Description
Incredible opportunity for Investor or Owner User. High demand Warehouse/Industrial Building boasts 14,146 sq ft. Includes 18 ft clear height at the low point of the interior of the Warehouse. Clear span building. Permitted mezzanine space adds another 2,500 sf for workspace or storage. Comfortable executive office spaces include a private shower Previous use includes woodworking shop. Included in the sale is 339 Locust St, a 1020 Sq Ft Residence that has been tastefully updated and is ready to rent. Leasing the shop at 1.00 psf NNN, plus the rent of the home, puts an NOI around 193k, or a Pro Forma Cap Rate of just under 7.5%.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
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2,500SQFT
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$1,038$/SQFT
School Ratings & Info
Description
Incredible opportunity for Investor or Owner User. High demand Warehouse/Industrial Building boasts 14,146 sq ft. Includes 18 ft clear height at the low point of the interior of the Warehouse. Clear span building. Permitted mezzanine space adds another 2,500 sf for workspace or storage. Comfortable executive office spaces include a private shower Previous use includes woodworking shop. Included in the sale is 339 Locust St, a 1020 Sq Ft Residence that has been tastefully updated and is ready to rent. Leasing the shop at 1.00 psf NNN, plus the rent of the home, puts an NOI around 193k, or a Pro Forma Cap Rate of just under 7.5%.
© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-01-26T23:49:45.563. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate. Licensed in the State of California.
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Listing provided courtesy of Nick Torres of Sherman & Boone Realtors: 831-464-5018.