16746 Lakeshore Dr

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16746 Lakeshore Dr

lake-elsinore, CA 92530
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at 16746 Lakeshore Drive in Lake Elsinore, California, this retail property is situated along a primary lakeside thoroughfare characterized by a mix of residential neighborhoods and small-scale commercial developments. The site offers direct visibility to local traffic and is positioned near recreational destinations including Elm Grove Beach and the Lake Elsinore Diamond stadium. Transportation access is provided via state highways with connections to the I-15 freeway, linking the property to the broader Inland Empire region and nearby shopping centers. The property is suited for neighborhood-serving retail businesses such as convenience stores, boutique shops, or service-oriented providers including salons and professional offices. Given the proximity to residential housing and lakeside recreational areas, ideal tenants include local entrepreneurs or regional retailers looking to capture both daily commuter traffic and seasonal visitors. The layout supports businesses requiring street-front exposure and accessible parking for a diverse local customer base.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times