$4,495,000
Enterprise Professional Office Building
Details
APN 909-270-058
Property Type Office
Sub Type Medical Office
Square Footage 14,214
Cap Rate 6.32%
NOI $287,081
Occupancy 94.5%
Tenancy Multi
Lease Type NNN
Price per SqFt $319
Class B
Year Built 1989
Year Renovated 2000
Stories 2
Acreage 1.110
Zoning C1CP
Parking Spaces 52 spaces
Parking per 1,000 SqFt 3.66
Investment Type Stabilized
Sale Condition Distressed
Office | 6.32% CAP | 14,214 SqFt
Marketing description
The Enterprise Professional Office Building is a multi-tenant professional office building located in Temecula, California. This memorandum summarizes key property, tenant, and financial information provided for marketing purposes.
Investment highlights
- Multi-tenant, two-story professional office building in Temecula.
- Anchor tenant of 25+ years, Banner Bank, with lease through 07/31/2028.
- Diverse tenant mix including finance, medical/dental, legal, and professional services.
- 94.5% leased at time of preparation (approximately 13,427 SF occupied).
- Strong accessibility near the I-15 / SR-79 interchange and Winchester Road corridor.
- Parking ratio of 3.66 spaces per 1,000 SF (52 spaces).
- Extensively Renovated in 2000.
- $287,081 NOI, 6.32% Cap rate
- Bankruptcy Court Order approving the sale free and clear of any/all liens. Taxes paid, title insurance provided and can get order within approximately 30 days.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$287,081.44
$23,923.45/mo
Valuation Metrics
0
DSCR
6.39%
Cap Rate
6.39%
ROI
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