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29821 Antelope Rd Road

Menifee, CA 92584
  • $5,368,888
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: P1-7081
UPDATED: 152 min ago
$5,368,888
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Listing Agent: Tzu-Ning Chang of Keller Williams Realty


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 California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/122374117
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29821 Antelope Rd Road Menifee, CA 92584

  • Price: $5,368,888
  • Status: Active
  • On Site: 50 Days
  • Updated: 152 min ago
  • ID#: P1-7081
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2019
Built
Neighborhood:
227 - Menifee
County:
Riverside
Area:
227 - Menifee
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

Fencing None Parking Total 0

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Anchors Co Tenants Barons MarketLa FitnessRaising Cane'sCoffee Bean And Tea LeafJamba JuiceWaba GrillChevron And More Association Fee 0 Building Name Bright Now! Dental And A Plus Urgent Care Business Type Build To SuitDentalHealth ServicesMedicalMulti-TenantProfessional/OfficeProfessional ServiceRegional CenterRentalRetail Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Number Of Units Leased 2 Property Sub Type Retail Special Listing Conditions Standard Structure Type OfficeRetail Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing Agent: Tzu-Ning Chang of Keller Williams Realty