5390 Kazuko Ct - Manufacturing FOR SALE


Moorpark, CA 93021
$6,750,000 USD
805-320-1600
5390 Kazuko Ct, Moorpark, CA for Sale
$6,750,000 USD
Manufacturing - FOR SALE
1/6
null | 4.92% Cap Rate

5390 Kazuko Ct
Moorpark, CA 93021


HIGHLIGHTS

  • Single Tenant, Leased Industrial Investment
  • Long-Term Tenancy from 10/2000 to 9/2030
  • Total Building Area - 37,775 SF, including 14% mezannine/storage area (5,320 SF)
  • Well below market rent with upside at lease rollover

OVERVIEW

SINGLE TENANT,NET LEASED INDUSTRIAL BUILDING. Long-Term Tenancy from 10/2000 to 9/2030. Total Building Area - 37,775 SF (32,455 SF ground level footprint plus 5,320 SF mezzanine/storage area). In-Place Scheduled Net Rent - $331,959 per year with annual CPI increases (2% min/4% max). Tenant does have Proposition 13 property tax protection, i.e., any increase in property taxes are not passed on to the tenant. Well below market rent which only applies th the ground floor footprint (not the mezzanine/storage area).

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

4.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.77

LAND SF

77,101

ZONING

M1

APN/PARCEL ID

511-0-070-720

ASK ABOUT THIS PROPERTY

Bill KieferNAI Capital, Inc.More Info
805-320-1600

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Bill KieferNAI Capital, Inc.More Info
805-320-1600

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