Holliday Fenoglio Fowler, L.P., (HFF) is exclusively marketing for sale the Commons at Temecula, a 292,470-square-foot market-leading retail center located in the affluent Southern California community of Temecula. The fully leased retail property for sale is anchored by a premier lineup of national retailers, including Nordstrom Rack, Total Wine & More, Ulta Beauty, Buy Buy Baby, Cost Plus World Market, Petco, DSW and the local favorite specialty grocer, Organic Roots. The Commons at Temecula offers investors the opportunity to acquire a best-in-class, dominant retail center with embedded NOI growth in a highly desirable Southern California location.
Prominently located at 40400 Winchester Road at one of the city’s busiest intersections along Highway 79, the retail property for sale is adjacent to the highly successful 1.1 million-square-foot Promenade Temecula, which acts as the Town Center with retailers that include Apple, Williams-Sonoma, Pottery Barn, Lululemon, Tesla, AMC, Yardhouse and more. The Commons at Temecula benefits from an ideal location at the heart of Temecula’s primary retail node. This outstanding mall-peripheral location commands exposure and visibility to more than 52,000 vehicles per day.
Temecula is famous for its world-class wineries, beautiful scenery, renowned golf courses and California’s largest casino, the Pechanga Resort and Casino. Recognized as one of California’s most active wine regions, the Temecula Valley is home to more than 1,300 production acres and more than 30 vineyards, many of which offer on-site restaurants and tasting rooms. The city of Temecula boasts an average household income in excess of $95,000, significantly above national averages. The area is home to a growing cluster of prominent medical distribution/supply and biotech companies that have been attracted to the community’s highly skilled labor force and exceptional quality of life. The top-notch school systems; attractive lifestyle; close proximity to San Diego, Los Angeles and Orange Counties; and availability of affordable quality housing relative to coastal markets has made Temecula one of the fastest-growing cities in Southern California.
The Commons at Temecula offers investors the opportunity to acquire a rare trophy offering with top tier tenancy and retention in a high-profile location in a primary retail node that is part of a dense, affluent and growing trade area. For more information on this commercial property or other retail properties for sale, please contact Bryan Ley or Gleb Lvovich in HFF’s Los Angeles and Orange County offices. Click here for our real estate investment sales search page to view other commercial properties for sale.
Holliday Fenoglio Fowler, L.P., acting by and through Holliday GP Corp., a real estate broker Licensed with the California Department of Real Estate, License Number 01385740.