43525 Ridge Park Dr
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43525 Ridge Park Dr
6,508 SF 80% Leased Office Building Temecula, CA 92590 $1,925,000 ($296/SF) 3.40% Cap Rate
Investment Highlights
- Prime Location
- Reliable Tenants
Executive Summary
Two story office building with 6805 Square Feet of rentable office space. With 1 unit delivered vacant and another possible unit vacant this summer, this office building is sure to be a great investment. Kept in great condition, reliable tenants, and great location, this building is ready for its new owner.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,508 SF
Building Class
B
Year Built
1991
Price
$1,925,000
Price Per SF
$296
Cap Rate
3.40%
NOI
$65,496
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,254 SF
Slab To Slab
12’
Building FAR
0.79
Lot Size
0.19 AC
Zoning
IP, Temecula - office
Parking
15 Spaces (2.3 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 940-330-004 | Improvements Assessment | $1,342,116 |
| Land Assessment | $723,078 | Total Assessment | $2,065,194 |
PROPERTY TAXES
Parcel Number
940-330-004
Land Assessment
$723,078
Improvements Assessment
$1,342,116
Total Assessment
$2,065,194
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43525 Ridge Park Dr
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