- City of Industry /
- CA /
- 91748
- Property Type: Industrial
- Monthly Rent PSF: $ 0.00
- Total Space Available: 18,703 SF
- Smallest Space:
- Largest Space: 18,703 SF
- Maximum Contiguous:
- Sale Price: $ 7,500,000
- Sale price PSF: $ 401.01
- Cap Rate: 4.90%
- Construction Status: Existing
- Year Built: 1975
- RBA (Sq. Ft.): 18,703 SF
- Lot Size (Sq. Ft.): 42,484 SF
- Parking Ratio: 37 / 1,000 RSF
- Min. Clearance Ht: 19'
- Grade Level Loading: 4
- Stories: 1
THE OFFERING
19449 E. Walnut Dr. S., & 1165 Wright Way, City of Industry is a multi-tenant industrial building that sits on a ±42,484 sq ft parcel.
This property consists of 3 separate units:
19449 E. Walnut Dr. S. which is approximately 7,190 sq ft,
1165 Wright Way #A which is approximately 6,398 sq ft, and
1165 Wright Way #B, which is approximately 5,115 sq ft, totaling ±18,703 sq ft building area.
This property has a total of four (4) Ground Level Doors, a Ceiling Height of 19’ and 37 parking spaces altogether.
This property is conveniently located in City of Industry with freeway frontage on the 60 Freeway.
Investment Highlights
INVESTMENT HIGHLIGHTS
+ 100% leased NNN Industrial Building
+ Contractual annual lease bumps of 4% – 5%
+ Multi-tenant rent roll offers diversity of cash fl ow
+ Sherwin-Williams – National Credit
+ Desirable location with 60 Freeway frontage
+ Exceptionally strong fundamentals – 2.7% overall vacancy and no
new construction in pipeline for units this size
+ Low-finish (5% to 10% office), single story industrial units each
with exclusive loading
+ Prime East City of Industry location with historically low vacancy
and high rent growth metrics
OFFERING ATTRIBUTES
• Freeway Frontage and corner frontage (Wright Way and E. Walnut Drive S.)
• Annual bumps at 4% and 5%
• Potential to add fenced yard and exterior dock
• City of Industry
• Diversity of income (3 tenants, 1 with national credit)
• Inflation protection (NNN leases)
- Unit #:
- 123
- Space Available: 18,703 SF
- Office Sq. Ft.: 0 SF
- Min. Divisible:
- Max. Contiguous:
- Mo. Rent PSF: $ 0.00
- Rent Type: