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29821 Antelope Rd Road

Menifee, CA 92584
  • $5,368,888
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: P1-7081
UPDATED: 45 min ago
$5,368,888
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $895
    $/SQFT
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

Rare 2-Tenant Corporate Medical NNN Investment! Investment Highlights: New 2018-2019 Construction - excellent building condition with minimal maintenance. Rare 2-Tenant Corporate NNN Medical Center, Leased to Bright Now! Dental and A Plus Urgent Care. Corporate-guaranteed NNN leases with minimal landlord management/responsibilities. Bright Now! Dental is a part of Smile Brands Inc., one of the fastest growing privately held dental companies based out of Irvine, CA, with over 700 dental offices and over 8,200 employees across 30 states. A Plus Urgent Care is managed by a subsidiary of Universal Health Services, Inc. (UHS), a King of Prussia, PA-based company, one of the nation's largest and most respected providers of hospital and healthcare services, has 400 acute care hospitals, behavioral health facilities and ambulatory centers across the U.S., Puerto Rico and the U.K. UHS is a publicly traded company (NYSE: UHS). Menifee Lakes Plaza is a brand new shopping center constructed in 2018-2020, Anchored by Barons Market, LA Fitness, Raising Cane's, Coffee Bean and Tea Leaf, Jamba Juice, Waba Grill, Chevron and more. Internet-Resistant Medical Tenants. Extensive capital improvements have been made by the tenants on their units' interior, including furniture, fixture, and equipment. Indication of their long-term commitment to this location. Premium Southern California 'Infill' Inland Empire Location. Menifee at a Glance: o Population (2020): 97,093o Number of Households (2020): 38,869o High Average Household Income (2020): $87,421o Source: https://www.cityofmenifee.us/DocumentCenter/View/5519/Menifee-At-A-Glance):o In September 2021, Menifee was ranked as Top City in Southwest Riverside County for fiscal health by California State Auditor Strategically Located by the I-215 and Newport Rd (+/-82,263 VPD according to CoStar 2020). Concentrated Retail Corridor on Newport Rd - Nearby retail centers/stores including Menifee Town Center (Living Spaces, Ross Dress for Less, Dollar Tree), Target, Lowe's, Best Buy, HomeGoods, etc.Contact listing agent at 626-381-9885 or stevechang@kw.com to request offering memorandum.DRIVE-BY ONLY, DO NOT DISTURB TENANTS.

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Based on information from CRISNet MLS as of 2021-12-05T13:55:59.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-12-05T13:55:59.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.cgluxuryhomesla.com/homes/122372447
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29821 Antelope Rd Road Menifee, CA 92584

  • Price: $5,368,888
  • Status: Active
  • On Site: 51 Days
  • Updated: 45 min ago
  • ID#: P1-7081
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,000
SQFT
$895
$/SQFT
2019
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Rare 2-Tenant Corporate Medical NNN Investment! Investment Highlights: New 2018-2019 Construction - excellent building condition with minimal maintenance. Rare 2-Tenant Corporate NNN Medical Center, Leased to Bright Now! Dental and A Plus Urgent Care. Corporate-guaranteed NNN leases with minimal landlord management/responsibilities. Bright Now! Dental is a part of Smile Brands Inc., one of the fastest growing privately held dental companies based out of Irvine, CA, with over 700 dental offices and over 8,200 employees across 30 states. A Plus Urgent Care is managed by a subsidiary of Universal Health Services, Inc. (UHS), a King of Prussia, PA-based company, one of the nation's largest and most respected providers of hospital and healthcare services, has 400 acute care hospitals, behavioral health facilities and ambulatory centers across the U.S., Puerto Rico and the U.K. UHS is a publicly traded company (NYSE: UHS). Menifee Lakes Plaza is a brand new shopping center constructed in 2018-2020, Anchored by Barons Market, LA Fitness, Raising Cane's, Coffee Bean and Tea Leaf, Jamba Juice, Waba Grill, Chevron and more. Internet-Resistant Medical Tenants. Extensive capital improvements have been made by the tenants on their units' interior, including furniture, fixture, and equipment. Indication of their long-term commitment to this location. Premium Southern California 'Infill' Inland Empire Location. Menifee at a Glance: o Population (2020): 97,093o Number of Households (2020): 38,869o High Average Household Income (2020): $87,421o Source: https://www.cityofmenifee.us/DocumentCenter/View/5519/Menifee-At-A-Glance):o In September 2021, Menifee was ranked as Top City in Southwest Riverside County for fiscal health by California State Auditor Strategically Located by the I-215 and Newport Rd (+/-82,263 VPD according to CoStar 2020). Concentrated Retail Corridor on Newport Rd - Nearby retail centers/stores including Menifee Town Center (Living Spaces, Ross Dress for Less, Dollar Tree), Target, Lowe's, Best Buy, HomeGoods, etc.Contact listing agent at 626-381-9885 or stevechang@kw.com to request offering memorandum.DRIVE-BY ONLY, DO NOT DISTURB TENANTS.
Exterior Features

Fence YN No Fencing None Parking Total 0.00

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Retail Square Footage 6000

Property Features

Asset Class OfficeRetail Building Name Bright Now! Dental And A Plus Urgent Care Building Status Existing Business Type Build To SuitDentalHealth ServicesMedicalMulti-TenantProfessional ServiceProfessional/OfficeRegional CenterRentalRetail Investment Property YN Yes Land Use OfficeRetail Laundry Features None Number Of Units Leased 2 Park Name Menifee Lakes Plaza Property Sub Type Retail Special Listing Conditions Standard Water Source Public

Listing provided courtesy of Tzu-Ning Chang, CA DRE# 02028509, of Keller Williams Realty.


Based on information from CRISNet MLS as of 2021-12-05T13:55:59.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-12-05T13:55:59.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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