42-660 Aegean Street

Industrial for Sale
Catylist Listing ID: 30681373
Property Subtypes: Free-Standing, Light Industrial, Office Showroom
Building Size (RSF): 6,858 SF
Gross Land Area: 0.34 - 34 Acres
Sale Price: $1,250,000
Unit Price: $182.27 PSF
Ceiling: 22 ft. / 18 ft. Clear
Docks/Doors: 2 Doors
Office SF: 2,200 SF
Drive In Bays: 2 Bays
Property Use Type: Business
Building Name: 42660 Aegean Street
Usable Size (USF): 6,858 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/11/2021

Overview / Comments

This building is an exceptional opportunity for an owner/user. Built in 2006 by the current owner, who operates his business in the building, this building has features not found in the typical industrial building, such as security cameras both inside and outside, roll down security window covers, remote control lighting, HVAC, and home theatre demonstration items. With two 12' x 14' rollup doors opening to a large warehouse area in the rear portion of the building, it is convenient for loading and unloading. The reception area and the executive offices have exceptional finishes. The second level over the office area, which has a restroom with a shower in it, can be used for storage or converted to additional office space. There are 10 on-site parking spaces. Conveniently located near the I-10 and Jackson Street interchange, the building has easy access to clients. There is an opportunity to purchase the highly successful business that is operating in the building, as well. The building is offered for sale with furnishings per negotiated inventory.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County
Tax ID/APN: 610-301-003
Zoning: MU
Property Located Between: Jackson Street and Monroe Street
Highway Access: I-10 is located just south of the building. Access is via Jackson Street.
Airports: Palm Springs International
Site Description: Totally built out on 0.34 acres of land. Concrete parking lot and driveways.
Area Description: Relatively new industrial area on the north side of I-10 and south of Avenue 42. Close to major retail shopping centers The Showcase at Indio, Indio Town Center, and Walmart supercenter. Newer residential developments are located nearby to the north and east.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,711 SF
Property Condition: Excellent
Year Built: 2006
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Medium beige exterior with light beige accent bands.
Parking Ratio: 1.6 (per 1000 SF)
Parking Type: Surface
Parking Description: Concrete surface. Parking spaces are located along the north side of the building.
Total Parking Spaces: 10
Overhead Cranes: Undisclosed
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Lighting: LED, Fluorescent
Internet Access: Cable
Interior Description: Exceptional finishes in the office areas with ceramic tile flooring, granite countertops, remote control lighting, HVAC controls, restrooms, office storage. In the warehouse are here are rooms for offices, workrooms, and storage, plus a restroom. The area over the offices has a restroom with a shower in it. That area can be used either for storage or else built out for additional office space.
Zoning Description: MU per city of Indio Zoning Code.
Lot Frontage: 100 feet
Lot Depth: 150 feet
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: Lot 9 of Tract 26585-1 in the city of Indio, County of Riverside, State of California, as shown by map on file in Book 316, Pages 36 through 89, all inclusive, of Maps in the Office of he County Recorder of said County. The APN is 610-301-003.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,134 70,444 142,041
Median Age: 30.19 32.02 35.7
Households: 3,510 20,669 45,626

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