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Available For Sale - Industrial

5,852 SF | Show Pricing $

AVAILABILITY DETAILS

Size
5,852 SF
Price/SF
Show Pricing $
Listing ID
SA255171
Notes
Avison Young, as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in three industrial condominium totaling up to 17,380 square feet. Units can be sold together or separately. Located within Temecula Corporate Center this offering is the current 100% leased to three tenants. Temecula Corporate Center is a ±186,687 square foot premier master planned business park located on fifteen acres offering a campus style setting. |Located just west of I-15 freeway, on the plateau of Temecula, the offering delivers expansive views of the surrounding valley. Temecula Corporate Center provides easy freeway access via Winchester Road and close proximity to numerous restaurants and professional services. Temecula is home to several large employers such as technology based: International Rectifier: biotech: Abbot and PHS; distribution: Scotts; manufacturing: Milgard Windows. |These industrial condominiums range from 5,526 square feet to 6,002 square feet. Constructed in 2008 the project delivers modern design and architecture, first class flex-office finishes, lush landscaping with trellis lunch areas and a magnificent sculpture by internationally acclaimed Sculpturist Brad Howe. |Currently 100% leased, these properties provide an excellent opportunity for an owner user with future expansion requirements to acquire institutional quality assets at 26% below cost of replacement. The offering provides a secure inplace cash flow from three quality tenants occupying separate buildings. An investor or owner user will benefit from improving market fundamentals with multiple exit strategies: high probability of lease renewal at increased rental rates, occupy spaces as they become available for staged expansion, potential sale to the existing tenants and/or to individual users at values considerably above the acquisition price.
Uses
Industrial

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Matt Shaw CCIM, Avison Young