Industrial Building Leased to
27635 Diaz Rd, Temecula, CA 92590
For Sale
Contact for pricing
Industrial building in Temecula, CA, leased to Tesla, Inc.
Property Size40,012 SF
Price / SF$450.84
Days on Market351
Property Features for 27635 Diaz Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
CBRE - Orange County
Listed By:
Anthony Delorenzo · License CA #01706686
(949) 725-8425
Source:
Crexi
Added: Nov 26, 2025
Changed: Nov 10
Last Checked: Nov 10 at 8:44AM
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 CBRE - Orange County
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Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a fully improved industrial building in Temecula, CA. The property was turn-keyed for Tesla, Inc., operating as a collision center servicing the Southwest Riverside County population. The in-place lease spans nearly 12 more years, generating a net income of $968,083 in the first year. The lease includes a three-percent annual increase in rent. The property is suitable for auto shops, automotive properties, retail spaces, NNN properties, specialty properties, and general commercial real estate. The building has a property size of 40012 square feet.
Key Highlights
- Long‑term lease with Tesla, Inc., offering durable cash flow.
- Investment‑grade tenant: Tesla, Inc. (Moody’s: Baa3), a leading global brand.
- Significant first‑year bonus depreciation opportunity (estimated ±$2.9 million deduction).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$582,557
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,651,140
$11.7M
Cap Rate 7%
$8,322,243
$8.3M
Cap Rate 9%
$6,472,856
$6.5M
Market Conditions
NOI Build-Up for 40,012 SF
Gross rent
$883.5K $22.08/SF
− Vacancy
−$51.2K −$1.28/SF
EGI
$832.2K $20.80/SF
− OpEx
−$249.7K −$6.24/SF
NOI
$582.6K $14.56/SF
Area
Temecula, CA
Vacancy
5.80%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,651,140
Cap Rate 7%
$8,322,243
Cap Rate 9%
$6,472,856
Alternative Uses
Best Use
Retail
$8.32M
$7.28M – $9.71M
NOI $582,557 @ 7.0% cap · market cap 3.23%
Second Best
Industrial
$5.32M
$4.65M – $6.20M
NOI $372,225 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$12.42M
$10.87M – $14.49M
NOI $869,330 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,429
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92590, CA
4,840
Population
2,023
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
89
Density / Sq Mi
$76,952
Median Household Income
$41,510
Median Earnings
$1,289
Median Rent
$1,201,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Riverside County, CA
Properties on Market for Auto shops in Riverside County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Techstar European Car Masters — 28073 Diaz Rd unit j, Temecula, CA 92590
- Used Tires of Temecula by Five Brothers — 28073 Diaz Rd, Temecula, CA 92590
- Grim Towing — 28075 Diaz Rd, Temecula, CA 92590
- Temeculers Car Towings — 28910 Rancho California Rd, Temecula, CA 92590
- Innovated Design — 43176 Business Park Dr # 101, Temecula, CA 92590
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial building in Temecula, CA, leased to Tesla, Inc.
Where is this auto shop located?
The property is located at 27635 Diaz Rd Temecula, CA.
What is the asking price?
The asking price for this property is $18,039,000.
What are key features of this property?
This property features: Long‑term lease with Tesla, Inc., offering durable cash flow.; Investment‑grade tenant: Tesla, Inc. (Moody’s: Baa3), a leading global brand.; Significant first‑year bonus depreciation opportunity (estimated ±$2.9 million deduction).
