$2,500,000
Warehouse
- Status: Sold
- Price: $2,350,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
This is a 26,680sq.ft. Warehouse located in Industrial District of well populated area. There are 3 x dock for loading. current tenant has Lease till 2030 with monthly Rent of $13,000, 4% Cap. The place shows 4% Cap Rate now but has potential of 9.7% Cap if it is Rented @ market value. The rent for this area is about $0.90/ft. Thus the market value of the Rent should be about $24,000/a month. @ $24,000/rent the buyer will have 9.7% Cap. New owner may want to buy back the Lease for more immediate higher return. The Area is low in Crime and well kept. Business is not included in the Sale.
Business Information
Ownership Type:
N/A
Year Established:
Year Purchased:
Business Type:
warehoue
License(s) Required:
Business
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
3833
Date Available:
01/28/2021
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- $156,000
- Revenue:
- $156,000
- 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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