72104 Corporate Way
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
thank you
Your email has been sent!
72104 Corporate Way
11,650 SF Industrial Building Thousand Palms, CA 92276 $2,295,000 ($197/SF) 6.02% Cap Rate
Investment Highlights
- Located in the Valley Metroplex Business Park of Thousand Palms Ca
- Site offers easy access to the entire Coachella Valley via Interstate 10 freeway
Executive Summary
This approximate 11,650 sf single tenant building features a showroom/reception area, (4) private offices, large bullpen area, open work area, kitchenette, and (2) restrooms. The warehouse features (6) insulated panel doors, an approximate 18' clear height, 400 amp 3 phase IID electricity, and there is a secured yard associated with the building. The interior finish to the office space has been fully remodeled and upgraded throughout.
The existing tenant executed a 6 year, single tenant NNN lease in August 2023. The current CAP Rate is 6.02% (5% vacancy factor).
The existing tenant executed a 6 year, single tenant NNN lease in August 2023. The current CAP Rate is 6.02% (5% vacancy factor).
Property Facts In Escrow
| Price | $2,295,000 | Rentable Building Area | 11,650 SF |
| Price Per SF | $197 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1991 |
| Cap Rate | 6.02% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.15/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18 FT |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 0.69 AC |
| Price | $2,295,000 |
| Price Per SF | $197 |
| Sale Type | Investment NNN |
| Cap Rate | 6.02% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.69 AC |
| Rentable Building Area | 11,650 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Tenancy | Single |
| Parking Ratio | 2.15/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Fenced Lot
- Property Manager on Site
- Skylights
1 of 1
PROPERTY TAXES
| Parcel Number | 650-080-017 | Improvements Assessment | $795,321 |
| Land Assessment | $294,560 | Total Assessment | $1,089,881 |
PROPERTY TAXES
Parcel Number
650-080-017
Land Assessment
$294,560
Improvements Assessment
$795,321
Total Assessment
$1,089,881
zoning
| Zoning Code | M-S-C, Riverside |
| M-S-C, Riverside |
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
72104 Corporate Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.