41537 Cherry St - Warehouse FOR SALE


Murrieta, CA 92562
$1,282,500 USD
951-237-7866
41537 Cherry St, Murrieta, CA for Sale
$1,282,500 USD
Warehouse - FOR SALE
1/23
null | Request Cap Rate

41537 Cherry St
Murrieta, CA 92562


HIGHLIGHTS

  • Functional Building + Superior Buildout — 18’ clear, 400A / 277–480V 3-phase; floor drain + 40’ trough drain, abundant parking
  • Rare Building Utility for the Location — (2) 10’ x 12’ grade-level roll-up doors and (2) restrooms plus an executive office and storage closet
  • Lease Through Aug. 30, 2028 (Option) — cash flow visibility with 3% annual increases
  • Stabilized Industrial Investment — ±4,500 SF single-tenant industrial with long-term occupancy history
  • Mark-to-Market Upside — comps support ~10% upside/mo in rent with market escalations trend at ~4% annual bumps
  • Glycol chiller, insulated ceiling, walk-in swamp cooler; new operator targeted on a 3–5 year lease

OVERVIEW

Executive Overview Offered for sale is a stabilized industrial investment leased to a brewery operator with occupancy since 2012. Current rent is $6,411 per month, structured as a split between base rent and CAM reimbursements, with 3% annual rent increases. The tenant has exercised an option extending the lease through August 30, 2028, providing durable near-term income. The property offers clear upside through lease rollover and rent recapture, with nearby comparables supporting approximately $7,000 per month and market escalation trends closer to ~4%. Under new ownership, a new operator tenant may be introduced under a 3–5 year lease (subject to approval), with the ability to structure annual CAM reconciliation under a new lease for improved recoveries. Optional (Separate from Real Estate): The brewery business may be available for acquisition, including FF&E, inventory, goodwill, and applicable licensing. Space Overview ±4,500 SF light industrial building featuring 18’ clear height and (2) 10’ x 12’ grade-level roll-up doors supporting efficient loading, ventilation, and flexible industrial use. Power includes 400A / 277–480V three-phase. The warehouse is fully insulated and improved with a floor drain system, including a 40’ trough drain, plus glycol chiller plumbing through the roof and a walk-in swamp cooler. Custom tasting room improvements and tenant-built infrastructure create a high-quality, differentiating buildout relative to adjacent suites. Business Park (BP) zoning.

FOR SALE DETAILS

PRICE

$1,282,500 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Showroom, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,356

ZONING

BP

APN/PARCEL ID

909-380-029

ASK ABOUT THIS PROPERTY

Craig WaySeaway Properties Real Estate, Inc.More Info
951-237-7866

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Craig WaySeaway Properties Real Estate, Inc.More Info
951-237-7866

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