×

Street View

Oak Grove Crossing

  • Home
  • 18285-Collier-Ave-Lake-Elsinore-CA

Recently Sold  18285 Collier Avenue - $11,518,526

100% Leased
McDonald's Cap Rate 4.5%
Multi-Tenant Bldg. Cap Rate 6.5%

One retail building within the Oak Grove Crossing Neighborhood Center having 18,693 SF on 1.67 acres with a tenant mix of Starbucks, Subway, General Nutrition, H&R Block, Pacific Dental, Game Stop, Papa Johns, Yogurt Land, Go Wireless, True Touch Nails, Lakeside Family Optometrist and Golden Chopstix's tenants.

Plus, a 7,500 SF McDonald's Restaurant NNN Ground Lease on .69 acre pad fronting Collier Ave near I-15 Freeway at Central Ave.

This site has a Key Location near the intersection of Collier and Central Ave just off the I-15 Freeway.

Price
$11,518,526
Commission Split
3%
Gross Leasable Area
18,693 SF
Cap Rate
McDonald's 4.5% - Multi-Tenant Bldg. 6.5%
Price/SF
$503.94
Occupancy
99%
Property Type
Retail
Tenancy
Multiple
Property Sub-type
Neighborhood Center
Lot Size
2.36 AC
Property Use Type
Investment
APN / Parcel ID
377-120-052 & 053
Financial Summary (Actual)
Net Operating Income
$697,000

18285 Collier Ave, Lake Elsinore, CA 92530 (Riverside County)

Contact Listing Broker

Image of West County Investments' Logo

Gary Washburn

Broker / Consultant - CalBRE License # 00705913