1131 Olympic Dr - Warehouse FOR SALE


Corona, CA 92881
$7,300,000 USD
626-864-1598
1131 Olympic Dr, Corona, CA for Sale
$7,300,000 USD
Warehouse - FOR SALE
1/37
null | 5.25% Cap Rate

1131 Olympic Dr
Corona, CA 92881


HIGHLIGHTS

  • Ideal 1031 exchange with A 5.25% Cap Rate Guaranteed is based on the current lease rent and reimbursement
  • Seller may carry a senior loan
  • Free Standing Building ( no shared wall) with Fenced Yard including 6-8 trailer parking spaces
  • 2 Loading Dock High Doors and 2 Ground Doors.
  • The current tenant has 26 locations nationwide and plans to get a longer lease

OVERVIEW

Investment opportunity, Ideal for 1031, not for owner user. A 5.25% Cap Rate Guaranteed is based on the lease rent and reimbursement. Contact the Listing Broker for details. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space Free Standing Building ( There is a gap between the two building walls. no shared wall). Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 1 restroom in the warehouse area and 2 restrooms in the office area. Total Office size: 3393 sqft. Clear Height: 22-24 feet.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.29

LAND SF

56,192

ZONING

M-4

APN/PARCEL ID

107-160-065

ASK ABOUT THIS PROPERTY

Leo Yong GaoSPERRY-Hebron EquitiesMore Info
626-864-1598

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Leo Yong GaoSPERRY-Hebron EquitiesMore Info
626-864-1598

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