1360 N Magnolia Ave - Warehouse FOR SALE


El Cajon, CA 92020- Bostonia
$7,911,000 USD
760-930-7931
1360 N Magnolia Ave, El Cajon, CA for Sale
$7,911,000 USD
Warehouse - FOR SALE
1/6
null | 5.25% Cap Rate

1360 N Magnolia Ave
El Cajon, CA 92020
Bostonia


HIGHLIGHTS

  • 10-Year NNN Lease, Minimal Landlord Responsibilities - Landlord solely responsible for roof and structure
  • 4% Annual Rent Increases Throughout Base Term - With two, 5-year renewal options at fair market value
  • Leased to Sunstate Equipment Rentals - A growing provider of construction and industrial equipment with over 90 locations across 16 states

FOR SALE DETAILS

PRICE

$7,911,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New Sunstate Equipment Rentals

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53

LAND SF

66,647

ZONING

M-54

APN/PARCEL ID

483-022-69

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

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Thomas LadtColliersMore Info
760-930-7931

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