31760 Casino, Lake Elsinore, CA, 92530

31760 Casino, Lake Elsinore, CA, 92530 < >
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for sale
$8,286,750
Year Built:1990
Status:Active
MLS #:CV21022094
Date Updated:
For information contact:
CENTURY 21 Masters
909-595-6697
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Go See This Property
6% Current CAP Rate - We are proud to present Lakeview Plaza, a 3-tenant retail/office building located in the City of Lake Elsinore, California. Built in 1990, the property sits on 2.51 acres and has a combined building size of approximately 31,747 square feet. The building is situated with approximately 500 feet of street frontage on Casino Drive and also offers gated rear access to the suites, a freeway pylon sign, covered walkways and approximately 110 parking spaces. The current tenants are long-term and have all signed leases that provide for annual rent increases. Upon the execution of the lease, the County of Riverside tenant improvements were in excess of $900,000. Rancho Physical Therapy tenant improvements include an indoor therapy pool and private treatment rooms. Lakeview Plaza has a strong location with freeway visibility on Interstate 15 and is located within one mile of the southeasterly shore of Lake Elsinore and several master plan residential communities including Summerly development that consists of approximately 1,979 dwelling units, several parks, recreation areas and an 18-hole golf course.
Community Information
County Or Parish: RiversideDirections: I 15 - Exit 73 Diamond Dr/Railroad Canyon Rd
MLS Area Major: 699 - Not Defined

Property Information From MLS Data
Property Sub Type: RetailYear Built: 1990

Utilities
Water Source: Public

Listing Information Courtesy of:
List Agent First Name: DOUGLAS
List Agent Last Name: MCCAULEY
List Office Name: MARCUS & MILLICHAP

Walk Score® for 31760 Casino
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Monthly Payment for 31760 Casino
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$8,286,750
Down Payment:
Loan Amount:$6,629,400
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of DOUGLAS MCCAULEY, MARCUS & MILLICHAP
Information obtained from CACRMLS is current as of 4/16/2021 4:47 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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