Flex Space with Office
New
For Sale
$2,100,000
26346 Madison Ave, Murrieta, CA 92562
A substantial office component includes private offices, reception, a conference room, and a kitchen.
Property Size7,368 SF
Price / SF$285.02
Days on Market3
Property Features for 26346 Madison Ave
General Information
Standard status
Active
Size
7,368 SF
Total Parking Spaces
17
Property subtype
Industrial
Zoning
BP
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
Additional Details
Asking Price
$2,100,000
Highway Access
Yes
Building Details
Building Size
7,368 SF
Year Built
2008
Listing Agency:
Lee & Associates - Temecula Valley
Listed By:
Sam Robles · License #CalDRE #01982449
(951) 445-4519
Source:
Lee-associates
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 24 at 2:42PM
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
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Investment Insights
Based on property information with market context.
This 7,368 SF flex property was built in 2008 and includes approximately 3,400 SF of office improvements. The office layout has private offices with built-in granite countertops, a reception area, a conference room, and a kitchen. The warehouse offers 15 feet of clear height and one 12' × 12' ground-level roll-up door. Electrical service is 400 amps, 120/208V, three-phase; buyer verification is advised. The property has 17 parking spaces and BP (Business Park) zoning, with potential for a fenced yard.
Madison Avenue provides access to Jefferson Avenue and I-15. The building combines office and warehouse areas within a flex-space configuration.
Madison Avenue provides access to Jefferson Avenue and I-15. The building combines office and warehouse areas within a flex-space configuration.
Key Highlights
- 7,368 SF building with approximately 3,400 SF of office improvements
- Office area includes private offices, reception, conference room, and kitchen
- Warehouse has 15' clear height and one 12' × 12' ground‑level door
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.
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Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Yes
Highway access
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
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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 component includes private offices, reception, a conference room, and a kitchen.
Where is this flex space located?
The property is located at 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 SF building with approximately 3,400 SF of office improvements; Office area includes private offices, reception, conference room, and kitchen; Warehouse has 15' clear height and one 12' × 12' ground‑level door
