554 Flinn AVE new Save Request In-Person Tour Request Virtual Tour
Moorpark,CA 93021
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25256231
HOA Y/N No
Year Built 1984
Annual Tax Amount $15,180
Tax Year 2024
Lot Size 0.980 Acres
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. Existing 5-year lease term to September 20, 2030. International Credit Tenant. 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.
Location
State CA
County Ventura
Area Smp - South Moorpark
Zoning Industrial-Flex
Interior
Heating Forced Air,Heat Pump,Natural Gas,Zoned
Cooling Heat Pump,See Remarks,Zoned
Fireplace No
Laundry None
Exterior
Fence Block,Good Condition
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Roof Type Asphalt,Flat,Rolled/Hot Mop
Present Use Industrial
Total Parking Spaces 45
Building
Lot Description Corner Lot,Cul-De-Sac,Lot Over 40000 Sqft,Near Public Transit,Paved,Rectangular Lot,Sprinkler System,Street Level,Level
Story 1
Water Public
Others
Tax ID 5120172025
Security Features Security System,Fire Sprinkler System,24 Hour Security
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Trust