Keegan Cin | Realtor® | License # DRE 01971604

Property

Murrieta, CA 92562 41638 Eastman Drive

Presented By: Dean Washle with Newmark Grubb Knight Frank; 714-323-2589
  • MLS# AR25070746
  • 04/01/2025
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  • SQFT • 12,200
  • Year Built • 2003

Home Details

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.
Presented By: Dean Washle with Newmark Grubb Knight Frank; 714-323-2589

Interior Features for 41638 Eastman Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 41638 Eastman Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMurrieta
CountyRiverside
DirectionsOff I-15 in Murrieta, CA, exit Winchester Rd, go west to Jefferson Ave, then go north on Jefferson Ave, and turn left or go west on Eastman Dr.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet1461045960.0
Lot Size UnitsAcres
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased2
Occupancy TypeTenant
Property Attached Y/NNo
Property Sub Type AdditionalIndustrial
Property SubtypeIndustrial
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TopographyLevel
Waterfront Y/NNo
Year Built2003
ZoningBP - Business Park

Exterior for 41638 Eastman Drive

Building Area Total12200.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklerSystem, Flat
Lot Size Acres33541.0
Lot Size Area33541.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Park NameBixby Commerce Center
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $3,100,000
MLS#AR25070746
List Date 04/01/2025
Property Type Commercial
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