Contacts
Jerry Palmer
Westmar Commercial Real Estate
Property Details
- Property Type Industrial
- Property Size 9,000 SF
- Date Updated Jul 25, 2023
WestMar Commercial Real Estate is proud to present this rare “auto uses approved” industrial building in the City of Murrieta. This high occupancy two tenant property is currently divided, and occupied, by two very strong tenants. They both have continuing options to extend out to 2027 and 2034 respectively. Both leases have 3-5% annual base rent increases and, one of which, also includes operating expenses reimbursement. This makes for rapid CAP rate increases from the initial 4.5%.It should also be noted that although the property is currently demised, it would be very easy to turn the building back into a single tenant offering and partitioning off a secure yard at the rear of the building. Sandalwood Circle is conveniently located between the French Valley and the Winchester Road on/off-ramps from the I-15. The Cities of Murrieta and. Single Story Multi-Tenant Tilt-Up. Two Units: 1 @ 5,500±SF, 1 @ 3,500± SF)
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Murrieta, CA
- Zip Code 92562
- Market Inland Empire
Points of Interest
-
Arco
1.00 miles
-
76
1.13 miles
-
Chevron
1.17 miles
-
Chevron
1.25 miles
-
Costco Gasoline
1.34 miles
-
Tesla Supercharger
1.42 miles
-
Sam's Club
1.44 miles
-
7-Eleven
1.54 miles
-
Shell
1.57 miles
-
Shell
1.70 miles
-
Fast5Express Murrieta
1.53 miles
-
Enterprise
2.34 miles
-
Jimmy's Ultra Express Car Wash
2.83 miles
-
76 Car Wash
3.11 miles
-
Cal Oaks Car Wash
3.38 miles
-
Quick Quack Car Wash
4.50 miles
-
Express Wash
5.49 miles
-
Redhawk Car Wash
5.73 miles
-
Ramona Tire Car Wash
5.77 miles
-
Redhawk 100% Hand Car Wash
5.92 miles
-
Tam Bayan
0.97 miles
-
Pancha Thai Cuisine
0.98 miles
-
Taco Bell
1.01 miles
-
Jack in the Box
1.04 miles
-
TGI Friday's
1.08 miles
-
Souplantation
1.09 miles
-
Farmer Boys
1.11 miles
-
Alberto's
1.11 miles
-
Chin's Gourmet
1.11 miles
-
Corner Bakery Cafe
1.12 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jerry Palmer
Westmar Commercial Real Estate