Available For Sale - Industrial , Land , Warehouse

10,800 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
10,800 SF
Price/SF
Show Pricing $
Listing ID
SA522053
Notes
427-429 Industrial Way is a unique and rare opportunity to invest in multi-tenant industrial buildings and vacant land in Fallbrook, CA—sale/leaseback. The owner occupies 4,800 SF in the 429 building. Value add, no CAM charge, and month-to-month leases on the remaining 6,000 SF with below-market rent make this an ideal investment opportunity for any investor. The property consists of three parcels, including five suites totaling 6,600 square feet at 429 Industrial and four suites totaling 4,200 square feet at 427 Industrial. In addition, the property features a fenced yard area behind 429 suite E with approximately 1,150 square feet and fully fenced vacant land with power and water, perfect for any industrial or commercial use. Spanning across 53,071 square feet, with a total building size of 10,800 square feet and an additional 20,538 square feet of yard space, this property offers an annual gross income of $178,800 and has a current CAP rate of 4.75% and 6% Proforma. Don't miss your chance to own this one-of-a-kind industrial property in Fallbrook.
Uses
Industrial
Land
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
Erik Acheff, Property Brokerage Inc
BRE# 02208115