56,198 Square Foot Industrial Space For Sale @ 312 E Venice Ave

Strong cash flowing investment waiting for new owner!

A mixture of warehouse and office units make up the 59 unit rental investment. Got a void? Then only get a +/-2% drop in occupancy! Average occupancy 95%+.

Buildings have been well cared for:

Repainted 2012
New roof 2013
Air Conditioning units - 6 of 7 less than 4 years old
City water and sewer

Income flowing is $278k, expenses (INC tax, insurance, repairs and on-site management) $59k leads to NOI of $219k or 8.26% cap rate! Full details available subject to completion of NDA.

All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, neither the listing agent or broker make any representation or warranty as to its completeness, and you should not rely upon it without conducting your own due diligence and investigation to determine whether the property meets your criteria and is a suitable investment. Past results are not necessarily indicative of future performance. Owner-provided financial information will be available for review upon execution of a confidentiality agreement.