Single tenant Investment - bow truss construction - light industrial - manufacturing facility - long term 30 plus years tenancy with same business - 7 yrs remaining of 10 yr lease with annual inflation fighting cost of living adjustments per local CPI - tremendous upside in value add opportunity upon lease expiration - lowest priced cost per foot in Torrance Industrial Market - recent upgrades include new roof 2023 - electrical box and bathroom (now under construction) - Prime Location on a major commercial corridor with close proximity to the 110, 105 and 405 freeway system - This is a fantastic opportunity to purchase a single tenant investment priced below market values for similar properties. Gross monthly rental is $3,894 (next CPI annual increase - 9/25).
4,653 Sq Ft
0.2729 Private Acres Exterior Space
Industrial
$9,845 Annual Tax
Built in 1953
MLS/Listing ID SB24245307
1 Units
Block
Chain-link
Lot - Rectangular Lot
Lot - Flat
Listing Courtesy of ESTATE PROPERTIES, MICHAEL TALBOT - 310-378-9889
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE