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1528 W Washington Blvd 625 pi² Industriel Immeuble Montebello, CA 90640 4 123 001 $ CAD (6 596,80 $ CAD/pi²) 4,45% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Enterprise Rent-A-Car: Single Tenant Net Leased Corporate Investment
- Tenant Just Executed Their First 5-Year Option
- Future Rental Upside-Low Rental Rate, Only $0.38/SF Land
- 4.45% Capitalization Rate; Only $79/SF Land Cost
- Very Strong Real Estate Fundamentals; Industrial Zoning & Area
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap Real Estate Investment Services is pleased to exclusively market for-sale the fee-simple interest of Enterprise Truck Rental Services located at 1528 Washington Boulevard, Montebello, California. Centrally located within Los Angeles County the subject property is situated within an industrial area with close proximities to several freeways. The demand for truck rentals only continues to grow as the industrial sector continues to expand within LA County.
Enterprise Truck Rental is effectively a ground lease and comprises of a rectangular-shaped, industrial zoned (M1, Light Industrial, Light Manufacturing) site of 37,834 square feet (0.87 acres). The improvements consist of a 625 SF, 1-story office building and a 1,665 SF canopy structure built in 2011 and 2015 respectively. There is one 50 foot-wide curb cut and one 30 foot-wide curb cut off Washington Blvd. The site is used as a truck rental facility.
The subject property’s current rental rate of $0.38 PSF (NNN) is based on the entire property and would be considered low in today’s market, thus, offering significant future rental upside. The property also presents itself as a prime future industrial redevelopment opportunity.
Please DO NOT disturb the tenant. For further information, please contact the listing agents.
Enterprise Truck Rental is effectively a ground lease and comprises of a rectangular-shaped, industrial zoned (M1, Light Industrial, Light Manufacturing) site of 37,834 square feet (0.87 acres). The improvements consist of a 625 SF, 1-story office building and a 1,665 SF canopy structure built in 2011 and 2015 respectively. There is one 50 foot-wide curb cut and one 30 foot-wide curb cut off Washington Blvd. The site is used as a truck rental facility.
The subject property’s current rental rate of $0.38 PSF (NNN) is based on the entire property and would be considered low in today’s market, thus, offering significant future rental upside. The property also presents itself as a prime future industrial redevelopment opportunity.
Please DO NOT disturb the tenant. For further information, please contact the listing agents.
FAITS SUR LA PROPRIÉTÉ
| Prix | 4 123 001 $ CAD | Taille du lot | 0,87 AC |
| Prix par pi² | 6 596,80 $ CAD | Aire du bâtiment louable | 625 pi² |
| Type de vente | Investissement pour loyer hypernet | Nombre d’étages | 1 |
| Taux de capitalisation | 4,45% | Année de construction | 1955 |
| Type de propriété | Industriel | Location | Unique |
| Sous-type de propriété | Entrepôt | Ratio de stationnement | 19,2/1 000 pi² |
| Classe d’immeuble | C | Effacer hauteur du plafond | 20’ |
| Zonage | M1 - Fabrication légère | ||
| Prix | 4 123 001 $ CAD |
| Prix par pi² | 6 596,80 $ CAD |
| Type de vente | Investissement pour loyer hypernet |
| Taux de capitalisation | 4,45% |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | C |
| Taille du lot | 0,87 AC |
| Aire du bâtiment louable | 625 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1955 |
| Location | Unique |
| Ratio de stationnement | 19,2/1 000 pi² |
| Effacer hauteur du plafond | 20’ |
| Zonage | M1 - Fabrication légère |
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Impôts fonciers
| Numéro de lot | 6353-014-008 | Évaluation des bâtiments | 141 418 $ CAD |
| Évaluation du terrain | 260 071 $ CAD | Évaluation totale | 401 489 $ CAD |
Impôts fonciers
Numéro de lot
6353-014-008
Évaluation du terrain
260 071 $ CAD
Évaluation des bâtiments
141 418 $ CAD
Évaluation totale
401 489 $ CAD
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1528 W Washington Blvd
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