15.73 AC Sanderson Avenue and Esplanade Avenue

The subject property is made up of three available parcels per Parcel Map No. 37863 and labeled as Parcel 1, Parcel 3, and Parcel 4. Parcel 2 is already built out as an existing Dollar Tree and Parcel A is an existing Circle K gas station/convenience store and car wash. The total combined available property is approximately 15.73 acres. The site has flat topography with curb and gutter in place along Parcel 1 (0.74 Net AC) and an existing signal at Sanderson Ave & Esplanade Center. The property has approximately 450 feet of combined frontage along Sanderson Ave which has traffic counts of 35,406 cars per day as well as approximately 288 feet of frontage along Esplanade Ave with traffic counts of 11,500 cars per day. The property is just ¼ mile east of a new LGI Homes master planned community that will contain 852 single-family residential units, a 10 acre park, and a 12 acre designated school site. This project has commenced grading operations and will likely begin vertical construction shortly thereafter. To the east of the property, across Sanderson Ave, is the existing San Jacinto Esplanade Retail Center with existing national tenants such as Walgreens, Starbucks, Jack in the Box, Subway, as well as several other smaller restaurant, retail, and medical tenants. To the north of the retail center is an existing medium density residential subdivision. Sewer and Water are serviced by EMWD with existing sewer and water in place along Sanderson Ave.