Eastman Drive, Murrieta, California 92562

Listed By Newmark Grubb Knight Frank

The Industrial Property for Sale located at Murrieta, California 92562 is currently for sale. Murrieta, California 92562 is listed for $3,100,000. If the property located at Murrieta, California 92562 isn't what you're looking for, visit https://devadmindomaintest1.xomio.com to see other Industrial Properties for Sale in Murrieta .

Date Updated : Apr 2, 2025

MLS#: 374168263

$3,100,000 USD

  • Minimum sellable space
    1,133 m² (12,200 ft²)
The details

Property features

Construction details

  • Year built: 2003

Area

  • Property size: 1,133 m² (12,200 ft²)
  • Land/Lot size: 135,735,611 m² (1,461,045,960 ft²)

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

Murrieta, California 92562
Map preview
Courtesy of Dean Washle Newmark Grubb Knight Frank

Listing Contact: 714-323-2589

Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.