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28250-28326 Old Town Front St
Temecula, CA 92590 Temecula

$8,950,000 USD

Freestanding For Sale  •  28,647 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 28,647 SF
  • Lot Size 2.36 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 6.26 %
  • Tenancy Multiple
  • Zoning C2
30 Transit Score
60 Walk Score

Highlights

Distinguished investment opportunity to acquire the Venti Old Town Plaza, a fully leased neighborhood center with a mix of local tenants.
Walk to nearby amenities such as Starbucks, The Sugar Spot, E.A.T. Market, Soro's Mediterranean Grill, Bottega Italia, USPS, and Old Town Barbers.
Located on a 2.43-acre parcel with multi-use development zoning and the ability to build up to three stories (roughly 40 feet high).
Old Town Temecula boasts several historic buildings, specialty shops, unique restaurants, arts venues, and craft breweries.
Venti Old Town Plaza experiences high-volume traffic due to its proximity to the freeway, making it a lively and easily accessible location.

Financial Summary (Actual)

Net Operating Income: $592,792 USD (2024)
Cap Rate: 6.26 %
Total Expenses: $231,038 USD

Major Tenants

Tenant SF Occupied Lease End Date
Dos Hermanos Artisan Furniture
Friendly Dental
Golden Slice Giant Pizza
La Favorita Ranch
Michoacana Pure, Inc
Old Town Nails & Spa
Penfold's Cafe Inc
Rancho Liquor Store

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 145
Type: Surface
Included in Rent: Yes
Peter Vallier 949-294-4024 Expect The Best Realty
Peter Vallier 949-294-4024 Expect The Best Realty