1061 S Melrose St

16,150 SF Industrial Building Placentia, CA 92870 $5,652,500 ($350/SF) 6.37% Cap Rate

INVESTMENT HIGHLIGHTS

  • Owner/User or Investment Opportunity
  • Opportunity Zone (Buyer to verify)
  • $ 350/sf
  • Lease Five Year NNN, 3% Annual Bump
  • 6.35+ Cap Rate

EXECUTIVE SUMMARY

Broker believes this information is correct and not liable for information posted.
Data comes from the owner and other reliable sources.
Call for Offers!!
* Buyer must confirm and verify Opportunity Zone status and benefits.
* Reported property revenue and expenses are calculated by seller.
* Single Tenant
* Lease is NNN, Five Year
* Tenant would vacate if property needed as owner user.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $5,652,500
Price Per SF $350
Sale Type Investment or Owner User
Cap Rate 6.37%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class C
Lot Size 0.79 AC
Rentable Building Area 16,150 SF
No. Stories 1
Year Built/Renovated 1974/2007
Tenancy Single
Parking Ratio 2/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes

AMENITIES

  • 24 Hour Access
  • Signage
  • Skylights
  • Reception
  • Recessed Lighting
  • Air Conditioning

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

ZONING

Zoning Code M1
  • Listing ID: 33910605

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 1061 S Melrose St, Placentia, CA 92870