New Construction Warehouse Space
37377 Industry Way Murrieta, CA 92563
37377 Industry Way, Murrieta, CA, 92563
$2,160,936
For Sale
$2,160,936
New construction, high-quality, energy-efficient warehouse space completed February 2023.
Property Size6,833 SF
Price / SF$316.25
Days on Market232
Property Features for 37377 Industry Way
General Information
- Standard status
- Active
- Size
- 6,833 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing Agency
Lee & Associates - Temecula Valley
(951) 445-4508
Listed by
Michael Strode, MBA, CCIM, SIOR · License #CalDRE #00798900
Source
Lee-associates
Added: Nov 26, 2025 Checked: Jul 16 at 7:17 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 - Temecula Valley
Investment Insights
Based on property information with market context.
This is a new construction, high-quality, and energy-efficient building located in French Valley Airport Center Phase III. The building was completed in February 2023 and offers warehouse and industrial property space. The property provides 6833 square feet of space.
Key Highlights
- New Construction completed in February 2023
- High‑Quality Building
- Energy Efficient Building
Local Financial Insights For Warehouse
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 | −$13.8k | −$2.02 |
| NOI | $78.3k | $11.46 |
6,833 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.12M
$978.5K – $1.30M
NOI $78,283 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$921.0K
$805.9K – $1.07M
NOI $64,469 @ 7.0% cap · market cap 2.98%
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
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- Pantera Logistics — 38372 Innovation Ct, Murrieta, CA 92563
- Extra Space Storage — 38370 Winchester Rd, Murrieta, CA 92563
FAQs
What type of property is this?
Warehouse - New construction, high-quality, energy-efficient warehouse space completed February 2023.
Where is this warehouse located?
The property is located at 37377 Industry Way 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 completed in February 2023; High‑Quality Building; Energy Efficient Building
