This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Nine (9) Unit Multi-Tenant Industrial 27437 E 5th St

10,880 SF 100% Leased Industrial Building Highland, CA 92346 $2,100,000 ($193/SF) 6.57% Cap Rate

Investment Highlights

  • Value-Add Property, 100% Leased
  • Close Proximity to SR-210 Freeway Access
  • Within US EDA Redevelopment Area
  • High Visibility

Executive Summary

Nine (9), separately metered units.
Four (4) Tenants on M2M.
Two (2) Units available for lease.

Data Room Click Here to Access

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $176,256 $16.20
Other Income - -
Vacancy Loss - -
Effective Gross Income $176,256 $16.20
Taxes $29,185 $2.68
Operating Expenses $8,728 $0.80
Total Expenses $37,913 $3.48
Net Operating Income $138,343 $12.72

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $176,256
Annual Per SF $16.20
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $176,256
Annual Per SF $16.20
Taxes
Annual $29,185
Annual Per SF $2.68
Operating Expenses
Annual $8,728
Annual Per SF $0.80
Total Expenses
Annual $37,913
Annual Per SF $3.48
Net Operating Income
Annual $138,343
Annual Per SF $12.72

Property Facts In Escrow

Price $2,100,000
Price Per SF $193
Sale Type Investment
Cap Rate 6.57%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 0.69 AC
Rentable Building Area 10,880 SF
No. Stories 1
Year Built 1983
Parking Ratio 2.3/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 9

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Yard
  • Fluorescent Lighting

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Chepe's Body Shop (Unit 3,4,6)
  • Services
  • 3,627 SF
  • $1.27
  • Modified Gross
  • Apr 2026
  • Ray's Automotive Repair (Unit 1)
  • Services
  • 1,200 SF
  • $1.10
  • Modified Gross
  • -
  • SMOG Only (Unit 2)
  • Services
  • 1,209 SF
  • $1.09
  • Modified Gross
  • -
  • TSR Performance, LLC (Units 5,7,8,9)
  • Services
  • 4,800 SF
  • $1.00
  • Modified Gross
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Chepe's Body Shop (Unit 3,4,6) Services 3,627 SF $1.27 Modified Gross Apr 2026
Ray's Automotive Repair (Unit 1) Services 1,200 SF $1.10 Modified Gross -
SMOG Only (Unit 2) Services 1,209 SF $1.09 Modified Gross -
TSR Performance, LLC (Units 5,7,8,9) Services 4,800 SF $1.00 Modified Gross -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1201-311-20
Land Assessment
$122,379
Improvements Assessment
$548,996
Total Assessment
$671,375
Annual Taxes
$29,185 ($2.68/SF)
Tax Year
2024 Payable 2025

zoning

Zoning Code ED (BP) (City of Highland Employment District - Business Park)
ED (BP) (City of Highland Employment District - Business Park)
  • Listing ID: 32001884

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 27437 E 5th St, Highland, CA 92346

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}