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707-709 E Hueneme Rd

12,577 SF 100% Leased Industrial Building Oxnard, CA 93033 £2,445,111 (£194/SF) 4.52% Net Initial Yield

Investment Highlights

  • Major Price Reduction
  • Leased to 12-31-2025
  • 1 Acre Parcel on Corner Lot
  • 7,015 SF & 5,562 SF Units
  • 2005 CTU Construction
  • Fenced Parking

Executive Summary

Major Price Reduction! Now asking $3,099,000 (only $246 psf), well below replacement cost. Quality concrete tilt-up industrial building with 2-Tenant configuration. 5,562 SF and 7,015 SF size units, both Leased until 12-31-2025. Attractive warehouse with Corner Location. 1 Acre Lot Size with fenced parking area. 18' minimum clear height. 600 amps of 277/480 volt power service.

Property Facts

Price £2,445,111
Price Per SF £194
Sale Type Investment
Net Initial Yield 4.52%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.03 AC
Rentable Building Area 12,577 SF
Number of Floors 1
Year Built 2006
Parking Ratio 1.99/1,000 SF
Clear Ceiling Height 18 ft
Level Access Doors 2
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Roof Lights
  • Air Conditioning

Utilities

  • Lighting - Metal Halide

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
223-0-044-055
Land Assessment
£711,009
Improvements Assessment
£1,461,518
Total Assessment
£2,172,527

zoning

Zoning Code ML
ML
  • Listing ID: 30997546

  • Date on Market: 19/02/2024

  • Last Updated:

  • Address: 707-709 E Hueneme Rd, Oxnard, CA 93033

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