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1249 E Ridgecrest Blvd 1249 E Ridgecrest Blvd

10,780 SF 100% Leased Office Building Ridgecrest, CA 93555 $850,000 ($79/SF)

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Executive Summary

This is a fantastic opportunity for investors with a long-term tenant in place. The current lease with Alutiiq runs until 2027, with the following rental schedule: $7,175.00 for 2024, $7,390.00 for 2025, $7,610.00 for 2026, and $7,840.00 for the final year. The tenant has also purchased and paved the adjacent land for their vehicles and fenced it. They are unable to commit to a new lease until their contract with Naws China Lake is up in 2027. This location is ideal for the contract, and the tenant has been here for over 20 years. Additionally, there is approximately 2,700 sq. ft. of office space available for rent now. Don't miss out on this exceptional investment opportunity!