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36450 Inland Valley DrWildomar, CA 92595

Medical office building, high occupancy, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 56,799 square foot medical office building in Wildomar, CA, presents a compelling investment opportunity. Situated at 36450 Inland Valley Dr, 92595, this two-story, single-building property boasts 95% occupancy and 249 parking spaces. Built in 1994, it benefits from a prime location adjacent to Inland Valley Medical Center and five miles from Rancho Springs Medical Center, both part of the Southwest Healthcare System. This strategic location within the Inland Empire's thriving medical hub provides access to a robust healthcare system serving over 30,000 patients annually at Inland Valley Medical Center alone, which includes the region's only Trauma Center. Rancho Springs Medical Center features the largest childbirth center in Southwest Riverside County. The property's accessibility via the I-15 and I-215 freeway interchange further enhances its appeal. The surrounding area demonstrates strong demographics, with over 133,000 people within a 5-mile radius and an average household income exceeding $133,036. The Inland Empire's robust economy, experiencing significant growth for nine consecutive years, offers sustained market fundamentals. Recent data indicates 4% year-over-year rent growth in Q4 2023, with the lowest vacancy rate in Southern California at 8.8%. Limited new construction further strengthens the market outlook. The building offers owner-user flexibility with approximately 50,748 square feet potentially available upon lease expiration in 2026. Currently, the property generates a strong in-place income stream, with the potential to increase revenue by leasing the remaining vacant 2,915 square feet. This institutional-quality asset represents a rare opportunity in a high-demand market.

Highlights

  • 56,799 SF medical office building in Wildomar, CA, offering strong investment potential.
  • 95% occupancy with 249 parking spaces; owner-user flexibility with ~50,748 SF available in 2026.
  • Strong in-place income stream, with potential for further revenue growth by leasing the remaining 2,915 SF of vacant space.
  • Prime location adjacent to Inland Valley Medical Center and five miles from Rancho Springs Medical Center.
  • Institutional-quality asset in a high-demand market with robust demographics and low vacancy rates.

Property Details for 36450 Inland Valley Dr

Property type
Office properties, Medical offices
Square Feet
56,799 SF
Year Built
1994
Buildings
1
Stories
2

Location Insight

City
Wildomar
County
Riverside
State
California
Latitude
33.5911589
Longitude
-117.2362844
36450 Inland Valley Dr, Wildomar, California

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36450 Inland Valley Dr
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