INDIO INDUSTRIAL BUILDING FOR SALE

Industrial for Sale
Catylist Listing ID: 30539012
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 18,354 SF
Gross Building Area: See Agent
Gross Land Area: 34,212 SF
Sale Price: $2,550,000 - 2,750,000
Unit Price: $138.93 - 149.83 PSF
Ceiling: 18 ft. Clear
Docks/Doors: 5 Doors
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 60
Last Updated: 12/4/2019

Overview / Comments

THIS PROPERTY IS COMPOSED OF 2- CTU STRUCTURES AS FOLLOWS:
45900 COMMERCE ST - 10,400 SQUARE FEET.
45920 COMMERCE ST - 7,954 SQUARE FEET.

LOT SIZE IS APPROXIMATELY .79 ACRE.
CLASS A INDUSTRIAL MANUFACTURE STRUCTURE.
AMPLE LOADING DOORS IN BOTH BUILDINGS.
LONGER-TERM TENANTS.
SKYLIGHTS.
5-MILE 2019 POPULATION - 156,817.
LOCAL ESTIMATED POPULATION GROWTH, 2019 THRU 2024 - 12.26%.
5-MILE AREA MEDIAN HOUSEHOLD INCOME - $48,842.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 611-410-021
Zoning: IP
Highway Access: EASY INGRESS AND EGRESS TO INTERSTATE 10 AND ALL LOCAL ARTERIAL THOROUGHFARES.
Airports: 30-MINUTE DRIVE
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2007
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Ratio: 2.2 (per 1000 SF)
Total Parking Spaces: 40
Sprinklers: Wet
Zoning Description: IP
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,456 84,114 138,520
Median Age: 25.81 29.38 32.28
Households: 2,821 22,741 40,390

Contact

Photograph of Listing Agent

Lynn F. Coker

NAI Capital DACIE Member

Sponsoring Organization

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