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Property profile & analytics
OFF-MARKET
Warehouses

0 Swc Ethanac Rd & Evans Rd Perris, CA 92585

191,610 SF 9.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, located at the southwest corner of Ethanac Road and Evans Road in Menifee, California, presents a prime investment or owner-user opportunity. The single-story, 191,610-square-foot building sits on a 9.54-acre lot and boasts 34 loading docks with 34 dock-high doors, and a 36-foot ceiling height. Offering 186 parking spaces, the property is zoned EDC-NG and features excellent access to major transportation arteries, including Interstate 215, providing efficient connectivity to a vast regional workforce. The property's location within the Inland Empire's thriving logistics hub offers significant advantages, including low operating costs and substantial drayage savings. The area benefits from an abundant labor pool and extensive transportation infrastructure, making it an ideal location for distribution and logistics businesses. The property is available for occupancy on November 15, 2024, under a triple-net (NNN) lease. Its strategic location in Menifee, with proximity to I-215, I-15, and State Route 60, ensures seamless access to the ports of Los Angeles and Long Beach, as well as Southern California, Nevada, and Arizona. The property's location within the Inland Empire, a region experiencing robust demand, rising rental rates, and low vacancy rates, presents a compelling investment opportunity. The anticipated completion of the Ethanac Road Expressway will further enhance the property's accessibility and value. The property's APN is 331-030-013.

Property profile
Verified
Property type Warehouses
Total area 191,610 SF
Lot 9.54 ac (415,562 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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