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Multi-Tenant Industrial Sale

2 Industrial Properties Offered at £14,788,305 in Ventura, CA

Investment Highlights

  • Excellent location with 101 Freeway frontage and visibility, access to shopping, restaurants and retail amenities
  • Limited future development - below replacement costs due to increasing costs and land values
  • Very flexible configuration with space for retail, office and industrial users
  • Well-designed two-building project

Executive Summary

OPPORTUNITY TO ACQUIRE 2 HIGHLY FUNCTIONAL INDUSTRIAL BUILDINGS IN IN-FILL VENTURA COUNTY, CALIFORNIA
WELL LEASED MULTI-TENANT
BUILDINGS TOTALING ±115,987 SF
BELOW REPLACEMENT COSTS WITH
SIGNIFICANT BARRIERS TO ENTRY
5.14 ACRE ZONED MPD

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price £14,788,305
Price / SF £128.59 / SF
Net Initial Yield 5.38%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 115,000 SF
Total Land Area 7.71 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5120-5126 Ralston St, Ventura, CA 93003 Industrial 57,500 SF 1979 -
5103-5109 Walker St, Ventura, CA 93003 Industrial 57,500 SF 1980 -
Show More > < Show Less
  • Listing ID: 31129034

  • Date on Market: 05/03/2024

  • Last Updated:

  • Address: Multi-Tenant Industrial Sale, Ventura, CA

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