$3,162,456
FOR SALEActive1980 Goetz Road
Perris CA 92570
105,851
SF
UnimprovedLand
Type
1991
Built
$30/SF
Cost/SF
Listing Agent
Chad Nasir
Listing Agent
DRE #: 02086093
Brokerage: eXp Realty of California Inc
Location Analysis
About This Property
Income-producing industrial yard with an actual cap rate of 7.02 percent. Fully leased single-tenant NNN investment on approximately 2.43 acres (105,851 square feet of leased site area; no building square footage is represented). The executed 10-year lease commenced March 1, 2026 and expires February 28, 2036. Base rent begins September 1, 2026 at $18,500 per month after the initial six-month abatement, steps to $19,500 per month in Year 2, then increases 3 percent annually beginning in 2028. Level, rough-graded, fenced and gated yard with block-wall perimeter, water and electrical service, and office/support improvements. GI zoning supports industrial, trucking, storage, warehousing and manufacturing uses, subject to governmental approvals. Tenant use includes collection and processing of nonhazardous goods, including cement and concrete recycling. Sale is subject to the existing lease and tenant purchase rights. Buyer to verify all information and review the executed lease and addenda.
Property Information
Property Overview
Commercial - UnimprovedLand
Property Type
Active
Status
GI
Zoning
2.43 acres
Lot Size
1
Total Units
105,851 SF
Square Footage
$29.88/SF
Price per SF
7.02%
Cap Rate
$222K
NOI
1,991
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
7.02% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
7.02%
Cap Rate
$222,000
NOI
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