7305 Paramount Blvd - Warehouse FOR SALE


Pico Rivera, CA 90660- El Rancho
$5,000,000 USD
760-285-7303
7305 Paramount Blvd, Pico Rivera, CA for Sale
$5,000,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

7305 Paramount Blvd
Pico Rivera, CA 90660
El Rancho


HIGHLIGHTS

  • 18,962-Square-Foot Multi-Tenant Industrial Asset Situated on 0.75 Acres
  • Features 16' Minimum Clear Height and Comprised of Concrete-Tilt Construction
  • Property is Demised Into Two Connecting Individually Metered Units, Allowing for Single or Multi-Tenant Use
  • Comprised of Two Dock-High Loading Positions and Three Ground-Level Doors for Ease of Operations for Single or Two-Tenant Operations
  • Owner User or Value-Add Investment Opportunity with 100% Occupancy on One Immediately Expiring Lease and One Mid-Term Lease

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 7305 Paramount Boulevard, anchored by Jet Sales Packaging. The subject property is comprised of approximately 18,962 square feet of warehouse space and is situated on 0.75 acres of land. The asset features two connecting suites for single or multi-tenant use, two dock high doors, three ground-level doors, two HVAC units, 14 parking spaces, and three-phase power with 600 amps and 240 to 480 volts. The property is currently 100 percent occupied by two long-term tenants with one near-term lease expiration and no options to extend, offering a buyer the opportunity for both a lease-up or owner-user opportunity. Jet Sales has been in business for over 30 years, and is a wholesale distributor for packing supplies, serving businesses across Southern California.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

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

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.75

LAND SF

32,670

ZONING

IG, Pico Rivera

APN/PARCEL ID

6369-004-012

ASK ABOUT THIS PROPERTY

Christian DesnoesMarcus & MillichapMore Info
760-285-7303

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Christian DesnoesMarcus & MillichapMore Info
760-285-7303

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