1.6 Million SF Industrial Property Appraisal
We recently had the honor of being chosen to be the commercial appraiser for one of the largest industrial buildings in Southern California. The subject is specifically located in Perris in Riverside County. This single-tenant distribution warehouse was built in 2007 and contains 1,686,590 square feet and is siutauted on 83.52 acres. The building is leased to national credit tenant on a long-term lease. The property features 30′ clear heights, 1% office finish and 284 truck loading doors. Quality and condition of the improvements are rated average to good. This commercial appraisal was conducted for a national financial institution.