Available For Sale - Industrial , Warehouse

18,703 SF | Show Pricing $

LISTED BY

Krishna Shegran
Daum Commercial, 949-341-4512
Michael Chase
Daum Commercial, 949-341-4513
Joseph Harmon
Daum Commercial, 562-695-7244

AVAILABILITY DETAILS

Size
18,703 SF
Price/SF
Show Pricing $
Listing ID
SA537354
Notes
THE OFFERING|19449 E. Walnut Dr. S., & 1165 Wright Way, City of Industry is a multi-tenant industrial building that sits on a ±42,484 sq ft parcel.|This property consists of 3 separate units:|19449 E. Walnut Dr. S. which is approximately 7,190 sq ft,|1165 Wright Way #A which is approximately 6,398 sq ft, and|1165 Wright Way #B, which is approximately 5,115 sq ft, totaling ±18,703 sq ft building area.|This property has a total of four (4) Ground Level Doors, a Ceiling Height of 19' and 37 parking spaces altogether.|This property is conveniently located in City of Industry with freeway frontage on the 60 Freeway.|Investment Highlights|INVESTMENT HIGHLIGHTS|+ 100% leased NNN Industrial Building|+ Contractual annual lease bumps of 4% - 5%|+ Multi-tenant rent roll offers diversity of cash fl ow|+ Sherwin-Williams - National Credit|+ Desirable location with 60 Freeway frontage|+ Exceptionally strong fundamentals - 2.7% overall vacancy and no|new construction in pipeline for units this size|+ Low-finish (5% to 10% office), single story industrial units each|with exclusive loading|+ Prime East City of Industry location with historically low vacancy|and high rent growth metrics|OFFERING ATTRIBUTES| Freeway Frontage and corner frontage (Wright Way and E. Walnut Drive S.)| Annual bumps at 4% and 5%| Potential to add fenced yard and exterior dock| City of Industry| Diversity of income (3 tenants, 1 with national credit)| Inflation protection (NNN leases)
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Krishna Shegran, Daum Commercial