Other Retail
Bob’s Discount Furniture
Other Retail Offerings
Bob’s Discount Furniture
24440 Village Walk Place
Murrieta, CA 92562
- Price:
- $2,981,460
- Cap Rate:
- 8.50%
- NOI:
- $253,424
- Rentable SQFT:
- 30,624 SF
- Year Built:
- 2006/2019
- Lot Size:
- 2.82 Acres
- Type of Ownership:
- Leasehold Interest
- Status:
- Available
Investment Highlights
- Established And Growing Tenant: 121 Locations In 18 States
- Dominant Intersection With Strong Traffic Counts: 164,000+ VPD
- Excellent Location In Village Walk Plaza – A 314,000 SF Shopping Destination
- Bob’s Furniture Generates Over $1B In Revenue Annually
Marcus & Millichap is pleased to present this rare opportunity to purchase a leasehold interest in a Bob’s Discount Furniture located with the Village Walk Plaza shopping center located in Murrieta, CA. The offering is a 30,624-square-foot facility positioned next to Interstate 15 with excellent visibility to over 164,000 cars on all nearby roads. Village Walk Plaza is a 314,000 SF power retail center which is part of the Village Walk Master Plan that included Village Walk Square, a mixed-use office and commercial complex, and Grand Isle, a 453 unit age-restricted apartment complex. Anchor tenants include Guitar Center, Bed Bath & Beyond, Bev-Mo, Office Depot, Petco, Planet Fitness, David’s Bridal, and more.
This strategic location in one of the busiest retail hubs in Murrieta with unmatched access and visibility from Interstate 15. This dominant retail corridor is home to Kohls, Target, Best Buy, Home Depot, and Walmart, as well as numerous national restaurants. The subject property is located 7 miles from Temecula and 40 miles from Riverside.
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