554 Flinn Avenue, Moorpark, CA, CA 93021

$3,200,000

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List Price
$3,200,000
Status
ACTIVE
MLS#
SR25256231
County
Ventura
Zoning
Industrial-Flex
Year Built
1984
Square Feet
17,772
Lot Size (acres)
0.98
Lot Location
Corner Lot, Cul-De-Sac, Lot Over 40000 Sqft, Near Public Transit, Paved, Rectangular Lot, Sprinkler System, Street Level, Level
Days on Market
262
Property Type
Commercial
Business Type
Industrial, Manufacturing, Single-Tenant, Stand-Alone
Property Sub Type
Industrial

Property Description

Great investment opportunity. Tenant is a long-term, hi-tech (Optics, Phototonics Engineering & Manufacturing) Industrial operator, in a high-security environment. Gooch & Housego is an entity of an International Corporation, www.gandh.com. Existing 5-year lease term to September 20, 2030. Lease rate $.85/SF NNN, $13,047.50 per month plus annual CPI. Approximate Cap Rate 4.9. Lease contracts available for review and assumption. Free-Standing, one story, wood-frame/stucco construction, HVAC throughout, 120/208 V 800 Amp Main with 5 sub-panels. 1 roll-up door, approximately 18' clear height, 5 offices, break room, and multiple restrooms. 2,475 SF Mezzanine storage included. 32 on-site parking spaces plus 13 available on street. Zoning is Light Industrial-Flex, which will allow future additional commercial retail use opportunities. Located close to State Route 23/118 Freeway access in the City of Moorpark, Ventura County, CA.

Additional Information

Taxes
$15,180
Parcel Number
5120172025
Net Operating Income
$159,564
Lot Features
Corner Lot, Cul-De-Sac, Lot Over 40000 Sqft, Near Public Transit, Paved, Rectangular Lot, Sprinkler System, Street Level, Level
Security Features
Security System, Fire Sprinkler System, 24 Hour Security
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Electric
220 Volts Other, Heavy, See Remarks
Heat
Forced Air, Heat Pump, Natural Gas, Zoned
Cooling
Yes
Cooling Description
Heat Pump, See Remarks, Zoned
Exterior Construction
Drywall, Ducts Professionally Air-Sealed, Frame, Stucco
Roof
Asphalt, Flat, Rolled/Hot Mop
Parking Spaces
45
Water
Public

Listing courtesy of Listing Agent: John Newton (advantagerlty@msn.com) from Listing Office: John W. Newton & Associates, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.