Industrial Flex
New
For Sale
Contact for pricing
26342-26346 Madison Ave, Murrieta, CA 92562
A substantial office buildout complements the warehouse area in this industrial condominium.
Property Size7,368 SF
Price / SF$285.02
Days on Market3
Property Features for 26342-26346 Madison Ave
General Information
Standard status
Active
Size
7,368 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
15 ft
Office Build-Out
3,400 SF
Drive-In Doors
1
Power
400 amps
Voltage
208 V
Three-Phase Power
Yes
Listing Agency:
Lee & Associates
(951) 445-4500
Listed By:
Sam Robles · License #01982449
(951) 445-4519
Source:
Moodyscre
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 2:49PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial condominium contains 7,368 square feet, including approximately 3,400 square feet of office buildout. Warehouse features include 15-foot clear height and one 12-by-12-foot grade-level roll-up door. Electrical service is 400 amps, 120/208V, three-phase; buyer verification is advised. A fenced yard is a potential site feature.
Key Highlights
- 7,368‑square‑foot industrial condominium
- Approximately 3,400 SF of office buildout
- 15' warehouse clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,412
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,928,240
$1.9M
Cap Rate 7%
$1,377,314
$1.4M
Cap Rate 9%
$1,071,244
$1.1M
Market Conditions
NOI Build-Up for 7,368 SF
Gross rent
$159.1K $21.60/SF
− Vacancy
−$10.8K −$1.47/SF
EGI
$148.3K $20.13/SF
− OpEx
−$51.9K −$7.05/SF
NOI
$96.4K $13.09/SF
Area
Murrieta, CA
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,928,240
Cap Rate 7%
$1,377,314
Cap Rate 9%
$1,071,244
Alternative Uses
Best Use
Flex RnD
$1.38M
$1.21M – $1.61M
NOI $96,412 @ 7.0% cap · market cap 4.59%
Second Best
Warehouse
$1.21M
$1.06M – $1.41M
NOI $84,413 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $162,929 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92562, CA
64,270
Population
22,362
Households
2.9
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
110.3 sq mi
ZIP Area
583
Density / Sq Mi
$113,204
Median Household Income
$55,495
Median Earnings
$2,262
Median Rent
$629,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Bevy Cocktail Catering — 26023 Jefferson Ave ste b, Murrieta, CA 92562
- Red's Cajun Creole — 26402 Roland Rd, Murrieta, CA 92563
Frequently Asked Questions
What type of property is this?
Flex space - A substantial office buildout complements the warehouse area in this industrial condominium.
Where is this flex space located?
The property is located at 26342-26346 Madison Ave Murrieta, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7,368‑square‑foot industrial condominium; Approximately 3,400 SF of office buildout; 15' warehouse clear height
