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$ 3,100,000
Est. payment /mo
New
41638 Eastman DR Murrieta, CA 92562
33,541 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25070746
HOA Y/N No
Year Built 2003
Lot Size 33541.001 Acres
Property Sub-Type Industrial
Property Description
Newmark has been exclusively retained to offer for sale the fee-simple interest in 41638 Eastman Drive, located in Murrieta, California.
This exceptional investment opportunity features a 100% leased two-tenant industrial building priced at $3,100,000, located within the prestigious Bixby Commerce Center Project. The property is strategically priced below market rents and replacement costs, ensuring strong potential for future value appreciation.
The industrial building offers ±12,200 square feet of premium space situated on ±0.77 acres, identified by APN 909-351-029. The property is divided between two tenants, each occupying approximately 6,100 square feet.
Interior office spaces are enhanced with deluxe flooring and finishes, providing a professional environment for tenants. The facility includes two convenient ground level loading doors (12' x 12') and a minimum warehouse clearance of 16'. Essential features such as a sprinkler system, warehouse lighting, skylights, and a robust electrical setup of 400 Amps, 120/208 Volt, 3 Phase, support the operational needs of occupants.
Zoned as a Business Park (BP), this property benefits from excellent accessibility, being well-connected to major thoroughfares, I-15 and I-215 freeways, further enhancing its appeal to potential tenants and investors.
This property offers suitability for continued industrial use or the potential for a 1031 investor looking to capitalize on below-market lease rates with an eye toward long-term growth.
This exceptional investment opportunity features a 100% leased two-tenant industrial building priced at $3,100,000, located within the prestigious Bixby Commerce Center Project. The property is strategically priced below market rents and replacement costs, ensuring strong potential for future value appreciation.
The industrial building offers ±12,200 square feet of premium space situated on ±0.77 acres, identified by APN 909-351-029. The property is divided between two tenants, each occupying approximately 6,100 square feet.
Interior office spaces are enhanced with deluxe flooring and finishes, providing a professional environment for tenants. The facility includes two convenient ground level loading doors (12' x 12') and a minimum warehouse clearance of 16'. Essential features such as a sprinkler system, warehouse lighting, skylights, and a robust electrical setup of 400 Amps, 120/208 Volt, 3 Phase, support the operational needs of occupants.
Zoned as a Business Park (BP), this property benefits from excellent accessibility, being well-connected to major thoroughfares, I-15 and I-215 freeways, further enhancing its appeal to potential tenants and investors.
This property offers suitability for continued industrial use or the potential for a 1031 investor looking to capitalize on below-market lease rates with an eye toward long-term growth.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Building/Complex Name Bixby Commerce Center
Zoning BP - Business Park
Interior
Fireplace No
Laundry None
Building
Lot Description Sprinkler System, Flat
Story 1
Water Public
Others
Tax ID 909351029
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Dean Washle • Newmark Grubb Knight Frank • 714-323-2589