45600 Citrus Ave - Warehouse FOR SALE
Indio, CA 92201 |
45600 Citrus Ave
Indio, CA 92201
HIGHLIGHTS
- Strong National Tenant H&E Equipment Services (HEES) is traded on the NASDAQ; and is one of the largest integrated equipment services companies in US
- Capitalization Rate – Year 1 Capitalization Rate 5.10%. Average Term Capitalization Rate 5.42%.
- Long-Term NNN Lease -5-year NNN lease commencing 7/1/2022 with 3.0% annual increases followed by three successive option periods of 5 years.
- SoCal Location – 120 miles east of Los Angeles, Indio is centrally located with major north/south & east/west rail, road and air networks.
- Recent Improvements – H&E is slated to invest upwards of $500,000 for improvements into the space.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
UTILITIES
-
CLEAR CEILING HT
28 Ft
DOCKS
-
DRIVE INS
3
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
611-410-059
