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Available For Sale - Industrial , Warehouse

45,000 SF | Show Pricing $

AVAILABILITY DETAILS

Size
45,000 SF
Price/SF
Show Pricing $
Listing ID
SA379759
Notes
45,000 sq ft, single tenant, net-leased industrial building. Approx. 50/50 office & warehouse. Masonry construction. Depressed, external delivery dock. CMC Electronics, the tenant since 2004, is a wholly owned subsidiary of TransDigm, a $5 billion, publicly traded, aerospace and defense company.



CMC has two primary operating business units: Avionics Products, and Cockpit System Integration, with both commercial and military sales. The tenant most recently renewed its lease for 3 years, into June 2023. Net rent effective June 2020 is $25,950/mo ($6.92/sf). In 2017, the tenant spent $300,000 on upgraded interior finishes. 2018 Taxes: $64,694.



Landlord only responsible for exterior repairs (ie. roof & parking lot) with an estimated average of $3,300/year. In 2018, the landlord spent $250,000 on capital improvements, including a new roof, and new HVAC systems. A new parking lot was installed in 2013.
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Neil Johnson, SVN | Landmark Commercial Real Estate
BRE# 471.012919