Industrial Building with Two Grade-Level
For Sale
Contact for pricing
41740 Enterprise Cir N, Temecula, CA 92590
Two combined condo units feature two 12' x 14' grade-level doors and are fully occupied through 11/30/2026.
Property Size9,226 SF
Price / SF$275
Days on Market182
Property Features for 41740 Enterprise Cir N
General Information
Standard status
Active
Size
9,226 SF
Property subtype
INDUSTRIAL
Occupancy
100%
Additional Details
Drive-In Doors
2
Listing Agency:
Lee & Associates
(951) 445-4500
Listed By:
Charley Black · License #1000597
(951) 445-4507
Source:
Moodyscre
Added: Mar 16
Changed: Sep 11
Last Checked: Sep 12 at 7:22AM
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
Investment Insights
Based on property information with market context.
The public offering describes a 34,675-square-foot industrial building configured as two combined condo units within a fully occupied tenant space. The units include (2) 12' x 14' grade-level doors to support straightforward warehouse loading and access.
The property is located at 41740 Enterprise Cir N in Temecula, California and is listed for sale with current occupancy in place. The tenant is leased through 11/30/2026.
The property is located at 41740 Enterprise Cir N in Temecula, California and is listed for sale with current occupancy in place. The tenant is leased through 11/30/2026.
Key Highlights
- 34,675 SF industrial building, leased through 11/30/2026
- Two combined condo units—fully occupied tenant space
- Two 12' x 14' grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,220
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,084,400
$2.1M
Cap Rate 7%
$1,488,857
$1.5M
Cap Rate 9%
$1,158,000
$1.2M
Market Conditions
NOI Build-Up for 9,226 SF
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.
Gross rent
$132.9K $14.40/SF
− Vacancy
−$10.2K −$1.11/SF
EGI
$122.6K $13.29/SF
− OpEx
−$18.4K −$1.99/SF
NOI
$104.2K $11.30/SF
Area
Temecula, CA
Vacancy
7.71%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,084,400
Cap Rate 7%
$1,488,857
Cap Rate 9%
$1,158,000
Alternative Uses
Best Use
Warehouse
$1.49M
$1.30M – $1.74M
NOI $104,220 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,451 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,081
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Shred and Go! — 28061 Jefferson Ave UNIT 8, Temecula, CA 92590
- Self-Storage at U-Haul — 27941 Jefferson Ave, Temecula, CA 92590
- Southern California Moving & Storag — 42180 Zevo Dr, Temecula, CA 92590
- StorAmerica Self Storage — 42189 Winchester Rd, Temecula, CA 92590
- All About Storage Temecula — 27577 Commerce Center Dr, Temecula, CA 92590
Frequently Asked Questions
What type of property is this?
Warehouse - Two combined condo units feature two 12' x 14' grade-level doors and are fully occupied through 11/30/2026.
Where is this warehouse located?
The property is located at 41740 Enterprise Cir N Temecula, CA.
What is the asking price?
The asking price for this property is $2,537,150.
What are key features of this property?
This property features: 34,675 SF industrial building, leased through 11/30/2026; Two combined condo units—fully occupied tenant space; Two 12' x 14' grade‑level doors
