$2,500,000
Office / Medical Property investment
- Status: Pending
- Price: $1,995,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
Location! Location! Location!!!!
Ideal for Owner user and or Investment opportunity, this property is located on a heavy traffic 20th Street West, half a block of the 14 FWY with excellent FWY visibility and signage. The vacant available space has a great layout for office or medical use ready to be occupied or leased out. plenty of parking spaces.
CENTURY 21 Yarrow & Associates occupies abut half of the building, Rental Rate $6,000 per month modified gross. Lease expires July 2026 Plus 5-Years option, 3% annual increase.
Crown Castle Leased portion of the land behind the building for wireless tower. The lease commitment to original property owner will expire December 31st 2028, thereafter current owner will start collection the rent.
Rental Building Area 12,288SF. Year built 1985.
Business Information
Ownership Type:
Corporation
Year Established:
1985
Year Purchased:
Business Type:
Commercial Rental Property
License(s) Required:
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6393
Date Available:
10/06/2022
Reason For Sale:
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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