Murrieta, CA 92562,25136 Hancock AVE
$2,600,000
$2,890,000
10.0%
Est.Price: ?

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0.6 Acres Lot

25136 Hancock AVE Murrieta, CA 92562

Est. payment /mo
SOLD DATE : 02/24/2022

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Key Details

Sold Price $2,600,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR21093012

Year Built 2007

Lot Size 0.600 Acres

Property Sub-Type Office

Property Description

Well maintained 4 units medical & retail mixed use building for sale in Murrieta. Built in 2007. Total rentable 8,220 sf on 26,136 sf land. Units A & D are for lease or owner user (1,500 sf & 1,320 sf). Unit B is leased (4,400 sf), Unit C is on month to month lease (1,000 sf). Ideal for owner user or investment. 20 parking spaces on the subject property plus 22 parking space from the adjacent land owner. Total of 42 parking spaces. See reciprocal parking agreement link. Parking ratio 5:1. Adjacent to 215 & 15 freeways junctions. The City is one of the fastest growing community in Riverside County. The City was listed as one of the second-safest city (over 100,000 in population) in the United States. Proforma Cap rate is estimated at 5.8%, based on fully leased $1.70 NNN per sf.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning C1

Interior

Heating Central, Forced Air

Cooling Central Air, Electric

Laundry None

Exterior

Fence None

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Roof Type Flat

Building

Lot Description Cul-De-Sac, Paved, Flat

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Peter Loh RE/MAX Universal Realty
Bought with NONE NONE None MRML

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agent

Stacy Braglia

REALTOR® | License ID: 01303104

+1(951) 295-5477

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