Description

CBRE is pleased to offer Murrieta Business Center, a well-maintained multi-tenant retail and flex-industrial property at the signalized intersection of Jefferson Avenue and Pear/Eastman Drive, less than one minute from Interstate 15. The approximately 18,940-square-foot property sits on 1.07 acres and includes 41 parking spaces. It is 89.4% occupied, with 2,000 square feet available, and generates Year 1 NOI of $229,542 at a 5.47% cap rate. The suite mix accommodates service, light-industrial, and local business users, with many suites offering roll-up doors. In-place rents are approximately 35% below market, creating near-term mark-to-market potential. The property benefits from visibility at a signalized hard corner, approximately 28,800 vehicles per day on Jefferson Avenue, easy I-15 access, and strong Southwest Riverside County demographics.