1920 Mercantile Ln - Distribution FOR SALE


Coalinga, CA 93210
$6,999,999 USD
619-489-9003
1920 Mercantile Ln, Coalinga, CA for Sale
$6,999,999 USD
Distribution - FOR SALE
1/7
null | 8.5% Cap Rate

1920 Mercantile Ln
Coalinga, CA 93210


HIGHLIGHTS

  • 304 Feet of frontage on Mercantile Lane
  • Fully Gated and Monitored Facility
  • 61 HVAC units
  • Fully Sprinklered

OVERVIEW

PRICE REDUCED SIGNIFICANTLY ON 8-21-23 TO $6,999,999 Kidder Mathews is pleased to present to qualified investors, the opportunity to acquire 1920 Mercantile Lane in Coalinga California, a 35,917 square foot single tenant industrial building situated on an approximately 1.56 acre lot. 15 year Absolute NNN Sale-Leaseback. Planet 13 revenue increased 70% year over year from 2020 to 2021 and has zero debt. Please contact me for further information!

FOR SALE DETAILS

PRICE

$6,999,999 USD

PRICE/SF

$195 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.56

LAND SF

67,954

ZONING

LM

APN/PARCEL ID

083-280-12S

ASK ABOUT THIS PROPERTY

Sam HannaKidder MathewsMore Info
619-489-9003

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Sam HannaKidder MathewsMore Info
619-489-9003

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