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SWC Ethanac Rd - Class A Industrial Development Opportunity

9.54 Acres of Industrial Land in Menifee, CA 92585

Investment Highlights

  • #1 Industrial Market: The Inland Empire is the top-ranked industrial submarket in the U.S., offering strong demand and investment stability.
  • Strategic Location: Situated off the I-215 & Ethanac Rd interchange, providing immediate freeway access.
  • Strong Workforce: Over 400,000 employees within a 5-mile radius, supporting a local labor pool.
  • 191,610 SF Class A Development: Prime Opportunity to develop a high-quality industrial space in a leading logistics hub.
  • Affluent Trade Area: Average household income of $120,625, indicating a robust economic base.
  • Rent Growth: Projected 5th in the nation for rent growth, enhancing investment future value.

Executive Summary

Cushman & Wakefield, Inc. is exclusively offering for sale the ETHANAC RD LOGISTICS CENTER (“The Site”), a prime ±9.54-acre parcel in Menifee, CA, with the potential to develop a ±200,000 SF Class A industrial building.
The property is strategically located less than half a mile (0.5 mi) from Interstate 215, providing immediate access to a regional workforce of 3.5 million people within 30 miles. The anticipated expansion of the ETHANAC ROAD EXPRESSWAY further enhances the site’s accessibility, making it an ideal location for logistics and distribution businesses seeking efficient transportation links.
As of 2024, the Inland Empire continues to dominate as the most active industrial market in the U.S. Despite recent softening demands across the nation, there continues to be a strong demand for industrial space in the Inland Empire region. The Ethanac Rd Logistics Center offers a rare opportunity to capitalize on the region's high demand for mid-sized industrial space.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Industrial Park
  • Research and Development
  • Truck Stop
  • Truck Terminal
  • Warehouse
Total Lot Size 9.54 AC
Cross Streets Evans Rd

1 Lot Available

Lot

Lot Size 9.54 AC

Description

A prime ±9.54-acre parcel in Menifee, CA, with the potential to develop a ±191,610 SF Class A industrial building. See attached site plans. Low Operating Cost Major Savings on Drayage Proximity To Airports & Ports Plenty of Available Labor Extensive Transportation Network Menifee, CA, is strategically positioned in the heart of the Inland Empire, a critical factor that makes it an ideal site for industrial and distribution activities. Its proximity to major highways, including I-215, I-15, and State Route 60, provides seamless access to Los Angeles and Long Beach ports, facilitating efficient transportation across Southern California, Nevada, and Arizona. The area features extensive industrial real estate, including modern warehouses and distribution centers. It also has significant rail access via Burlington Northern Santa Fe (BNSF) and Union Pacific railroads, establishing Menifee as a key logistics hub. The local labor market boasts a skilled workforce, complemented by various economic incentives from Menifee and Riverside County, that attract businesses looking to establish or expand their operations. The demand for distribution centers has experienced a significant surge, particularly with the rise of e-commerce. This trend has not gone unnoticed, attracting institutional developers who are actively investing in Menifee, supported by ongoing infrastructure projects such as the Ethanac Expressway, which will further enhance connectivity between I-15 and I-215. The industrial market in Menifee is characterized by robust demand, rising rental rates, and low vacancy rates, all of which point to a healthy and thriving market. These conditions have not gone unnoticed, attracting significant investment from developers and investors, thereby positioning Menifee as a vital player in the logistics and distribution sectors within the Inland Empire.

zoning

Zoning Code EDC-NG (Permitted Industrial Uses: Light industrial (R&D, tech centers, small-scale manufacturing), warehousing/logistics, adaptable flex spaces, and support.)
EDC-NG (Permitted Industrial Uses: Light industrial (R&D, tech centers, small-scale manufacturing), warehousing/logistics, adaptable flex spaces, and support.)
  • Listing ID: 33788738

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: SWC Ethanac Rd, Menifee, CA 92585

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