Two-Story Office Building For
For Sale
Contact for pricing
Pending
43525 Ridge Park Dr, Temecula, CA 92590
Two-story office building with 6,805 square feet of rentable space.
Property Size6,805 SF
Days on Market410
Property Features for 43525 Ridge Park Dr
General Information
Standard status
Pending
Size
6,805 SF
Class
B
Property subtype
Office
Zoning
IP, Temecula
Building Details
Year Built
1991
Stories
2
Tenancy
Multi
Listing Agency:
Anderson Ballard Companies
(818) 919-0282
Listed By:
Brent A. Ballard · License #CA 01297151
Source:
Crexi
Added: Jul 9, 2025
Changed: Aug 8
Last Checked: Jul 24 at 4:21PM
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 Anderson Ballard Companies
Investment Insights
Based on property information with market context.
This two-story office building offers 6,805 square feet of rentable office space. The property features one unit delivered vacant, with the possibility of the entire building becoming vacant this summer. This presents an opportunity for an owner-user investment. The building has been maintained in great condition and features reliable tenants. Its location enhances its appeal for a new owner.
Key Highlights
- 6805 square feet of rentable office space available.
- One unit delivered vacant, perfect for immediate occupancy.
- Entire building possibly vacant this summer, offering flexibility.
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
$96,020
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
5.66%
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%
$1,920,400
$1.9M
Cap Rate 7%
$1,371,714
$1.4M
Cap Rate 9%
$1,066,889
$1.1M
Market Conditions
NOI Build-Up for 6,805 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
$147.0K $21.60/SF
− Vacancy
−$19.0K −$2.79/SF
EGI
$128.0K $18.81/SF
− OpEx
−$32.0K −$4.70/SF
NOI
$96.0K $14.11/SF
Area
Temecula, CA
Vacancy
12.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$1,920,400
Cap Rate 7%
$1,371,714
Cap Rate 9%
$1,066,889
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $96,020 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,850 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,195
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with 6,805 square feet of rentable space.
Where is this office building located?
The property is located at 43525 Ridge Park Dr Temecula, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 6805 square feet of rentable office space available.; One unit delivered vacant, perfect for immediate occupancy.; Entire building possibly vacant this summer, offering flexibility.
