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Property profile

1 Charles St Banning, CA 92220

OFF-MARKET
Industrial properties
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186,690 SF Built 2024

Property summary

AI-generated overview

This exceptional 186,690-square-foot industrial manufacturing facility, built in 2024, presents a unique investment opportunity in Banning, California. Located at 1 Charles St, this single-story building boasts a total of two suites, with one currently available, offering 90,000 square feet of versatile space. The property features twelve dock-high doors and eight drive-in doors, ensuring efficient loading and unloading operations. Ample parking is provided with 119 spaces available for employees and visitors. Situated in Riverside County, this property benefits from its strategic location, just a 1.5-hour drive from Los Angeles, offering convenient access to major transportation routes and a large workforce pool. The property's proximity to a shopping center adds to its appeal. The building is ideally suited for a variety of manufacturing uses, and the landlord is offering a generous tenant improvement allowance. This is a rare opportunity to secure a state-of-the-art facility in a cannabis-friendly city, providing significant potential for growth and profitability. The property's size, modern amenities, and prime location make it an exceptional investment prospect. The zip code is 92220.

Property profile

Verified
Property type Industrial properties
Year built 2024
Total area 186,690 SF

Cap rate & NOI

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

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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