Description
The offering consists of one legal parcel totaling approximately 4.34 acres of land located at the southwest corner of Ethanac Road and Hull Street at the northern border of the city of Menifee. The property is entirely flat, has +/- 630 feet of frontage on Ethanac Road, and has access to public water and sewer located in Ethanac Road per the Eastern Municipal Water District. The surrounding area has multiple proposed and incoming industrial developments south of Ethanac Road (see page 3), as well as various residential projects on the north side of Ethanac Road. Finally, the property is approximately 3,500 feet west of the I-215 interchange at Ethanac Road. The property is located within the Northern Gateway Economic Development Corridor which is one of four that have been designated by the city of Menifee. This EDC consists of a total of 594 acres, most of which is along Ethanac Road starting at the I-215 extending west to Goetz Road. The preferred mix of land use in this corridor is 90% industrial, 5% commercial, and 5% residential.