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20752642
20752643

SWC Ethanac Rd & Evans Rd, Menifee, CA 92585

MB
CA CA# 02196220
Cushman & Wakefield
Listed by Cushman & Wakefield
Unpriced
574 days on market
Updated 65 days ago

SWC Ethanac Rd & Evans Rd

Details
APN 331-030-013
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 191,610
Net Rentable (SqFt) 191,610
Tenancy Vacant
Lease Type NNN
Broker Co-Op Yes
Class A
Buildings 1
Stories 1
Acreage 9.540
Zoning EDC-NG
Parking Spaces 186 spaces
Parking Per SqFt 0.97
Investment Type Institutional
Occupancy Date 11/15/2024
Ceiling Height 36'
Loading Docks 34
Dock High Doors 34
Ownership fee simple

Prime Institutional-Quality Development Opportunity | 200K SF | IE Premier Logistics Hub

Marketing description

Cushman & Wakefield, Inc. is exclusively offering for sale the Ethanac Rd Logistics Center (“The Site”), a prime ±9.54-acre parcel in Menifee, CA, with the potential to develop a ±200,000 SF Class A industrial building.

The property is strategically located less than half a mile (0.5 mi) from Interstate 215, providing immediate access to a regional workforce of 3.5 million people within 30 miles. The anticipated expansion of the Ethanac Road Expressway further enhances the site’s accessibility, making it an ideal location for logistics and distribution businesses seeking efficient transportation links.

As of 2024, the Inland Empire continues to dominate as the most active industrial market in the U.S. Despite recent softening demands across the nation, there continues to be a strong demand for industrial space in the Inland Empire region. The Ethanac Rd Logistics Center offers a rare opportunity to capitalize on the region's high demand for mid-sized industrial space

Menifee, CA, is strategically positioned in the heart of the Inland Empire, a critical factor that makes it an ideal site for industrial and distribution activities. Its proximity to major highways, including I-215, I-15, and State Route 60, provides seamless access to Los Angeles and Long Beach ports, facilitating efficient transportation across Southern California, Nevada, and Arizona.

The area features extensive industrial real estate, including modern warehouses and distribution centers. It also has significant rail access via Burlington Northern Santa Fe (BNSF) and Union Pacific railroads, establishing Menifee as a key logistics hub. The local labor market boasts a skilled workforce, complemented by various economic incentives from Menifee and Riverside County, that attract businesses looking to establish or expand their operations.

The demand for distribution centers has experienced a significant surge, particularly with the rise of e-commerce. This trend has not gone unnoticed, attracting institutional developers who are actively investing in Menifee, supported by ongoing infrastructure projects such as the Ethanac Expressway, which will further enhance connectivity between I-15 and I-215.

The industrial market in Menifee is characterized by robust demand, rising rental rates, and low vacancy rates, all of which point to a healthy and thriving market. These conditions have not gone unnoticed, attracting significant investment from developers and investors, thereby positioning Menifee as a vital player in the logistics and distribution sectors within the Inland Empire.

Investment highlights

  • Low Operating Cost
  • Major Savings on Drayage
  • Plenty of available Labor
  • Extensive transportation Network

Listing Contacts

MB
CA CA# 02196220
Cushman & Wakefield
Listed by Cushman & Wakefield

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Additional Information

Name
Morrow Botros
License
CA# 02196220
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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