1722 Illinois Ave Perris, CA 92571
Industrial property featuring 13,672 square feet of space in Perris.
Property Features for 1722 Illinois Ave
General Information
- Standard status
- Active
- Size
- 13,672 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2004
Listing office Lee & Associates - Temecula Valley (951) 445-4507
Listing date Feb 21, 2026
Source Crexi
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.
Key Highlights
- Industrial Property
- 13,672 SqFt
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 | $170.6k | $12.48 |
| − Vacancy | −$10.2k | −$0.75 |
| EGI | $160.4k | $11.73 |
| − OpEx | −$48.1k | −$3.52 |
| NOI | $112.3k | $8.21 |
