REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dean Washle • Newmark Grubb Knight Frank
$ 3,100,000
Est. payment | /mo
$ 3,100,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR-25070746
Year Built 2003
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.
Location
State CA
County Riverside
Zoning BP - Business Park
Interior
Laundry None
Building
Lot Description Sprinkler System