Listing ID: NDP2300234
Price: $4,810,000
Price/SqFt: $243.98
Status: Active
Address: 28545 Felix Valdez
City: Temecula
State: California
Postal Code: 92590
SqFt: 19,715
County: Riverside
Temecula
CA
92590
Great property that is very hard to find and 100% Leased consisting of 19,754 SF of small multi-tenant industrial. Units from 700 SF to 4,020 SF and providing over a 4.5% Cap with under market rents that at market would be over a 5.8% cap rate. Close to the freeway at multiple off ramps and shopping with a mall only a few miles away. Very hard to find small industrial complex for sale. Fantastic upside Opportunity.

Primary Features

County: Riverside
Price/SqFt: 243.98
Property Sub Type: Industrial
Property Type: Commercial Sale
Year Built: 1986
Zoning: MSC - Manufacturing and Service Comme...

Interior

Building Area Units: Square Feet
Cooling: no
Heating: no

External

Fence: no
Lot Size Source: Assessor
Minimum Total Area Units: Square Feet
Number Of Buildings: 2

Location

MLS Area Major: SRCAR - Southwest Riverside County

Additional

List Agent State License: 01918582
List Office State License: 01918582
Max Total Area Units: Square Feet
Number Of Units Leased: 7
Number Of Units Total: 7
Parcel Number: 921281006
Year Built Source: Builder

Financial

Accounting Type: Actual
Cap Rate: 4.6
Gross Scheduled Income: 20747
Insurance Expense: 1
Investment Property: yes
Net Operating Income: 221038
Operating Expense: 27900
Real Estate Tax Expense: 8000
Special Listing Conditions: Standard
Total Expenses: 8006
Trash Expense: 1

Zoning Info


Area Info


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Listed by: Richard Alvarez, DRE #01918582 from Prime Investors Corporaton 760-631-2600

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