City of Murrieta Innovation Zone Opportunities

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0.7%Industrial VacancyRate BusinessFriendly $136,406Avg. HomeIncome ~10mSFUndeveloped LandAvailable I-15I-215Access Over60,000in LaborForce

Industrial Zone Madison Corridor

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Civic/Institutional

Murrieta has over 5+ million sqft of business park space occupied at this moment. The current opportunity represents approximately 10 million sqft of innovation and business park space

Located along the Jefferson-Madison corridor within the city, over 220 acres of land will be available for future development

Investment

The City of Murrieta is investing over $11 million dollars to bring needed infrastructure to the site which will act as a catalyst for new business by creating greater access to electricity, sewer and water.

Recruitment and Vacancy

The City of Murrieta is a highly desirable market with an educated workforce, direct access to both the I-15 and I-215 freeways and close proximity to the L.A./Orange county and San Diego Markets.

Current Office / Business Park / Industrial Vacancy rates are less than 1% with average rents of $1.26 per square foot

About Murrieta

With a daytime population of over 110,000, Murrieta has the largest population in Southwest Riverside County filled with a vibrant, educated workforce. We are a "full service" city with our own Police and Fire Departments.

We are promoting a “Work Local” environment through partnership with Riverside County Workforce Development, Murrieta-Wildomar Chamber of Commerce, as well as several State of California agencies to create opportunities, support our community, and attract new vibrant businesses to Murrieta

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LET'S CONNECT Economic Development Director Scott Agajanian James Wurtz Donovan Miller Rachel Guerrero Email SAgajanian@MurrietaCA.gov JWurtz@MurrietaCA.gov DMiller@MurrietaCA.gov RGuerrero@MurrietaCA.gov Phone (951) 461-6003 Website www.Murrietaca.gov/econdev Address 1 Town Square, Murrieta, CA 92562 A Team That Never Gives Up

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