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43136 Rancho Way

5,540 SF 100% Leased Industrial Building Temecula, CA 92590 $3,224,744 CAD ($582 CAD/SF) 6.50% Cap Rate

Investment Highlights

  • Huge fenced commercial yard with distribution of electric and water, along with a huge overhang.

Executive Summary

See the attached brochure on a great unique property that has not been for sale. There is a built in rental increase that will makes the return over a 6.5% cap at year end. It is a large property containing a concrete/asphalt yard and supporting office building. The yard contains block wall construction and commercial gates, improved with water, electric, large overhang, etc. There is also a 5,518 square foot multi tenant office building. The property is 100% leased with a combination of small users and a credit tenant occupying the majority of the office and the whole yard, Initially, the yard was split in half with two different users, because entries/exits are on both sides of the office building with commercial gates. It is located directly across the street from the brand new Tesla Dealership. The return is currently a +6% cap rate that includes new property taxes, with upside to market rents. Financial data upon request. I have been managing this property for over 30 years, let me know if you have any questions. I have had many inquiries to occupy as a tenant and owner user, it is a very hard product to find. Financials upon request.
Everything is negotiable, the owner will look at all offers.

Property Facts

Price $3,224,744 CAD
Price Per SF $582 CAD
Sale Type Investment
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • Industrial Distribution
  • Industrial Truck Terminal
Building Class B
Lot Size 1.00 AC
Rentable Building Area 5,540 SF
No. Stories 1
Year Built 1980

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
921-040-021
Land Assessment
$418,901 CAD
Improvements Assessment
$594,845 CAD
Total Assessment
$1,013,746 CAD

zoning

Zoning Code LI
LI
  • Listing ID: 17194282

  • Date on Market: 2019-09-13

  • Last Updated:

  • Address: 43136 Rancho Way, Temecula, CA 92590

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