64640 19th ave - Warehouse FOR SALE


Desert Hot Springs, CA 92240
$16,105,000 USD
760-448-2449
64640 19th ave, Desert Hot Springs, CA for Sale
$16,105,000 USD
Warehouse - FOR SALE
1/19
null | 6% Cap Rate

64640 19th ave
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • STRONG CORPORATE LEASE WITH PODS ENTERPRISES, LLC • LEADER IN PORTABLE MOVING & STORAGE SOLUTIONS • $1.2 BILLION IN REVENUES (2023)
  • NEW 10 YEAR MODIFIED NNN LEASE • 3% ANNUAL RENT INCREASES • PASSIVE INCOME STREAM WITH AGGRESSIVE ANNUAL RENT GROWTH • INFLATION HEDGE
  • CLASS “A” INDUSTRIAL WAREHOUSE WITH SECURE YARD SPACE • NEW 2024 CONSTRUCTION • REINFORCED CONCRETE TILT-UP CONSTRUCTION • 28 FOOT CLEAR HEIGHTS
  • EASY ACCESS TO INTERSTATE 10 (92,000 VPD) CONNECTING TO INLAND EMPIRE
  • STRATEGIC MISSION CRITICAL LOCATION FOR PODS • MOST EASTERN S. CALIFORNIA LOCATION CONNECTS PODS NETWORK TO PHOENIX & LAS VEGAS MARKETS
  • ADJACENT TO NEW 650,000 SF AMAZON MIDDLE WAREHOUSE PROJECT • DELIVERING IN 2026

OVERVIEW

We are pleased to present a high-quality, brand new construction PODS facility in Desert Hot Springs, CA. PODS (Portable On Demand Storage) is a nationally recognized leader in the moving and storage industry, with over 25 years of operational success. The company services more than 250 million customers across 46 U.S. states, Canada, Australia, and the U.K., with a strong track record of financial stability and continued expansion. Backed by a modified NNN lease with minimal landlord responsibilities, and 3% annual rent increases, this asset offers investors a secure, long-term income stream.

FOR SALE DETAILS

PRICE

$16,105,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PODS Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

92

LAND DETAILS

LAND ACRES

4.86

LAND SF

211,702

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

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