40516 MURRIETA HOT SPRINGS RD Murrieta CA 92563-6403

VonBerge CRE and WESTMAC Commercial Brokerage Company are pleased to present the opportunity to purchase 40516 Murrieta Hot Springs Road, a two-unit 24,647 square foot retail building on 108,900 square feet of land prominently located along I-215 within the Murrieta Plaza in the City of Murrieta, Riverside County, California. This is an attractive investment that provides potential purchasers with a secure and stable cash flow.

40516 Murrieta Hot Springs Road is leased to Harbor Freight Tools and Sola Salon Studios. There are approximately four (4) and three (3) years left on the original leases. Harbor Freight occupies 16,948 SF or approximately 71.2% of the property and has four (4) years left on their original term, which expires in 2028. They have six (6) x Five (5) Year Options to Extend with 10% increases at the start of each option period. Sola occupies 7,699 SF or 28.8% of the property and has three (3) years left on their original term, which expires in 2027. They have four (4) x Five (5) Year Options to Extend with 2.5% annual increases that includes option periods.

The property is part of Murrieta Plaza, a 300,000+ SF Neighborhood Retail Center owned by The Kroenke Company. Other national tenants in the center include Sam’s Club, Walgreens, Wendy's, El Pollo Loco, H&R Block, and Buffalo Wild Wings. The Harbor Freight Tools building enjoys a prime location in the center with clear visibility from I-215. This is an excellent opportunity to purchase a trophy investment in prime Murrieta, CA.

See Offering Memorandum for more information.

• IDEAL INVESTOR OR 1031-EXCHANGE PROPERTY

• RENTAL INCREASES & RENEWAL OPTIONS

• PROMINENT RETAIL CORRIDOR

• STRONG SHADOW ANCHOR

• HIGH VISIBILITY SIGNAGE, HIGH TRAFFIC LOCATION

• AFFLUENT AREA DEMOGRAPHICS