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8082 Limonite Avenue

Sprouts Farmers Market Leases 23300 Square Feet At Jurupa Valley Spectrum Shopping Center
LEASEDRetail

Sprouts Farmers Market Leases 23300 Square Feet At Jurupa Valley Spectrum Shopping Center

8082 Limonite Avenue

Building Size

23,300 SF

Asset Type

Retail

Closing

Oct 9, 2025

AI

The property asset involved in this transaction is a retail space located at 8012-8082 Limonite Avenue in Jurupa Valley, encompassing a total of 23,300 square feet. The retail space will serve as an anchor for the Jurupa Valley Spectrum Shopping Center, specifically repurposing an area previously occupied by a movie theater.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Square Footage: 23,300
  • Address: 8012-8082 Limonite Avenue
  • Market: Jurupa Valley
  • Landlord: Kite Family LP
  • Tenant: Sprouts Farmers Market
  • Landlord's Representative: Roxanne Klein - Progressive Real Estate Partners
  • Tenant's Representatives: Ryan Sullivan & Jeff Nichols - CBRE

This lease agreement marks the involvement of significant representatives in the transaction, with Roxanne Klein representing the landlord, Kite Family LP, while the tenant, Sprouts Farmers Market, was represented by Ryan Sullivan and Jeff Nichols of CBRE. The new store plans to open in 2026.

Players

Jeff Nichols

CBRE

Broker

1 deal

Broker
Progressive Real Estate Partners
Progressive Real Estate PartnersBrokerage
CBRE
CBREBrokerage

Jurupa Valley Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93