Flexible I-10 Warehouse & Fenced Lot 1284 E Lincoln St
57,272 SF Industrial Building Online Auction Sale Banning, CA 92220
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INVESTMENT HIGHLIGHTS
- This versatile industrial warehouse offers quality space for users or investors with desirable modern features and prime location off I-10.
- Easily accessible from the 10 and 215 Freeways, as well as Routes 60 and 79, providing convenient connections across the metro area.
- Well-equipped property has one dock door, 10'x14' & 17'x18' grade-level doors, 3-phase power, a wet sprinkler system, and a 3-acre gravel yard.
- Positioned near quality amenities, including the Desert Hills Premium Outlets, the Morongo Casino Resort & Spa, and many popular local restaurants.
EXECUTIVE SUMMARY
1284 E Lincoln Street comprises 57,272 square feet and is equipped with desirable features that make it an excellent choice for growing industrial businesses. The property has a clear height of 24 feet in warehouse A & 32 feet in warehouse B with a complete wet sprinkler system and includes robust loading capabilities, including one dock door and two drive-in doors measuring 10 feet by 14 feet & 17 feet by 18 feet. Substantial power is supplied by the facility's 1000-amp, 480-volt, 3-phase power supply. The building sits on a spacious 7.13-acre lot with 3 acres of outdoor storage spaces, providing ample storage or parking space.
Just off Interstate 10, 1284 E Lincoln Street enjoys easy access to major freeways, quality urban amenities, and the region’s most valuable markets. In addition to the 10, The area provides quick connections to the 215 Freeway, as well as Routes 60 and 79. These vital arteries allow for the movement of goods to Palm Springs in 30 minutes, Los Angeles in 90 minutes, San Diego in two hours, Las Vegas in two hours and 45 minutes, and Phoenix in five hours. Tenants can enjoy best-in-class shopping and dining at the upscale Desert Hills Premium Outlets, the largest collection of luxury outlets in California with over 180 designer stores. The nearby Morongo Casino Resort & Spa also provides a wealth of quality recreation opportunities.
The area surrounding 1284 E Lincoln Street has grown into a high-demand industrial hub in recent years. Vital operations sit nearby for large tenants, including Estes Express Lines, IMS Products, and Sketchers. The region neighbors the now-closed Banning Municipal Airport, which is generating interest in new industrial developments. With nothing currently under construction and submarket vacancy rates of just 4.6%, this is an ideal opportunity to enter an up-and-coming industrial corridor.
Situated between the Inland Empire and the Coachella Valley in the San Gorgonio Pass, Banning is a small town with stunning vistas of the two tallest peaks in southern California—Mount San Jacinto and Mount San Gorgonio. A bevy of local events brings the community together in Banning, including the popular Stagecoach Days, Coachella Music Festival, Thunder and Lightning Pow Wow, Concerts in the Park, and more. The city’s proximity to major markets and quality residential communities have delivered a robust demographic profile within 10 miles of 1284 E Lincoln Street. The growing population of more than 97,000 makes up a robust workforce pipeline for industrial businesses, with more than 28% of workers currently employed in trade, transportation, utility, or manufacturing segments.
Don’t miss this chance to secure a modern warehouse facility with desirable features and an exceptional location at 1284 E Lincoln Street. Property tours are by appointment only. Please contact the DCR Commercial team to schedule a tour and learn more about this exciting offer.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
MARKET ANALYTICS Click Here to Access
$99,999
Asset Value
$99,999
12 Month Sales Volume
9.9%
Market Cap Rate
9.9%
Market Sale Price/SF Change (YOY)
Market Sale Price per SF
Inland Empire - CA USA
Market Cap Rate
Inland Empire - CA USA
Market Sale Price per SF by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Cap Rate by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Sale Price per SF Distribution
Market Cap Rate Distribution
PROPERTY FACTS
Sale Type | Investment |
Sale Condition | Auction Sale |
Type of Ownership | Fee Simple |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 7.13 AC |
Rentable Building Area | 57,272 SF |
No. Stories | 1 |
Year Built | 1982 |
Tenancy | Single |
Parking Ratio | 4.02/1,000 SF |
Clear Ceiling Height | 32’ |
No. Dock-High Doors/Loading | 1 |
No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Fenced Lot
- Security System
- Yard
- Storage Space
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This versatile industrial warehouse offers quality space for users or investors with desirable modern features and prime location off I-10. Well-equipped property has one dock door, 10'x14' & 17'x18' grade-level doors, 3-phase power, a wet sprinkler system, and a 3-acre gravel yard. Easily accessible from the 10 and 215 Freeways, as well as Routes 60 and 79, providing convenient connections across the metro area. Positioned near quality amenities, including the Desert Hills Premium Outlets, the Morongo Casino Resort & Spa, and many popular local restaurants.
Space | Size | Space Use | Condition | Available |
1st Floor | 57,272 SF | Industrial | Full Build-Out | Now |
1st Floor
Size |
57,272 SF |
Space Use |
Industrial |
Condition |
Full Build-Out |
Available |
Now |
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
PROPERTY TAXES
Parcel Number | 541-290-012 | Improvements Assessment | $3,750,000 |
Land Assessment | $3,000,000 | Total Assessment | $6,750,000 |
ZONING
Zoning Code | CM - Light Industrial (Commercial Manufacturing - Light Industrial) |