Commercial Property — 554 Flinn Avenue, Moorpark, CA
$3,200,000
554 Flinn Avenue, Moorpark, CA
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 details
Location
554 Flinn Avenue • Moorpark, CA 93021
Listed by
John Newton · John W. Newton & Associates, Inc.