18123 Collier Ave Lake Elsinore, CA 92530

Exceptional investment opportunity: a 18,800 square foot manufacturing building situated on a 3.03-acre lot in Lake Elsinore, CA (92530). This property boasts a 100% occupancy rate with a long-term, net lease to Tractor Supply Company (TSCO), a Fortune 500 company with a BBB/Stable Standard & Poor's rating. The lease, corporately guaranteed, has three 5-year renewal options remaining, each with a 10% rental increase. The building, constructed in 2015 as a build-to-suit, includes an approximately 15,000 square foot fenced outdoor display area and offers ±340 feet of frontage on Collier Avenue. The CM (Commercial Manufacturing) zoning permits a wide array of uses, including but not limited to: bicycle sales and repair, equipment sales and service, furniture and appliance sales, home improvement centers, industrial supply businesses, and light manufacturing. The property is strategically located within Lake Elsinore's largest commercial hub, benefiting from a favorable business climate and outstanding visibility due to its excellent arterial road location. The asking price is $9,200,000, representing a 5.20% cap rate. This presents a compelling opportunity for investors seeking a stable, high-quality asset with significant long-term growth potential.