28180 Jefferson
Stamp Approved Large Size Multifamily + Retail in Prime High Growth Location
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Investment highlights
Residential occupancy is expected to increase to near 97% from 2025 onward
Residential Rental yields expected to increase 3% from 2025 onward
Retail market held steady at 96% with expected increase of 1-2% over the next five years
Prime Uptown Temecula location in the heart of Wine Country and Uptown Temecula Specific Plan.
Fully approved entitlements after a lengthy process – ready to pull permits immediately.
Two-building design totaling 238 Class-A units plus ~27,000 SF retail/restaurant/event space.
Rare opportunity in one of California’s fastest-growing lifestyle-driven markets.
Strong market fundamentals: population growth, accelerated incomes, large percentage of residents 'aging-up' into rental market.
Most Pipeline new deliveries expected in 2024 and 2025 and limited new inventory expected in 2026.
Positioned for absorption of new inventory from previous years
Benefits from its proximity to Inland Empire and San Diego employment, as well as access to retail, health care, and entertainment.
Offering – Full information package and financials available upon execution of NDA. This is a rare shovel-ready project in one of California’s high-growth mid-level markets, ideally positioned to meet the demands of the "aging up" population.
Contact:
Chris Lee
DRE#02107257 949.793.1738
Pacific Sotheby’s International Realty
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