4140 Temescal Canyon RdCorona, CA 92883

Property Details for 4140 Temescal Canyon Rd

Year built

2019

Construction

TILT-UP CONCRETE

Lot size

0.99 AC

Property size (Sq ft)

153,541 SF

Property type

Office buildings

APN

279-460-054

APU

279460054

Description

Lakeshore Plaza in Riverside County offers 300,000 square feet of premium Class A office space across two buildings. This exceptional property features a six-story building with immediately available, built-out suites ranging from 1,181 to 26,236 contiguous square feet, and a four-story building offering highly efficient floorplates and shell space for customizable layouts. Currently, 70,256 square feet of space is vacant, with a minimum divisible space of 1,181 square feet. The property boasts a 4.5:1,000 square foot parking ratio and is situated within a vibrant, master-planned community, offering convenient access to a wide array of amenities including upscale dining, shopping, lodging, and recreational options. Tenants enjoy an open-air courtyard connecting the two buildings, providing a unique collaborative environment. State-of-the-art features include an advanced HVAC system, flexible telecommunications infrastructure, an on-site conference and event space, and a tenant lounge. The property's location provides access to a large and expanding labor pool, making it an ideal location for businesses of all sizes, from small firms to larger organizations with over 100 employees. The timeless design offers simplicity and class, creating a sophisticated and functional workspace. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $42,199,276

  6.5%

  $38,953,176

  7%

  $36,170,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,934,546

  Geo Method

  $54,041,824

• Alternative Use

  Use

  Valuation

  Residential

  $48,301,940

  Hospitality

  $44,244,316

  Educational

  $36,810,752

  Medical

  $38,076,732

  Retail

  $57,261,172

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.8192

Longitude

-117.51

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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