Listed by CHROME Properties
Unpriced
Approved for 19,000 SF, 30' ceilings + $132,000 yr. income!
Details
APN 392800-020-004-0011-008-000-0000
Property Type Industrial, Land
Sub Type Industrial, Manufacturing
Net Rentable (SqFt) 27,000
Tenancy Multi
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2035
Remaining Term 10.5
Rent Bumps Yes
Lease Options two 5-year
Pro-Forma Cap Rate 7.00%
Broker Co-Op Yes
Class A
Buildings 2
Stories 1
Acreage 2.000
Zoning Industrial, Warehouse, Light Manufacturing
Investment Type Redevelopment
Tenant Credit Credit Rated
Occupancy Date 08/01/2025
Ceiling Height 30
Redevelopment opportunity
Marketing description
Build 19,000 SF with 30’ Ceilings on 2 acres.
Approved Plans and Shovel Ready
Flat, cleared, with all engineering and utilities in place.
Zoned Industrial (as of right)
UPSIDE BONUS INCOME:
$130,000 annual income from exisitng tenant
There is an existing single tenant who is a manufacturer and occupies an additional 8,000 SF building giving you income from a long term lease, and a total of 27,000 SF Building.
Can be completely built-out and turnkey for an additional negotiated price.
Investment highlights
Shovel ready
Site Plans Approved for 19,000 SF in addition to 8,000 SF existing structure.
Total completion will be 27,000 SF
30 ‘ Ceilings
2 Acres
Immediate $130,000 annual income during build out and continues with 10 year Single tenant lease….
Upside of $1,300,000 + income from 10 year lease.
Municipal Water and Sewer in place
All Utilities in place, minimal build out costs
land is level, cleared, and easily accessible.
Construcion can begin after closing and can be provided for an additional negotiated price
Listing Contacts
Listed by CHROME Properties
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