17999 Collier Ave, Lake Elsinore, CA 92530

17999 Collier Avenue offers a combination rarely available along the I-15 corridor: income today, occupancy tomorrow. The building is leased through December 31, 2027. Currently leased at $25,916.53 per month on a modified gross basis and bumps to $26,694.02 per month on January 1, 2027— comfortably below current market levels — and the seller will continue to pay property taxes through the expiration of the lease.

A buyer collects rent while planning the transition, then steps into a crane-served, heavy-power freeway building at the start of 2028 — or re-leases the space and marks the rent to market. With 25-year SBA 504 rates at 6.11% as of June 2026 — and manufacturers pricing roughly 25 basis points lower — financing remains attractive for owner/users positioning ahead of the lease expiration.

Lake Elsinore has officially passed the 75,000-resident mark (California Department of Finance) and remains one of the fastest-growing cities in California — up more than 7.5% since the 2020 Census. Sitting on the I-15 corridor roughly midway between Corona and the Temecula Valley, the city pairs Southern California's largest natural freshwater lake and a deep outdoor-recreation economy with a pro-business city hall that is actively courting commercial investment.

For industrial users, the math is simple: a fast-growing labor force, freeway frontage, and per-foot pricing that core Inland Empire submarkets to the north can't touch. Owner/user demand has strengthened, supported by SBA 504 financing — 25-year debenture rates stand at 6.11% as of June 2026, with manufacturers pricing roughly 25 basis points lower — and well-located, crane-served buildings under 50,000 SF remain scarce in existing inventory along this stretch of the corridor.