Listed by Lee & Associates - Riverside, Lee & Associates - Temecula Valley
$5,445,000
Madison Commerce Center
Details
APN 610-020-027
Property Type Office, Industrial
Sub Type Flex
Square Footage 23,617
Net Rentable (SqFt) 23,617
Units 5
Cap Rate 6.25%
NOI $340,546
Occupancy 100%
Tenancy Multi
Price per SqFt $231
Class A
Year Built 2007
Buildings 1
Acreage 1.870
Zoning Industrial Park
Parking Spaces 3.20 per 1,000 sq ft
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
Ceiling Height 19
Ownership Fee Simple
Industrial FLEX | 6.25% CAP | 23,617 SqFt
Marketing description
Madison Commerce Center is a premier quality investment property located at 81-077 Indio Blvd in Indio, CA. This 23,617 SF building on 1.87 acres offers an excellent investment opportunity with 100% occupancy, including 41% government tenants. The property features gated secure parking, new paint, new HVAC systems, and is situated in a strong local market with superior location and visibility. Built in 2007, the property is debt-free and clear, with strong long-term leases in place.
Investment highlights
- Premier Quality Investment Property
- 100% Leased, 41% to Government Tenants
- Excellent Condition, New Parking & HVAC
- Superior Location & Visibility
- Strong Long Term Leases
- GL Doors to 4.
Listing Contacts
Listed by Lee & Associates - Riverside, Lee & Associates - Temecula Valley
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$340,546.00
$28,378.83/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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