Shopping Centers in Temecula, California, offer a unique investment opportunity for those looking to capitalize on the city's strong tourism industry and growing population of approximately 530,000. As a hub for wine country, golf, and resort attractions, Temecula's economy is diverse and stable, making it an attractive location for shopping centers. These properties can represent a range of investments, from retail spaces to mixed-use developments, and offer a chance to tap into the city's thriving tourism sector. With amenities like Temecula Valley Hospital, Ronald Reagan Sports Park, and Pennypickle's Workshop, the city provides a high quality of life for its residents, making it an ideal location for shopping centers. The city's location, situated approximately 58 miles north of downtown San Diego and 85 miles southeast of downtown Los Angeles, also makes it an attractive location for visitors and residents alike. With attractions like the Temecula Valley Balloon & Wine Festival and Old Town Temecula, the city is a great place for business and travel.
Temecula's shopping centers are just one aspect of the city's diverse commercial landscape, which also includes restaurants, specialty properties, land, and office properties. The city's restaurants, like those in Old Town Temecula, offer a range of dining options for visitors and residents. Specialty properties, such as the Temecula Valley Wine Country, provide unique opportunities for investment and development. Land properties, with their potential for development, are also an attractive option for investors. Office properties, like those near the French Valley Airport, offer a range of options for businesses looking to establish a presence in the area. With 6 shopping centers for sale, Temecula offers a wide range of investment opportunities for those looking to capitalize on the city's growth and stability. The average price per square foot for shopping centers in Temecula is $595 USD, with an average size of 15,991 square feet and a maximum size of 39,234 square feet. The average cap rate for shopping centers in Temecula is 5.05%, making them an attractive option for investors. Overall, Temecula's shopping centers offer a unique investment opportunity in a city with a strong economy and growing population.
What is the average cap rate for shopping centers in Temecula?
The average cap rate for shopping centers in Temecula is 5.05%, making it an attractive investment opportunity for those looking to capitalize on the city's strong tourism industry and growing population of around 530,000.
