This Industrial Property is no longer advertised on LoopNet.com.

45600 Citrus Ave
Indio, CA 92201

Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Strong National Tenant H&E Equipment Services (HEES) is traded on the NASDAQ; and is one of the largest integrated equipment services companies in US
  • Long-Term NNN Lease -5-year NNN lease commencing 7/1/2022 with 3.0% annual increases followed by three successive option periods of 5 years.
  • Recent Improvements – H&E is slated to invest upwards of $500,000 for improvements into the space.
  • Capitalization Rate – Year 1 Capitalization Rate 5.10%. Average Term Capitalization Rate 5.42%.
  • SoCal Location – 120 miles east of Los Angeles, Indio is centrally located with major north/south & east/west rail, road and air networks.

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.00 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built 2000
Tenancy Single
Parking Ratio 1.75/1,000 SF
Clear Ceiling Height 28’
No. Drive In / Grade-Level Doors 3

AMENITIES

  • Cooler
  • Fenced Lot

PROPERTY TAXES

ZONING

Zoning Code M (Light Industrial)
  • Listing ID: 25801251

  • Date on Market: 5/27/2022

  • Last Updated:

  • Address: 45600 Citrus Ave, Indio, CA 92201