Warehouse with Grade-Level
For Sale
Contact for pricing
41740 Enterprise Cir N, Temecula, CA 92590
Leased through 11/30/2028 with two offices and one restroom, plus a 12'x14' grade-level door.
Property Size3,101 SF
Price / SF$285
Days on Market190
Property Features for 41740 Enterprise Cir N
General Information
Standard status
Active
Size
3,101 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 445-4500
Listed By:
Charley Black · License #CA#01000597
(951) 445-4507
Source:
Moodyscre
Added: Mar 16
Changed: Sep 8
Last Checked: Sep 20 at 12:36PM
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.
Warehouse/industrial building located at 41740 Enterprise Cir N, Temecula, CA 92590. The space includes two offices and one restroom to support day-to-day operations.
The property is leased through 11/30/2028. Physical access includes a 12'x14' grade-level door sized for straightforward loading and receiving.
Designed for industrial use, the building layout is centered on functional warehouse space with dedicated office and restroom accommodations.
The property is leased through 11/30/2028. Physical access includes a 12'x14' grade-level door sized for straightforward loading and receiving.
Designed for industrial use, the building layout is centered on functional warehouse space with dedicated office and restroom accommodations.
Key Highlights
- Leased through 11/30/2028
- Grade‑level door: 12' x 14'
- Two offices
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
$35,030
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
3.96%
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%
$700,600
$700.6K
Cap Rate 7%
$500,429
$500.4K
Cap Rate 9%
$389,222
$389.2K
Market Conditions
NOI Build-Up for 3,101 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
$44.7K $14.40/SF
− Vacancy
−$3.4K −$1.11/SF
EGI
$41.2K $13.29/SF
− OpEx
−$6.2K −$1.99/SF
NOI
$35.0K $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%
$700,600
Cap Rate 7%
$500,429
Cap Rate 9%
$389,222
Alternative Uses
Best Use
Warehouse
$500.4K
$437.9K – $583.8K
NOI $35,030 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$962.5K
$842.2K – $1.12M
NOI $67,375 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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 - Leased through 11/30/2028 with two offices and one restroom, plus a 12'x14' grade-level door.
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 $883,785.
What are key features of this property?
This property features: Leased through 11/30/2028; Grade‑level door: 12' x 14'; Two offices
