Listed by Dalrymple Commercial
$910,000
Eastline warehouse/shop space
Details
APN 016-11558-004
Property Type Industrial
Sub Type Flex, Manufacturing
Square Footage 18,750
Net Rentable (SqFt) 18,750
Units 8
Cap Rate 7.45%
NOI $67,830
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 10.42%
Pro-Forma NOI $94,830
Price per SqFt $49
Class C
Year Built 1995
Buildings 2
Stories 1
Lot Size (SqFt) 1.34
Zoning U-T
Investment Type Owner/User
Tenant Credit No Credit Rating
Warehouse shop with rental income
Marketing description
Exciting opportunity to own an established building in one of the fastest growing sectors of Commercial Real Estate. This property sitting on 1.34 +/- acres of 67/167 frontage contains 2 metal buildings with 8 tenants. The tenant mix consists of a lawn care business, contractors, mechanics and personal shop space. With strong occupancy history and local comparables supporting higher rents, this property offers a good value-add or owner-user opportunity.
Listing Contacts
Listed by Dalrymple Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,830.00
$5,652.50/mo
Valuation Metrics
0
DSCR
7.45%
Cap Rate
7.45%
ROI
Map
Zoning
U-T SpecialUrban Transitional
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