CA > Moorpark
Moorpark, CA 93021,554 Flinn AVE
Moorpark, CA 93021,554 Flinn AVE
Moorpark, CA 93021,554 Flinn AVE
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$3,200,000
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0.98 Acres Lot
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554 Flinn AVE Moorpark, CA 93021

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

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

CRMLS – RECore
Listed by John Newton John W. Newton & Associates, Inc. 805-377-4302

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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