Investment Offering
Temecula, CA - Butterfield Station
32909 Temecula Pkwy | Temecula, CA
$1,416,003
NOI65,455
± SF Offering GLADescription
Butterfield Station is a 100% occupied grocery anchored center. Smart & Final recently signed a 15-year lease and will be open for business in Spring of 2024. In addition to the recent Smart & Final lease, the center has a strong track record of lease renewals and long term extensions.
Location
- Temecula is in the southwestern region of the Inland Empire, and is well-positioned between Los Angeles and San Diego
- Average household incomes exceed $118,000 within a 5-mile radius of the subject property
- Temecula is considered to be the wine country of Southern California
- The center is directly across the street from the Paloma Del Sol and Paseo Del Sol neighborhoods, master planned communities with hundreds of single family homes. A tentative map has been approved for the last remaining undeveloped tract, which would bring an additional 168 homes and further enhance the daily needs demand in the trade area.
Contact
Zeb Ripple
Capital Pacific