124 W Ovington St - Industrial FOR SALE


Lancaster, CA 93534
$1,080,000 USD
818-907-4639
124 W Ovington St, Lancaster, CA for Sale
$1,080,000 USD
Industrial - FOR SALE
1/15
null | 6.22% Cap Rate

124 W Ovington St
Lancaster, CA 93534


OVERVIEW

Renovated 4,000 SF Industrial NNN Leased Investment Renovation Complete 1Q25: New Building Slab, New Restroom, New Paint Asking Price: $1,080,000 CAP Rate: 6.225% Single Tenant NNN Lease: - 63 Month Term, 3 Months 3 - July 1, 2025 through September 30, 2030 - $1.40 NNN - 3% Annual Increases - Tenant: https://www.pscgroup.com/ PSC Group utilizing the building for rail car service / storage related to Rio Tinto mining operations

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22

LAND SF

9,583

ZONING

-

APN/PARCEL ID

3138-012-076

ASK ABOUT THIS PROPERTY

Richard RamirezCBRE, Inc.More Info
818-907-4639

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Richard RamirezCBRE, Inc.More Info
818-907-4639

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