Listed by DAUM Commercial Real Estate Newport Beach
Unpriced
261-271 Gemini Ave
Details
Property Type Industrial
Sub Type Warehouse, Commercial
Square Footage 10,242
Units 2
Tenancy Single
Lease Type NNN
Lot Size (SqFt) 22,465
Zoning M2
Investment Type Net Lease
Rent Commencement 09/30/2022
Ceiling Height 15’-16’
Loading Docks 4
Industrial | 10,242 SqFt
Investment highlights
- 10,242 Square Foot Industrial Building
- Long-Term Lease In Place
- Divisible into 2 Units
- Four (4) Ground Level Loading Doors
- Highly Improved Building w/ HVAC in Warehouse
- 400 Amps of Power (verify)
- 15’-16’ Warehouse Clearance Height
- Recently Renovated
- Concrete Tilt-Up Construction
- Possible Fenced Yard (verify)
- ±22,465 SF Parcel
- M2 Zoning
- Convenient Access to 57 Freeway
- Expandable to ±20,484 SF (Adjacent Building at 241-251 Gemini is For Sale)
- Lease Type: Standard AIR Industrial/Commercial
- Single-Tenant Lease- NNN
- Commencement Date: 10/1/2022
- Expiration Date: 9/30/2032
- Current Base Rent: $14,401
- Annual Increases: 4%
- Security Deposit: $20,000
- Options To Extend: None
- Options to Purchase: None
Listing Contacts
Listed by DAUM Commercial Real Estate Newport Beach
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