323-230-0407
11019 Penrose St, Sun Valley, CA for Sale
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

11019 Penrose St
Sun Valley, CA 91352


HIGHLIGHTS

  • Investment Opportunity
  • 100% occupied
  • Great cash flows
  • 5 year lease with annual bumps
  • Secure gated parking and unassuming building
  • All TIs and improvements tenant responsibility

OVERVIEW

Industrial Investment with great cash flow. 100% occupied. Tenant in year 2 of 5 yr lease and paying as agreed per owner. Tenant responsible for ALL TIs including upgraded power and new HVAC units (over $500k in improvements to date per tenant) and Tenant pays all operating expenses, including insurance. Owner only pays property taxes. Fully licensed type-6 manufacturing and Type-11 distribution cannabis licenses. Work done with City of LA permits and all environmental reports available including Phase I. Two roll-ups with 14' and 12' clearances, security gated with large fully fenced parking lot. CALL 323.230.0407 for pricing and additional details. Do not disturb Tenant.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

Heating

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,473

ZONING

M1

APN/PARCEL ID

2408-027-024

ASK ABOUT THIS PROPERTY

Kathy PartchICS Real Estate - KW CommercialMore Info
323-230-0407

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Kathy PartchICS Real Estate - KW CommercialMore Info
323-230-0407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.