$3,200,000
FOR SALEActive554 Flinn Avenue
Moorpark CA 93021
17,772
SF
Industrial
Type
1984
Built
$180/SF
Cost/SF
Listing Agent
Carla Robertson
DRE #: 00682617
Brokerage: John W. Newton & Associates, Inc.
Location Analysis
About This Property
Great investment opportunity. Tenant is a long-term, hi-tech (Optics, Phototonics Engineering & Manufacturing) Industrial operator, in a high-security environment. Gooch & Housego is an entity of an International Corporation, www.gandh.com. Existing 5-year lease term to September 20, 2030. Lease rate $.85/SF NNN, $13,047.50 per month plus annual CPI. Approximate Cap Rate 4.9. Lease contracts available for review and assumption. Free-Standing, one story, wood-frame/stucco construction, HVAC throughout, 120/208 V 800 Amp Main with 5 sub-panels. 1 roll-up door, approximately 18' clear height, 5 offices, break room, and multiple restrooms. 2,475 SF Mezzanine storage included. 32 on-site parking spaces plus 13 available on street. Zoning is Light Industrial-Flex, which will allow future additional commercial retail use opportunities. Located close to State Route 23/118 Freeway access in the City of Moorpark, Ventura County, CA.
Property Information
Property Overview
Commercial - Industrial
Property Type
Active
Status
Industrial-Flex
Zoning
0.98 acres
Lot Size
17,772 SF
Square Footage
$180.06/SF
Price per SF
4.90%
Cap Rate
$160K
NOI
$15,180
Annual Tax
1,984
Year Built
1
Stories
45
Parking Total
2.53
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
4.9% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
4.90%
Cap Rate
$159,564
NOI
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CRMLS
MLS# SR25256231
Listed:
Nalren refreshed:
Last updated
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Listed by: John W. Newton & Associates, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.