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Flex Space with Grade-Level Doors
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41740 Enterprise Cir N, Temecula, CA 92590

Two legal condo units include reception, private offices, and restrooms.

Property Size7,447 SF
Price / SF$275
Days on Market139

Property Features for 41740 Enterprise Cir N

General Information

Standard status Active
Size 7,447 SF
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates
Listed By: Charley Black · License #CA#01000597
Source: Moodyscre
Added: Mar 16 Changed: Jul 31 Last Checked: Aug 1 at 11:29AM

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.

This flex space is an industrial building configured as 2 legal condo units. The interior includes a reception area, 4 private offices, and 2 restrooms. The building also has (2) 12’x14’ grade-level doors for direct access at the building level.

Located at 41740 Enterprise Cir N in Temecula, California, the property combines office-oriented interior areas with industrial building features. The two-unit legal condo configuration provides a clearly defined physical and ownership structure supported by the existing reception, office, restroom, and grade-level door improvements.

Key Highlights

  • 2 legal condo units
  • (2) 12’x14’ grade‑level doors
  • Reception area

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $160.9k $21.60
− Vacancy −$20.8k −$2.79
EGI $140.1k $18.81
− OpEx −$35.0k −$4.70
NOI $105.1k $14.11
7,447 SF · lease $21.60/SF/yr · vacancy 12.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,079 @ 7.0% cap · market cap 5.13%
Second Best
Warehouse
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,124 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M (±1% cap)
NOI $161,799 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Brilliant Electric Electrical Service Armored Transport Inc Car Rental Facility Hank's Hardware & Lumber Building Supply Off The Rails Winery Brewery & Distillery Arch Doors & Molding Hardware & Home Improvement

Suggested Use

Top Pick Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Butcher Bed & Breakfast Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,281
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Two legal condo units include reception, private offices, and restrooms.
Where is this flex space located?
The property is located at 41740 Enterprise Cir N Temecula, CA.
What is the asking price?
The asking price for this property is $2,047,925.
What are key features of this property?
This property features: 2 legal condo units; (2) 12’x14’ grade‑level doors; Reception area
(951) 445-4507 Call to check price and availability
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