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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Auction On March 10 - 12, 2025
17 DAYS d
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23 HRS h
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44 MIN m
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Auction Starts
480 HRS h
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44 MIN m
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Auction Ends
Finalizing
$2,000,000
Starting Bid
--
Current Bid
$500,000
Bid Increment
$2,000,000
Next Bid
Status
Reserve Not Met
In Progress
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$2,000,000
Starting Bid
$500,000
Bid Increment
$2,000,000
Next Bid
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In Progress
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Virtual Tour

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

DCR Commercial is pleased to invite industrial users and investors to discover an exceptional warehouse facility with prime placement just off Interstate 10 at 1284 E Lincoln Street in Banning, California. This versatile property will be delivered vacant, allowing a new owner to quickly scale into the space or initiate a new leasing strategy.

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

MARKET ANALYTICS Click Here to Access

$99,999

Asset Value

$99,999

12 Month Sales Volume

12 Month Sales Volume
Total
Lowest
Highest
Transactions
999
-
-
Sales Volume
$99,999
$99,999
$99,999
Properties Sold
999
-
-
Transacted SF
999
999
999
Average SF
999
999
999

9.9%

Market Cap Rate

9.9%

Market Sale Price/SF Change (YOY)

12 Month Sales Price
Average
Lowest
Highest
Market
Cap Rate
9.9%
9.9%
9.9%
9.9%
Sale Price/SF
$99,999
$99,999
$99,999
$99,999
Sale Price
$99,999
$99,999
-
-
Sale vs Asking Price
-9.9%
-9.9%
-9.9%
-
% Leased at Sale
9.9%
9.9%
9.9%
-

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
  • 1st Floor
  • 57,272 SF
  • Industrial
  • Full Build-Out
  • Now

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

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
San Diego
1,425,976
93
1 h 54 m
Los Angeles
3,990,456
94
1 h 53 m
Las Vegas
644,644
262
4 h 51 m
Phoenix
1,660,272
293
5 h 15 m
San Jose
1,030,119
418
7 h 54 m
San Francisco
883,305
465
8 h 39 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
95,967
Total Labor Force
42,341
Unemployment Rate
4.74%
Median Household Income
$72,190
Warehouse Employees
5,314
High School Education Or Higher
86.70%

PROPERTY TAXES

ZONING

Zoning Code CM - Light Industrial (Commercial Manufacturing - Light Industrial)

ABOUT THE AUCTION PLATFORM

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT

Derek Rudd
Auctioneer License: Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
  • Listing ID: 34445924

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: 1284 E Lincoln St, Banning, CA 92220