Property profile

4400 Patterson Ave Perris, CA 92571

OFF-MARKET
Warehouses
259,951 SF
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 4400 Patterson Ave, Perris, CA 92571, presents a unique investment opportunity. The Patterson Commerce Center boasts a substantial 259,951 square feet of space, ideally suited for a variety of industrial and office uses. The building features a blend of executive office space and warehouse facilities, totaling approximately 5,002 square feet of office area (2,567 square feet on the first floor and 2,435 square feet on the mezzanine). The warehouse area benefits from a 36-foot clear height at the first column, a 7-inch concrete floor slab, and an ESFR sprinkler system (K-25 heads). Power is provided by a 2,000-amp, 277/480-volt system, expandable to 4,000 amps via underground power. Access is facilitated by 37 dock-high doors (9' x 10') and 2 ground-level doors (12' x 14'). The building's layout includes a spacious, secured, all-concrete truck court measuring approximately 185' to 240', and features 56' x 60' typical column spacing. Ample parking is available with 145 car stalls and 59 trailer stalls. Additional features include 2.5% skylights, white scrim foil insulation, and interior warehouse walls to be painted white. This property is situated in Riverside County, California, offering excellent access to major transportation routes.

Property profile

Verified
Property type Warehouses
Total area 259,951 SF

Cap rate & NOI

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

Location

4400 Patterson Ave Perris, CA 92571
Perris 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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