Small industrial property is one of the most sought after property types in South Orange County, and it rarely changes hands. When researching sale comps, we found only one single-story industrial property under 5,000 sq. ft. that was sold in Lake Forest in the past 3 years. This isn’t for lack of demand, but because owners aren’t letting go.
The demand for smaller industrial space is strong. In 2024, three multi-tenant industrial buildings on Alcalde Drive in nearby Laguna Hills were converted into individually owned small industrial condos. The condos were all sold within a year.
Now is your chance to own a small industrial property in Lake Forest. WynneCRE is proud to present a 3,060 sq. ft. industrial unit for sale, featuring natural lighting, with a private office, two restrooms, a shower, and an approximate 460 sq. ft. permitted upstairs mezzanine. Details and the virtual tour are available at wynnecre.com/26244-enterprise-ct. Please contact Jim Wynne to tour; do not disturb the occupant.
When this property is sold, WynneCRE expects the achieved price to set a new benchmark comp for <5,000 sq. ft. industrial property in Lake Forest. In fact, since the last comparable sale in Lake Forest/Foothill Ranch was a 2,244 sf unit in 2023, this new deal will be the most relevant comp for small industrial owners in the area.
2,600 sq. ft. industrial unit with 460 sq. ft. mezzanine in Lake Forest
