Listed by CBRE - Orange County, CBRE - San Jose
$4,895,759
Barons Market at Menifee Lakes Plaza
Details
APN 340‑ 620‑023
Property Type Retail
Sub Type Grocery Store
Square Footage 17,854
Cap Rate 5.40%
NOI $264,371
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $274
Year Built 2019
Buildings 1
Stories 1
Acreage 1.530
Zoning Commercial
Investment Type Net Lease
Ground Lease No
Long‑Term, Net‑Leased Grocery Asset Anchored by Regional Specialty Grocer
Investment highlights
Download Our Offering Memorandum: https://bit.ly/4lpkcK0
Great opportunity to acquire a high‑quality, single‑tenant grocery asset in one of the Inland Empire’s fastest‑growing communities
Long‑term NNN lease through 05/2034 with Barons Market—an established regional grocer known for strong sales performance, curated product offerings, and a loyal customer base
Daily‑needs anchor with recession‑resistant traffic, strategically positioned in Menifee’s primary retail corridor and surrounded by expanding housing and robust demographics
Excellent passive investment featuring contractual rent escalations, minimal landlord responsibilities, and durable cash flow backed by one of the region’s strongest independent grocers
Listing Contacts
Listed by CBRE - Orange County, CBRE - San Jose
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$264,371.00
$22,030.92/mo
Valuation Metrics
0
DSCR
5.4%
Cap Rate
5.4%
ROI
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