41% PRICE REDUCTION!

PLANNED 231,302 SQ. FT. WALMART MOVING FORWARD

17 ACRES PRIME HIGHWAY COMMERCIAL

MENIFEE, CA

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	LOCATION:	Located on the east side of Haun Road, along the 215 Freeway and just north (approx. 1/8 mile) of Scott Road / 215 Freeway in Menifee, CA. TG 898-E-1.
	APN/SIZE:	360-390-006 and 007; approximately 17.54 acres.
	TOPO:	Mostly flat.
	ZONE:	CPS (Scenic Highway Commercial) "Specific wholesale and retail uses."  BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.
	TRAFFIC COUNT:	78,000 vehicles per day along the 215 Freeway directly in front of site. Note: 215 Freeway widening plans in process, freeway overpass to be widened and Scott Road to be improved to 6 lanes.
	UTILITIES:	Buyer to verify.
	MISC:	Property contiguous to the south is owned by Walmart. They have circulated their EIR and it has gone out for comments. For additional details contact Dr. Carmen Cave, City of Menifee Planning Director at 951-672-6777 or Matt Ratcliff, Senior Real Estate Manager at Walmart at 479-204-3148.
	AREA:	Just south of subject (approx 1/8 mile) proposed 526,000 sq. ft. "Junction" Costco anchored shopping center. Just south (approx 1/8 mile) of subject property is an already financed 100,000 sq. ft. Industrial Park (construction to begin soon). Approximately 2.25 miles north on Haun Road and Newport / 215 Freeway: Donahue Schreiber, Country Side Marketplace: Super Target, Lowe's, Petco, Staples, BevMo, Kohl's Sport Chalet, Old Navy, Starbucks, Radio Shack, Verizon, In-N-Out Burger, Red Robin (highest sales in the U.S.), etc.
	PRICE:	REDUCED TO $2,300,000 (only $3.00/Sq. Ft.) (was $3,890,000). Lender prefers all cash - submit. County records appear to indicate Walmart paid about $12/Sq. Ft. for their adjacent land (see full package).
	CONTACT:	David Rosenthal - (818) 787-3077 or (949) 269-6840 for additional information.

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KOREK LAND COMPANY, INC.

15230 Burbank Blvd., Suite 101, Sherman Oaks CA 91411

Telephone:  (818) 787-3077; Fax:  (818) 787-9677

E-mail:  mail@korekland.com