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Office Warehouse

Jurupa Valley Industrial/Warehouse Building

10675 San Sevaine Way, Jurupa Valley, CA 91752

Listing Price: $2,100,000

Gross SF
9,836
Price/Gross SF
$213.50
Lot Size
0.24 acres
Year Built
2009
Rentable SF
9,836

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the Jurupa Valley Industrial/ Warehouse Building, a 9,836 square foot industrial property. The property will be delivered vacant and is an ideal owner/user opportunity. The City of Jurupa Valley is located in the northwest corner of Riverside County, California. The subject property is an ideal owner/user opportunity that will enable a new owner to significantly reduce his or her renting costs by owning rather than leasing another property elsewhere. Simply put, given today’s historically low interest rates, a new owner’s mortgage payment would be effectively lower than paying rent somewhere else. Also, owning your own property will provide many tax savings advantages such as depreciation, interest expense and operating expense write-offs. The effective “rent” of ownership, meaning the mortgage payment per square foot is only $0.84/square foot/industrial gross. In comparison, the market lease rates are $0.83-1.05/square foot/industrial gross. Given this, it may be more economical to own rather than lease another building. The Jurupa Valley Building is an attractive, contemporary reinforced concrete tilt-up construction that offer ideal street frontage along San Sevaine Way. The zoning is M-M; Manufacturing Medium, which incorporates many commercial uses. Additional building features include a ceiling height of approximately 22 feet, one exterior drivein dock, fire sprinklers, and approximately 800 square feet of airconditioned office space. Power consists of 400a/277-480v 3 phase 4 wire. The City of Jurupa Valley covers approximately 43.5 square miles and had an estimated population of 109,527 as July, 2019. The major freeways are Interstate 15, which serves as the city’s western border, and State Route Freeway 60, which runs along the norther side of the city. The Ontario International Airport is approximately 10 minutes from the subject property. Rail shipping is also within minutes (Union Pacific, Bloomington, CA and BNSF, San Bernardino, CA)

Investment Highlights

  • Ideal Owner/ User or Value Added Opportunity; 9,836 SQFT
  • Historically Low SBA Financing; 3.29% Interest, 10% Down Payment
  • Excellent Street Frontage, Signage, and Identity
  • Prime Location; Easy Freeway Access
  • 2008 Construction; 22 Foot Ceiling; Power: 400A/277; Sprinklered
  • More Economical to Own than to Lease Elsewhere

Exclusively Listed By

Office Warehouse

Jurupa Valley Industrial/Warehouse Building

Listing Price: $2,100,000

Gross SF
9,836
Price/Gross SF
$213.50
Lot Size
0.24 acres
Year Built
2009
Rentable SF
9,836

Investment Highlights

  • Ideal Owner/ User or Value Added Opportunity; 9,836 SQFT
  • Historically Low SBA Financing; 3.29% Interest, 10% Down Payment
  • Excellent Street Frontage, Signage, and Identity
  • Prime Location; Easy Freeway Access
  • 2008 Construction; 22 Foot Ceiling; Power: 400A/277; Sprinklered
  • More Economical to Own than to Lease Elsewhere

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present the Jurupa Valley Industrial/ Warehouse Building, a 9,836 square foot industrial property. The property will be delivered vacant and is an ideal owner/user opportunity. The City of Jurupa Valley is located in the northwest corner of Riverside County, California. The subject property is an ideal owner/user opportunity that will enable a new owner to significantly reduce his or her renting costs by owning rather than leasing another property elsewhere. Simply put, given today’s historically low interest rates, a new owner’s mortgage payment would be effectively lower than paying rent somewhere else. Also, owning your own property will provide many tax savings advantages such as depreciation, interest expense and operating expense write-offs. The effective “rent” of ownership, meaning the mortgage payment per square foot is only $0.84/square foot/industrial gross. In comparison, the market lease rates are $0.83-1.05/square foot/industrial gross. Given this, it may be more economical to own rather than lease another building. The Jurupa Valley Building is an attractive, contemporary reinforced concrete tilt-up construction that offer ideal street frontage along San Sevaine Way. The zoning is M-M; Manufacturing Medium, which incorporates many commercial uses. Additional building features include a ceiling height of approximately 22 feet, one exterior drivein dock, fire sprinklers, and approximately 800 square feet of airconditioned office space. Power consists of 400a/277-480v 3 phase 4 wire. The City of Jurupa Valley covers approximately 43.5 square miles and had an estimated population of 109,527 as July, 2019. The major freeways are Interstate 15, which serves as the city’s western border, and State Route Freeway 60, which runs along the norther side of the city. The Ontario International Airport is approximately 10 minutes from the subject property. Rail shipping is also within minutes (Union Pacific, Bloomington, CA and BNSF, San Bernardino, CA)

Exclusively Listed By

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