36,376 SF Warehouse for Rent in Riverside, CA

Warehouse Description

This warehouse property offers a spacious 15-acre site area with a 500,000 square foot building footprint and boasts a 30-foot clear to eaves height. Multiple dock-high loading doors and an ample truck court facilitate efficient loading and unloading, while the extensive paved lot provides ample parking for vehicles.

Inside, the open floor plan offers flexibility, while large column spacing allows for efficient storage and operations. A mezzanine level provides additional storage or office space. LED lighting, an HVAC system, and a sprinkler system ensure a controlled environment.

The warehouse features modern construction with high-quality materials, durable concrete floors, and an energy-efficient design. Three-phase electrical power, ample water and sewer capacity, and natural gas availability cater to various industrial needs.

Located adjacent to I-91 Freeway and situated in a well-maintained industrial park, the property offers accessibility to major highways and a skilled labor force. The leased investment currently offers a 4.43% cap rate, with a pro forma cap rate of 6.36% upon tenant lease expiration in December 2024.