Temecula Multi-Tenant PAD Building | Prime Retail Location | Strong Tenant Lineup
32435 Temecula Pkwy, Temecula, CA 92592
Price: $6,838,000
Status: Available
Cap Rate: 5.75%
Year Built: 2022
NOI: $393,129
Lot Size: 1.45 acres
Price Per Foot: $779
Lease Type: Triple-Net (NNN)
Remaining Term: See OM
GLA: 8,781 sqft
Property Intro
Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a newly constructed, multi-tenant retail pad building located at 32435 Temecula Parkway in Temecula, California. Built in 2022, the property consists of approximately 8,781 square feet situated on 1.45 acres along Temecula Parkway, one of the city’s primary retail corridors. The asset is 100 percent leased to a strong mix of national and regional tenants including Better Buzz Coffee, Orangetheory Fitness, Krak Boba, and D’Or Nail Lounge, operating under NNN lease structures with limited landlord responsibilities.
Strategically positioned within the highly trafficked South Temecula trade area, the property benefits from direct frontage along Temecula Parkway with traffic counts exceeding 42,000 vehicles per day and strong cross-access to adjacent retail centers. The site is located within Vail Ranch Plaza and in close proximity to major national retailers including Walmart, Kohl’s, Sprouts Farmers Market, PetSmart, EOS Fitness, and Home Depot. The surrounding area features dense residential communities with more than 115,000 residents within a five-mile radius and an average household income of approximately $154,776, providing a built-in customer base that supports long-term tenant performance.
This offering provides investors with stable in-place income supported by a diversified rent roll and a synergistic tenant mix focused on high-frequency, daily-use retail categories including coffee, fitness, beverage, and beauty services. The property’s modern construction, drive-thru component, strong visibility, and location within a high-growth Riverside County submarket position it as a durable, low-management investment opportunity in one of Southern California’s most dynamic retail corridors.