Industrial Properties in Menifee, California, offer a unique investment opportunity for those looking to capitalize on the city's rapid growth and strategic location. As one of the fastest-growing cities in California and the U.S., Menifee provides an attractive environment for businesses to thrive. Industrial Properties in Menifee can represent a range of investments, from manufacturing and logistics facilities to research and development centers. With its proximity to major transportation hubs, including Interstate 215 and Newport Road/Dominegoni Parkway, Menifee offers easy access to key markets and a skilled workforce. The city's amenities, such as the 84-bed Menifee Global Medical Center, 38 parks, and the Menifee Valley Campus of Mt. San Jacinto College, make it an attractive location for businesses and residents alike. Additionally, Menifee's geography, with its mild winters and hot, dry summers, makes it an ideal location for industries that require specific climate conditions. With companies like Menifee Valley Medical Center, Temecula Valley Hospital, and Mt. San Jacinto College already established in the area, Menifee is a great place for business and travel, with attractions like the 6-acre Action Sports Park and the scenic Menifee Hills.
Menifee, California, is home to 2 Industrial Properties for sale, offering a range of options for investors. In addition to Industrial Properties, Menifee also features Warehouses, such as those along Interstate 215, which provide ample space for storage and distribution. The city's Land options, including parcels along Newport Road, offer opportunities for development and growth. Apartment Buildings, like those in the Sun City neighborhood, provide a range of residential options, while Commercial Real Estate, such as office spaces along McCall Boulevard, cater to the city's growing business community. With its strong infrastructure, including the Eastern Municipal Water District and the Menifee Police Department, Menifee is an attractive location for businesses and residents alike. Overall, Menifee's unique combination of amenities, infrastructure, and location make it an ideal place to invest in Industrial Properties, with an average price per square foot of $329 USD and an average size of 6,559 square feet.
What is the average price per square foot for industrial properties in Menifee?
The average price per square foot for industrial properties in Menifee is $329 USD, with 2 available listings, ranging in size from 6,559 square feet to 9,918 square feet, and an average cap rate of 4.78%.
How do location and transportation access affect industrial property values?
In Menifee, California, the location and transportation access of industrial properties significantly impact their values, with proximity to major transportation hubs, such as Interstate 215 and Newport Road/Dominegoni Parkway, increasing property values due to improved accessibility and connectivity to surrounding cities and markets.
- Industrial properties located near these transportation corridors tend to have higher values due to the ease of transporting goods and supplies, as well as the ability to attract a larger workforce from surrounding areas.
- In addition, properties with easy access to Metrolink's 91/Perris Valley Line, which connects Menifee to other major cities in Southern California, may also command higher values due to the increased connectivity and accessibility they offer.
Currently, there are 2 industrial properties for sale in Menifee, with an average price per square foot of $329 USD and an average size of 6,559 square feet, ranging up to 9,918 square feet, and an average cap rate of 4.78%.
