Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Office Space Available Title is generated by Realmo AI

    42210 Roick Drive Suite 6, Temecula, CA 92590

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern office with private offices, restrooms, and kitchen.

    Type:Industrial
    Added:
    Feb 8, 2024
    Days on Market:
    827
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 42210 Roick Drive Suite 6

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    2006

    Spaces For Lease

    at 42210 Roick Drive Suite 6 Contact us

    We can help!

    Listing Contact
    Michael Strode

    Listing agent Michael Strode License #DRE #00798900

    Listing office Lee & Associates - Riverside

    Listing date Feb 8, 2024

    Source Crexi

    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 - Riverside

    HighLights

    • Sublease available through 3/31/2027
    • Modern office space
    • Features sleek glass doors and expansive window lines
    • Includes 4 private offices
    • Reception area
    • Built in 2006

    Overview

    This modern office space is available for sublease with 30 days notice. The sublease is available through March 31, 2027. The office features sleek glass doors and expansive window lines. The layout includes a reception area, 4 private offices, 2 restrooms, and a kitchen.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TVC - Temecula Valley ... Telecommunications Service Alexander Pacific Electrical ... Electrical Service Pacific Advanced Lighting, ... Big Box & Wholesale Store Jack’s Garage Coffee, ... Cafe & Coffee Shop Harmony Outreach Charitable Organization

    Suggested Use

    Dental Office Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Hotel & Motel Skin Care Clinic Food Market Pharmacy Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temecula
    County
    Riverside
    State
    California
    Longitude
    -117.1842006
    Latitude
    33.5104649

    Nearby Similar for Lease

    • $900/Mo
      172 SF

      Professional Office Space in Temecula

      Premier commercial location with included amenities and easy freeway access.
      27247 Madison Avenue, Temecula, CA 92590
      View Details
    • $900/Mo
      172 SF

      Professional Office Space in Temecula

      Premier commercial location with included amenities and easy freeway access.
      27247 Madison Avenue, Temecula, CA 92590
      View Details
    • Sponsored
      Contact for pricing

      CA, Temecula - Enterprise Circle

      41877 Enterprise Cir, Temecula, CA 92590
      View Details
    • $900/Mo

      Professional Office Space Available

      Premier Temecula commercial location with shared amenities and easy access.
      27247 Madison Ave 113, Temecula, CA 92590
      View Details
    • $1.10 SF/Yr
      7,432 SF

      Temecula Flex Space Available

      Flex space featuring upgraded power, fenced yard, and fire sprinklers.
      42202 Sarah Way, Temecula, CA 92590
      View Details
    • $700/Mo

      Old Town Temecula Office Space

      Office space for rent in Old Town Temecula.
      28465 Old Town Front St., Temecula, CA 92590
      View Details
    • $2 SF/Yr

      Prime Retail Space on Winchester

      Modern retail space with high visibility in Temecula, CA.
      40405 Winchester Road, Temecula, CA 92591
      View Details
    • $1.75 SF/Yr
      6,000 SF

      Highly Improved Office Suite

      Office suite for sublease with excellent parking and location.
      29121 Overland Dr, Temecula, CA 92591
      View Details
    • $2 SF/Yr
      11,075 SF

      Temecula Office Space Available

      Office space featuring window-lined offices, conference room, and kitchen.
      43460 Ridge Park Dr, Temecula, CA
      View Details
    • Contact for pricing
      33,264 SF

      Furnished Executive Offices for Lease

      Furnished executive offices available for lease in Temecula, CA.
      28693 Old Town Front Street, Temecula, CA 92590
      View Details
    • Contact for pricing
      244 SF

      Old Town Temecula Private Suites

      Private suites in a charming, recognizable Old Town Temecula building.
      41911 5th St, Temecula, CA 92590
      View Details
    • $2 SF/Yr
      5,957 SF

      Temecula Parkway Office Space Available

      Office space available in Temecula, California.
      31309 Temecula Parkway, Temecula, CA 92592
      View Details

    FAQs

    What type of property is this?
    Office units - Modern office with private offices, restrooms, and kitchen.
    Where is this office units located?
    The property is located at 42210 Roick Drive Suite 6 Temecula, CA.
    What are key features of this property?
    This property features: Sublease available through 3/31/2027; Modern office space; Features sleek glass doors and expansive window lines
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Strode
    Real Estate License ID: DRE #00798900
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    42210 Roick Drive Suite 6, Temecula, CA 92590
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!