New Construction Industrial
37377 Industry Way Bldg 24 Murrieta, CA
37377 Industry Way Bldg 24, Murrieta, CA, 00000
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For Sale
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High-quality, energy-efficient industrial building in French Valley Airport Center.
Property Size6,833 SF
Lot Size7.96 Acres
Price / SF$316.25
Days on Market1252
Property Features for 37377 Industry Way Bldg 24
General Information
- Standard status
- Active
- Size
- 6,833 SF
- Lot size
- 7.96 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 37377 Industry Way Bldg 24 Contact us
Listing Agency
Lee & Associates
(951) 445-4508
Listed by
Michael W. Strode · License #CA#01000597
(951) 445-4508
Source
Moodyscre
Added: Feb 10, 2023 Checked: Jul 16 at 6:12 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
Investment Insights
Based on property information with market context.
This is a new construction, high-quality, and energy-efficient industrial building located in French Valley Airport Center Phase III. The building offers 6,833 square feet of space.
Key Highlights
- New Construction
- High‑Quality Building
- Energy Efficient Building
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.4k | $14.40 |
| − Vacancy | −$6.3k | −$0.92 |
| EGI | $92.1k | $13.48 |
| − OpEx | −$27.6k | −$4.04 |
| NOI | $64.5k | $9.43 |
6,833 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$921.0K
$805.9K – $1.07M
NOI $64,469 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,098 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - High-quality, energy-efficient industrial building in French Valley Airport Center.
Where is this industrial property located?
The property is located at 37377 Industry Way Bldg 24 Murrieta, CA.
What is the asking price?
The asking price for this property is $2,160,936.
What are key features of this property?
This property features: New Construction; High‑Quality Building; Energy Efficient Building
