Lake Commercial Off Market

John 14:6 - Jesus said unto him *I am the way, the truth, and the life. No one comes to the Father except by Me.*

OFFERS DUE: Monday May 17th, 2023

The Calvary Realty National Storage Group is pleased to offer this institutional level facility located within the Riverside-San Bernardino-Ontario MSA. With over 4.6M residents, this Metropolitan Statistical Area is the 12 largest in the nation!

Machado Storage consists of 51,605 enclosed square feet of storage as well as 6,200 square feet of covered and uncovered RV Parking.

The property is 93% occupied and has increased rental rates by 23% since October of 2023.

Located at a signalized intersection, the property benefits from great drive by traffic of over 25,000 vehicles per day!

Competitive storage facilities are over 90% occupied and square foot per capita within a 5- and 10-mile radius is 8.9 square feet.

Demand in the area will only increase as there's an additional 18,495 residential units approved for development in the city of Lake Elsinore.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 51605
  • Year Built: 0
  • Location: Lake Elsinore
  • County: Riverside County
  • MLS #: CV23064516

Location

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Contact Information:

Ad Statistics:

Lake Commercial Off Market in Lake Elsinore, California
Ad Number : 3714089
Viewed: 166 times
Added: Apr 21, 2023
Updated on: Apr 21, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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