BACK ON THE MARKET 10/15/24 For Sale $5.1MM ($500k price reduction on 10/15/24) Price/sf Bldg: ~$319/sf Price/sf Land: ~$68/sf Pro-Forma Cap Rate: ~7.69% Pro-Forma Annual NOI: ~$392,418 Current Occupancy: 10562 & 10572: Month to Month (tenant eviction in process) | 10542: Month to month | 10552: Vacant | Rear Yard (16,850 sf): Vacant Total Land Area = +/- 75,156 SF (+/- 1.725 Acres) -- recent ALTA Survey completed ALTA Survey, Phase 1 Report, etc. complete (request from Broker) Possible redevelopment possible with in place income (short-term leases) P R O P E R T Y F E A T U R E S • Four (4) 4,000 SF Freestanding Industrial Buildings totaling +/- 16,000 SF on +/- 1.725 Acres • Large Paved & Fenced Yard • Short-term Leases in place allowing for Buyer flexibility – 10552 Stanford & Rear Fenced Yard area (16,850 sf) vacant (call broker for details) • Separately metered units (confirm) • Five (5) GL Doors • Warehouse Clearance of +/- 10-14’ • Zoning: Adaptive Re-use (AR) and Land Use (Industrial/Residential Mixed Use 2) allows for flexible Industrial, Commercial & Residential Development (verify with City) • Parcel #: 089-080-33