38692 Brookside Ave - Industrial FOR SALE


Cherry Valley, CA 92223- Cherry Valley West
$6,250,000 USD
602-946-4856
38692 Brookside Ave, Cherry Valley, CA for Sale
$6,250,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

38692 Brookside Ave
Cherry Valley, CA 92223
Cherry Valley West


HIGHLIGHTS

  • Fully entitled, shovel-ready self-storage development opportunity in the San Bernardino MSA located at 38718 Brookside Dr, Cherry Valley, CA
  • ±8.27-acre development parcel approved for a Class A, single-story drive-up facility totaling 98,100 NRSF across 859 storage units
  • Additional ±81,334 SF of unenclosed, canopied RV parking with 150 dedicated stalls creates diversified revenue beyond traditional storage inco
  • Strong submarket fundamentals supported by meaningful population growth, zero competing facilities within a 1-mile radius
  • Institutional confidence validated by 4+ institutionally owned or managed self-storage facilities operating within 3 miles of the site
  • Proven rental rate strength with current market average rents at $1.31 PSF ($15.70 annually) and trailing 12-month average rents at $1.48 PSF

OVERVIEW

Broker of Record David Harrington License # 02168060, 01320460 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cherry Valley, CA Self-Storage Development Si

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

405-230-006

ASK ABOUT THIS PROPERTY

Mason GatesMatthews Real Estate Investment ServicesMore Info
602-946-4856

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Mason GatesMatthews Real Estate Investment ServicesMore Info
602-946-4856

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