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Property profile

37377 Industry Way Murrieta, CA 92563

OFF-MARKET
Warehouses
6,833 SF Built 2023
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Property summary

AI-generated overview

This exceptional 6,833-square-foot building, completed in February 2023, offers a unique blend of executive office and warehouse space. Located at 37377 Industry Wy, Murrieta, CA 92563, in the French Valley Airport Center Phase III, this property boasts a modern design and energy-efficient features. The building features a 16-foot ceiling height, one dock-high door, and ample parking with 16 spaces. Priced at $2,160,936 ($316.25/sq ft), this gross lease property offers a 3-year lease term. The building is part of a larger development with buildings ranging from 4,623 to 7,995 square feet, some featuring private yards. Its convenient location provides easy access to the 215 Freeway (8-minute drive via Clinton Keith Road), Murrieta Hot Springs Road and Highway 79 (5-minute drive), and is close to restaurants, shops, residential areas, and wineries. A unique "Try Before You Buy!" program offers a fixed-price lease with an option-to-purchase. This property presents a compelling investment opportunity in a thriving location. The property is situated in Riverside County and benefits from its proximity to French Valley Airport.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 6,833 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37377 Industry Way Murrieta, CA 92563
Murrieta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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