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Available For Sale - Industrial , Warehouse

744,878 SF

AVAILABILITY DETAILS

Size
744,878 SF
Price/SF
N/A - Contact for Info
Listing ID
SA384023
Notes
Value Add Investment and Development Opportunity

100% leased investment

Two buildings totaling 309,278 SF on 29.25 acres

Asking Price: $TBD

NOI - $1,123,494

Property Description:

3407 N. PERRIS BLVD. PERRIS, CA 92571

RSF: 152,510

Tenant: Avalon Shutters, Inc.

Commencement: December 9, 2013

Expiration: December 8, 2023

Rent: Current rent is $52,538 Modified Gross. Annual increases, with two (2) five (5) year options to renew at market. Increases over 2014 Base Year Expenses.

3411 N. PERRIS BLVD. PERRIS, CA 92571

RSF: 156,768

Tenant: Pacific Coachworks, Inc.

Commencement: January 1, 2015

Expiration: December 31, 2020

Rent: Current rent is $37,000 NNN. One (1) five (5) year option to renew at market

10 ACRES OF EXCESS LAND

RSF: 10 Acres

Tenant: Elite Modular Leasing

Commencement: March 1, 2018

Expiration: February 28, 2021

Rent: Current rent is $7,850 Industrial Gross. One (1) three (3) year option to extend at $8,350, $8,850 and $9,350 per month
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
Allen Buchanan, Lee & Associates