Curated News
By: NewsRamp Editorial Staff
August 20, 2025
SRS Closes $5.95M Retail Sale in French Valley Marketplace Breakup Strategy
TLDR
- SRS Real Estate Partners secured a $5.95 million sale with a 5.92% cap rate, offering investors stable returns from long-term triple-net leases in a high-growth market.
- SRS Capital Markets structured the sale of a 7,226-square-foot retail building with Panera Bread and Toro Sushi on absolute triple-net leases, facilitating a 1031 exchange for the buyer.
- This sale supports economic growth in Temecula, creating jobs and enhancing community amenities through well-located retail properties in a business-friendly environment.
- French Valley Marketplace has attracted major tenants like Chipotle and McDonald's, with SRS executing 11 sales totaling over $55 million in the center.
Impact - Why it Matters
This transaction signals continued strong investor appetite for well-located retail properties in growing markets like Temecula, which serves as a crucial economic hub for southwest Riverside County. For commercial real estate investors, the 5.92% cap rate and successful 1031 exchange demonstrate the viability of retail investments in secondary markets with strong fundamentals. The ongoing breakup strategy of French Valley Marketplace, totaling over $55 million in sales, provides valuable market data for developers and investors evaluating similar commercial property dispositions. For the local economy, these successful retail transactions support business growth and job creation in a region experiencing significant biomedical, biotech, and advanced manufacturing expansion, contributing to the area's economic resilience and development.
Summary
SRS Real Estate Partners has successfully closed a $5.95 million sale of a newly constructed retail property at French Valley Marketplace in Winchester, California, marking another significant transaction in the strategic breakup of this commercial center. The 7,226-square-foot building features three tenant spaces, with Panera Bread and Toro Sushi secured under long-term absolute triple-net leases, while one unit remains available for lease. The deal was orchestrated by SRS Capital Markets professionals Matthew Mousavi, Patrick Luther, and Jack Cornell, who represented a Southern California-based private developer in selling to a La Jolla-based private investor utilizing a 1031 exchange strategy.
This transaction represents the most recent sale in French Valley Marketplace's strategic disposition plan, with only one pad remaining available. According to Matthew Mousavi, SRS has now executed 11 sales totaling over $55 million on behalf of the developer within this center, demonstrating the strong market demand for well-located retail properties in the growing Temecula submarket. The property achieved a 5.92% cap rate and secured new financing, reflecting the continued investor confidence in this high-growth area that serves as the job center for southwest Riverside County with strong industry clusters including biomedical, biotech, life sciences, and advanced manufacturing.
The success of French Valley Marketplace underscores the attractiveness of the Temecula market, which benefits from a business-friendly atmosphere, high quality of life, educated workforce, and strategic location between Los Angeles, San Diego, and Orange counties. This transaction adds to SRS Capital Markets' impressive year-to-date performance of over $1.5 billion in deal volume across more than 400 transactions nationwide, with the firm currently marketing over 845 properties valued at more than $3.7 billion, solidifying their position as industry leaders in commercial real estate solutions.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, SRS Closes $5.95M Retail Sale in French Valley Marketplace Breakup Strategy
