41690 Ivy St - Medical FOR SALE


Murrieta, CA 92562
$1,950,000 USD
951-491-6322
41690 Ivy St, Murrieta, CA for Sale
$1,950,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

41690 Ivy St
Murrieta, CA 92562


HIGHLIGHTS

  • 7,829± SF EXECUTIVE SUITES FOR SALE
  • WELL LOCATED PROFESSIONAL OFFICE PARK OFFERING:
  • INVESTMENT OR OWNER/USER OPPORTUNITY (SEE FLYER/AGENT)
  • HIGH QUALITY ELEVATOR SERVED BUILDING
  • POTENTIAL SELLER FINANCING

OVERVIEW

BACK ON THE MARKET, a beautifully designed 7,829± SF professional office building currently being utilized as an Executive Office business by out-of-the-area operators. Modern, energy efficient construction. Timeless architecture with grand entrances. Easy access to both freeways (I-15 and I-215). Proximity to NW Murrieta’s Retail Corridor and Old Town District. Condo mapped for multiple implementation and exit strategies. These include a more hands-on operation of Executive Suite business; Downsizing Executive Suites to 1 Floor and having Owner/User utilize other (SBA financing possibility); Terminating Short Term leases in Executive Suites and fully occupying the Building; or Utilizing Existing Condo Map to Retain and or Resell (Contact Agent for Further Details on recommendations from operator of 18 Executive Suite businesses on how to deliver 6.7%+ CAP Rate return). FEATURES: Executive office condos; Separate kitchen, reception and storage areas; high quality elevator served building; upgraded finishes on the cabinetry, flooring with granite counter tops; Additional entry/exit possibility via private back staircase; Great views of the serene local hills; BELOW market pricing at $1,950,000 (±$249 PSF). Potential seller financing to qualified buyers (30%+ down payment). Price, tenant mix and availability subject to change without notice.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

-

APN/PARCEL ID

909-025-015,909-025-016,909-025-017,909-025-018,909-025-019,909-025-020

ASK ABOUT THIS PROPERTY

Jerry PalmerWestMar Commercial Brokerage, Inc.More Info
951-491-6322

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Jerry PalmerWestMar Commercial Brokerage, Inc.More Info
951-491-6322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.