Pad O - The Vineyard — Sale in Murrieta, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Murrieta, CA 92563
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Pad O is located at 28130 Clinton Keith Road in Murrieta, California, within The Vineyard, a Costco Wholesale and Aldi anchored regional retail center at the southeast quadrant of Clinton Keith Road and Interstate 215. Clinton Keith Road is the primary east-west retail corridor serving north Murrieta and carries approximately 40,000 vehicles per day at the subject, while the adjacent Interstate 215 interchange carries roughly 105,000 vehicles per day. Interstate 15, approximately three miles west, carries roughly 132,000 vehicles per day. Investment Highlights: • 100% Leased, Five-Tenant Retail Building | Newly constructed 4,972 SF multi-tenant pad delivered in 2022 and fully leased to five service and food-oriented operators on NNN leases with no vacancy. • Contractual Rent Growth Across the Rent Roll | Every lease carries scheduled increases, including a Suite 200 step effective 10/1/2026 and 10% mid-term bumps in Suites 400 and 500 in 2028. • Long Weighted Average Lease Term | Approximately 6.0 years of weighted average term remaining with five-year renewal options across the five tenants and no option yet exercised.
Market Context
This retail in Murrieta, CA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Murrieta, CA — view the full market.
Contact
- Blake Davey · (949) 419-3273 · blake.davey@marcusmillichap.com
- John Susank · (949) 419-3222 · john.susank@marcusmillichap.com
- Preston Davey · (949) 419-3277 · preston.davey@marcusmillichap.com
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