41638 Eastman Drive
Murrieta, CA 92562
33,541.00 acres | #AR25070746
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.
Property Details
- Lot DescriptionSprinklerSystem, Flat
- Original List Price$3,100,000
- MLS #AR25070746
- Property SubtypeIndustrial
- MLS #AR25070746
- CountyRiverside
- Property TypePurchase
- Cost3100000
- Utility SourcePublic
- Acres33541
- Year Built2003
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Dean Washle (#AR40599)
Listing Office: Newmark Grubb Knight Frank (#3180)
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