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17110 Jersey Ave

32,487 SF Industrial Building Artesia, CA 90701 $6,700,000 ($206/SF) 5.23% Cap Rate

Investment Highlights

  • NNN Leased Investment
  • Long Term Tenant

Executive Summary

NNN Leased Investment
Lease Term: 7/1/2022-6/30/2027 (Annual Increases based on CPI (Min. 2%-Max 5%)) - Next increase July 2025
(1) 7 year FMV option
Long Term Tenant
Sale Price: $6,700,000 ($206/sf)
5.23% CAP
NOI: $350,084.28
*Call broker regarding cell tower lease information
Call for more information. Please do not disturb tenant.

Property Facts

Price $6,700,000
Price Per SF $206
Sale Type Investment
Cap Rate 5.23%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 0.61 AC
Rentable Building Area 32,487 SF
No. Stories 2
Year Built/Renovated 1972/1992
Tenancy Single
Parking Ratio 1.86/1,000 SF
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Skylights
  • Air Conditioning

Utilities

  • Heating
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7035-022-057
Land Assessment
$584,396
Improvements Assessment
$1,575,882
Total Assessment
$2,160,278

zoning

Zoning Code ATM1*
ATM1*
  • Listing ID: 25547371

  • Date on Market: 4/25/2022

  • Last Updated:

  • Address: 17110 Jersey Ave, Artesia, CA 90701

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