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839 Emerson Ave

21,000 SF Industrial Building Calexico, CA 92231 £1,467,565 (£70/SF) 7.25% Net Initial Yield

Executive Summary

Property Features:
- Available For a Owner User or an Investor
- Owner Willing to Lease Back From Buyer for $11,260 + NNN / Month. If Lease Back is Not Desirable, Owner Will Move Out By Close of Escrow.
- 7.25% Cap Rate
- Opportunity Zone
- 6,700 Sf of Retail Showroom
- 13,800 Sf of Warehouse
- 4,290 Sf Metal Shelving Mezzanine
- 20 ft x 14 ft Grade Level Door
- 20 ft Clear Height
- 20 Parking Spaces

Property Facts

Price £1,467,565
Price Per SF £70
Sale Type Investment or Owner User
Net Initial Yield 7.25%
Sale Conditions Sale & Leaseback
Property Type Industrial
Property Subtype
Showroom
  • Light Industrial Light Manufacturing
  • General Retail Auto Repair
  • Light Industrial Light Distribution
Building Class C
Lot Size 0.72 AC
Rentable Building Area 21,000 SF
Number of Floors 1
Year Built 1995
Tenancy Single
Parking Ratio 0.95/1,000 SF
Clear Ceiling Height 20 ft
Level Access Doors 1
Opportunity Zone Yes

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • 21,000 SF
  • -
  • -

In 1925, a group of independent auto parts sellers met in Detroit to form the National Automotive Parts Association. Their mission was simple: Improve the distribution of auto parts to serve the people and businesses who increasingly relied on cars and trucks for their transportation needs. NAPA stores and warehouses, which were owned by a variety of member companies at the time, quickly became the go-to sources for parts. Carlyle Fraser, founder of Genuine Parts Company, served as a key NAPA contributor in its early years. Across the decades, Genuine Parts began to acquire the other NAPA member companies, and in 2012 became the last remaining member of NAPA, a brand with a reputation for quality parts, rapid availability, and knowledgeable people. Today, the NAPA Network offers hundreds of thousands of unique parts, distributed across many distribution centers, thousands of NAPA Auto Parts stores and even more NAPA Auto Care centers throughout the United States.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer 21,000 SF - -
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058-302-001-000
Land Assessment
£455,087
Improvements Assessment
£82,028
Total Assessment
£537,115

zoning

Zoning Code C
C
  • Listing ID: 21778320

  • Date on Market: 16/12/2020

  • Last Updated:

  • Address: 839 Emerson Ave, Calexico, CA 92231

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