41638 Eastman Drive

Murrieta, CA 92562

$3,100,000

List Price

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2003

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Property Description

Newmark has been exclusively retained to offer for sale the fee-simple interest in 41638 Eastman Drive, located in Murrieta, California. This exceptional investment opportunity features a 100% leased two-tenant industrial building priced at $3,100,000, located within the prestigious Bixby Commerce Center Project. The property is strategically priced below market rents and replacement costs, ensuring strong potential for future value appreciation. The industrial building offers ±12,200 square feet of premium space situated on ±0.77 acres, identified by APN 909-351-029. The property is divided between two tenants, each occupying approximately 6,100 square feet. Interior office spaces are enhanced with deluxe flooring and finishes, providing a professional environment for tenants. The facility includes two convenient ground level loading doors (12' x 12') and a minimum warehouse clearance of 16'. Essential features such as a sprinkler system, warehouse lighting, skylights, and a robust electrical setup of 400 Amps, 120/208 Volt, 3 Phase, support the operational needs of occupants. Zoned as a Business Park (BP), this property benefits from excellent accessibility, being well-connected to major thoroughfares, I-15 and I-215 freeways, further enhancing its appeal to potential tenants and investors. This property offers suitability for continued industrial use or the potential for a 1031 investor looking to capitalize on below-market lease rates with an eye toward long-term growth.

Listing Information

List Price $3,100,000
Status Active
MLS AR25070746
Type Commercial
Subtype Industrial
Year Built 2003
Lot Size 1,461,045,960
Structure Size N/A
Courtesy Of Newmark Grubb Knight Frank
Listing Agent Dean Washle DRE#01396224

Interior Features

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Listing information courtesy of: Dean Washle, Newmark Grubb Knight Frank . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 1st, 2025 at 7:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.