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$5,368,888
29821 Antelope Rd, Menifee, CA 92584
0 Beds
0 Baths
6,000 sqft

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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.DRIVE-BY ONLY, DO NOT DISTURB TENANTS.
  • Price:
  • $5,368,888
  • Square Footage:
  • 6,000
  • Year Built:
  • 2019
  • Listing ID #:
  • P1-7081
  • Street Address:
  • 29821 Antelope Rd
  • City:
  • Menifee
  • State:
  • California
  • Postal Code:
  • 92584
  • County:
  • Riverside
  • Community:
  • Menifee
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Dwelling Type:
  • Office, Retail
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 6000
  • Year Built:
  • 2019
  • Business Type:
  • Build To Suit, Dental, Health Services, Medical, Multi-Tenant, Professional/Office, Professional Service, Regional Center, Rental, Retail
  • Existing Land Use:
  • Commercial
  • Lot Size:
  • 32670
  • Days On Market:
  • 103
  • On Market Date:
  • 2021-10-14
  • Originating Mls:
  • Crmls
  • Building Name:
  • Bright Now! Dental And A Plus Urgent Care
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
30-year Conforming

3.733%

-0.011%

30-year FHA

3.847%

0.007%

30-year VA

3.492%

-0.042%

Last updated: 1/24/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Tzu-ning Chang () with Keller Williams Realty
  • CACRMLS

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