For Sale Lot / Land MLS# PW26172269

1980 Goetz Road

Perris, CA 92570

$3,162,456

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About 1980 Goetz Road

Income-producing industrial yard with an actual cap rate of 7.02 percent. Fully leased single-tenant NNN investment on approximately 2.43 acres (105,851 square feet of leased site area; no building square footage is represented). The executed 10-year lease commenced March 1, 2026 and expires February 28, 2036. Base rent begins September 1, 2026 at $18,500 per month after the initial six-month abatement, steps to $19,500 per month in Year 2, then increases 3 percent annually beginning in 2028. Level, rough-graded, fenced and gated yard with block-wall perimeter, water and electrical service, and office/support improvements. GI zoning supports industrial, trucking, storage, warehousing and manufacturing uses, subject to governmental approvals. Tenant use includes collection and processing of nonhazardous goods, including cement and concrete recycling. Sale is subject to the existing lease and tenant purchase rights. Buyer to verify all information and review the executed lease and addenda.

Property details

Property

Type
Unimproved Land
MLS type
Land/Property
Status
Active
Year built
1991
Living area
105,851 sqft
Price / sqft
$30
Lot
2.43
Original price
$3,162,456
MLS #
PW26172269

Exterior & lot

Lot
GI, Level, Industrial, Investment, Storage
Fence
Block, Security

Schools

District
Perris Elementary School District

Financial

Parcel
330040034
Special conditions
Standard

Location

Area
SRCAR - Southwest Riverside County
County
Riverside
Neighborhood
Perris Valley Airport
Directions
Goetz Rd at Malbert St.

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Listed by Chad Nasir, eXp Realty of California Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.