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Premium Leased Investment-Corydon PKG 2 Industrial Condos Offered at $1,753,609 CAD in Lake Elsinore, CA
Investment Highlights
- With 100% climate control, the facilities ensure year-round efficiency and operational stability.
- Net Leased Advantage with minimal landlord responsibilities offers a stress-free investment structure.
- Stable & Recession-Resistant tenant with established operating history provides reliable income security.
Executive Summary
Exceptional Industrial Leased Investment Opportunity
Tobias Commercial proudly presents these premium industrial warehouse properties as a leased investment. 31881 #150 features a thoughtfully designed ground-level retail area, spacious warehouse and a second-level mezzanine featuring two private offices while 31877 Corydon #120 features a reception area, private office, and spacious warehouse with mezzanine storage area.
Property Highlights:
• (#150) A well-designed first-floor retail space provides excellent visibility and accessibility, perfect for customer-facing operations and attached to a spacious warehouse. The second-level mezzanine includes two private offices, ideal for administrative functions or executive workspaces.
• (#120) Designed for efficiency and adaptability, this unit features a spacious open floor plan, a large rear loading area ideal for seamless logistics and operations.
• Modern & Durable Construction: Built in 2005, the concrete tilt-up design offers both longevity and aesthetic appeal.
• Premium Location: Strategically positioned within the sought-after Alesco Blue Lake Development these properties enjoy prime positioning near the busy intersection of Mission Trail Road and Corydon Road in Southwest Lake Elsinore. Convenient access via Interstate 15’s Bundy Canyon or Railroad Canyon Exits maximizes ease of transportation.
• Proximity to Regional Attractions: Located adjacent to Lake Elsinore Motorsports Park and Lake Elsinore Skydiving Facility, benefiting from high traffic and local business activity.
• High-Capacity Infrastructure: Equipped with robust 3-phase (4-wire) electrical service to support diverse industrial, retail, and business needs.
• Optimized Work Environment: Skylights provide ample natural light, while 100% climate control ensures operational efficiency and comfort throughout the facilities.
Investment Features:
• Net-Leased Stability: A recession-resistant tenant with a strong operating history ensures reliable income with minimal landlord responsibilities.
• Versatile Income Potential: The combination of industrial warehouse, retail frontage, and office space enhances revenue opportunities.
• Ideal for 1031 Exchange: A prime investment opportunity for tax-deferred reinvestment.
Note: Tenant privacy is strictly enforced. Property viewings are by appointment only, please do not disturb the tenants.
This exceptional offering seamlessly blends functionality, location, and investment strength providing a premier opportunity for investors seeking long-term value in today’s industrial real estate market.
Tobias Commercial proudly presents these premium industrial warehouse properties as a leased investment. 31881 #150 features a thoughtfully designed ground-level retail area, spacious warehouse and a second-level mezzanine featuring two private offices while 31877 Corydon #120 features a reception area, private office, and spacious warehouse with mezzanine storage area.
Property Highlights:
• (#150) A well-designed first-floor retail space provides excellent visibility and accessibility, perfect for customer-facing operations and attached to a spacious warehouse. The second-level mezzanine includes two private offices, ideal for administrative functions or executive workspaces.
• (#120) Designed for efficiency and adaptability, this unit features a spacious open floor plan, a large rear loading area ideal for seamless logistics and operations.
• Modern & Durable Construction: Built in 2005, the concrete tilt-up design offers both longevity and aesthetic appeal.
• Premium Location: Strategically positioned within the sought-after Alesco Blue Lake Development these properties enjoy prime positioning near the busy intersection of Mission Trail Road and Corydon Road in Southwest Lake Elsinore. Convenient access via Interstate 15’s Bundy Canyon or Railroad Canyon Exits maximizes ease of transportation.
• Proximity to Regional Attractions: Located adjacent to Lake Elsinore Motorsports Park and Lake Elsinore Skydiving Facility, benefiting from high traffic and local business activity.
• High-Capacity Infrastructure: Equipped with robust 3-phase (4-wire) electrical service to support diverse industrial, retail, and business needs.
• Optimized Work Environment: Skylights provide ample natural light, while 100% climate control ensures operational efficiency and comfort throughout the facilities.
Investment Features:
• Net-Leased Stability: A recession-resistant tenant with a strong operating history ensures reliable income with minimal landlord responsibilities.
• Versatile Income Potential: The combination of industrial warehouse, retail frontage, and office space enhances revenue opportunities.
• Ideal for 1031 Exchange: A prime investment opportunity for tax-deferred reinvestment.
Note: Tenant privacy is strictly enforced. Property viewings are by appointment only, please do not disturb the tenants.
This exceptional offering seamlessly blends functionality, location, and investment strength providing a premier opportunity for investors seeking long-term value in today’s industrial real estate market.
Property Facts
| Price | $1,753,609 CAD | Status | Active |
| Price / SF | $364.58 CAD / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 7.46% | Total Building Size | 4,810 SF |
| Sale Type | Investment NNN |
| Price | $1,753,609 CAD |
| Price / SF | $364.58 CAD / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 7.46% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,810 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 31881 Corydon Rd, 1st Floor - Unit 150, Lake Elsinore, CA 92530 | Industrial Condo | 2,740 SF | 2006 | - |
| 31877 Corydon Rd, 1st Floor - Unit 120, Lake Elsinore, CA 92530 | Industrial Condo | 2,070 SF | 2005 | - |
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