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5.87% CAP RATE | 10-YEAR NNN LEASE 5940 Matthews St 5,000 SF Industrial Building Goleta, CA 93117 $3,345,867 CAD ($669.17 CAD/SF)
Investment Highlights
- 5.87% CAP RATE | 10-YEAR NNN LEASE
- Lease type: Triple net. | $144,000 NOI | Annual 3.5% increases.
- Tenant: Angel's Auto Repair.
- Lease expiration: February 2036.
- Options: No options.
- Two restrooms (one with a shower).
Executive Summary
5.87% CAP RATE | 10-YEAR NNN LEASE
PRICE REDUCED! NOW OFFERED AT $2,450,000
LEASED INDUSTRIAL BUILDING FOR SALE
Rare, heavy industrial building currently leased to an automotive user. Rare ceiling heights, three large bay doors, gated parking, concrete lot, phase 3 power, and offices in a high demand purchase and leasing market. Less than one mile to Goleta Beach and the Santa Barbara airport. Please don’t disturb the tenant and contact the listing agents for access.
PRICE REDUCED! NOW OFFERED AT $2,450,000
LEASED INDUSTRIAL BUILDING FOR SALE
Rare, heavy industrial building currently leased to an automotive user. Rare ceiling heights, three large bay doors, gated parking, concrete lot, phase 3 power, and offices in a high demand purchase and leasing market. Less than one mile to Goleta Beach and the Santa Barbara airport. Please don’t disturb the tenant and contact the listing agents for access.
Property Facts
Amenities
- Signage
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 071-152-008 | Improvements Assessment | $596,307 CAD |
| Land Assessment | $618,915 CAD | Total Assessment | $1,215,222 CAD |
Property Taxes
Parcel Number
071-152-008
Land Assessment
$618,915 CAD
Improvements Assessment
$596,307 CAD
Total Assessment
$1,215,222 CAD
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5.87% CAP RATE | 10-YEAR NNN LEASE | 5940 Matthews St
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