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1061 S Melrose St

16,150 SF Industrial Building Placentia, CA 92870 $6,250,000 ($387/SF) 5.76% Cap Rate

Investment Highlights

  • Owner/User of Investment
  • Opportunity Zone (Buyer to verify)
  • Lease Five Year NNN

Executive Summary

Broker believes this information is correct and not liable for information posted.
Data comes from the owner and other reliable sources.
* 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 (Pro forma - 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

Financial Summary (Pro forma - 2024) Click Here to Access

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

Property Facts

Price $6,250,000
Price Per SF $387
Sale Type Investment or Owner User
Cap Rate 5.76%
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 FT
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

PROPERTY TAXES

Parcel Number
344-271-22
Land Assessment
$1,224,641 (2023)
Improvements Assessment
$1,714,379 (2023)
Total Assessment
$2,939,020 (2023)

zoning

Zoning Code M1
M1
  • Listing ID: 33910605

  • Date on Market: 11/18/2024

  • Last Updated:

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

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