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2451 Access Way

20,211 SF Industrial Building Imperial, CA 92251 £2,440,874 (£121/SF) 6% Net Initial Yield

Executive Summary

Secure a smart mailbox investment with a FedEx Ship Center leasehold, 'Built-to-Suit' for FedEx in 1999, reflecting a long-standing commitment to the location. The property has 5 years remaining on its term, with two 5-year extension options, and has seen recent upgrades, including the installation of 14 new EV charging stations by FedEx for it's delivery vans. Enjoy a strategic location on the Imperial County Airport premises, backed by a corporate guarantee from FedEx.
This 370-acre airport is situated just 1 mile south of the central business district of Imperial, California, and is part of the Imperial Valley Economic Center of California, known for its strong government, agricultural, and retail trade sectors.

Attachments

FedEx Lease listing
FedEx Lease listing - Untitled Page copy

Data Room Click Here to Access

Property Facts

Price £2,440,874 Rentable Building Area 20,211 SF
Price Per SF £121 Number of Floors 1
Sale Type Investment NNN Year Built/Renovated 1999/2023
Net Initial Yield 6% Tenancy Single
Property Type Industrial Parking Ratio 2.52/1,000 SF
Property Subtype
Warehouse
  • Industrial Distribution
 Clear Ceiling Height 20 ft
Building Class B Parcel Number 064-230-015-000
Lot Size 2.05 AC
Price £2,440,874
Price Per SF £121
Sale Type Investment NNN
Net Initial Yield 6%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 2.05 AC
Rentable Building Area 20,211 SF
Number of Floors 1
Year Built/Renovated 1999/2023
Tenancy Single
Parking Ratio 2.52/1,000 SF
Clear Ceiling Height 20 ft
Parcel Number 064-230-015-000

Amenities

  • Fenced Lot
  • Yard
  • Air Conditioning
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zoning

Zoning Code CM (General Commercial Zoning / Airport)
CM (General Commercial Zoning / Airport)
(208) 329-4610

  • Listing ID: 32823974

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 2451 Access Way, Imperial, CA 92251

The Industrial Property at 2451 Access Way, Imperial, CA 92251 is currently available For Sale. Contact Westerra Real Estate Group for more information.

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© 2024 CoStar Group

2451 Access Way
(208) 329-4610 x

2451 Access Way

Shawn Barton

(208) 329-4610

(208) 329-4610

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