islander Alone 87 431 868Some Other Race Alone 1,633 9,136 20,014Two or More Races 1,247 6,844 14,147Hispanic Origin (Any Race) 4,903 29,139 61,503
2018 Average Household Income $98,221 $107,488 $105,696
DEMOGRAPHICS
MARKET OVERVIEW
ADDRESS SALE DATERBA
SALES PRICEPRICE PSF
BUILDING TYPEYEAR BUILT
40700 California Oaks RoadMurrieta, CA 92562
10/30/1719,601 SF
$5,950,000$303.56 Class C Medical Office
2002
44274 George Cushman CourtTemecula, CA 92592
3/12/1832,471 SF
$10,550,000$324.91 Class B Medical Office
2002
25186 Hancock AvenueMurrieta, CA 92562
1/2/1813,722 SF
$3,100,000$225.91 Class B Office
2006
43040 Margarita Road - Bldg. ATemecula, CA 92592
12/29/1719,176 SF
$5,142,500$268.17
Class B Office2007
43040 Margarita Road - Bldg. BTemecula, CA 92592
12/29/1719,176 SF
$5,142,500$268.17 Class B Office
2007
28765 Single Oak DriveTemecula, CA 92590
5/25/1833,306 SF
$5,800,000$174.14
Class B Office1971
38670 Sky Canyon DriveMurrieta, CA 92563
6/29/1639,140 SF
$7,150,000$182.68
Class A Office2008
COMPARABLE SALES
RICK MARCUSVice President (760) [email protected] #00816072
CYNDI LIGHTSenior Vice President (951) [email protected] #01717659
SKY CANYON CENTER38860 SKY CANYON DRIVE, MURRIETA, CA
© 2016 Coldwell Banker Commercial ® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Officeis Independently Owned and Operated Except Offices Owned and Operated by NRT Incorporated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable. However, no
warranty or guarantee is made as to the accuracy of the information. CalDRE License # 01998652
www.cbcsocalgroup.com
CalBRE # 01998652
For More Information Contact: 27720 Jefferson Avenue | Suite 100-B Temecula | California | 92590
t 951.200.7683 | f 951.239.3147 www.cbcsocalgroup.com
CalBRE # 01998652
