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Warehouse

Paramount Boulevard Multi-Tenant

7305 Paramount Blvd, Pico Rivera, CA 90660

Listing Price: $5,000,000

Cap Rate
6.14%
Gross SF
18,962
Price/Gross SF
$263.69
Lot Size
0.75 acres
Year Built
1963
Rentable SF
18,962

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 7305 Paramount Boulevard, anchored by Jet Sales Packaging. The subject property is comprised of approximately 18,962 square feet of warehouse space and is situated on 0.75 acres of land. The asset features two connecting suites for single or multi-tenant use, two dock high doors, three ground-level doors, two HVAC units, 14 parking spaces, and three-phase power with 600 amps and 240 to 480 volts. The property is currently 100 percent occupied by two long-term tenants with one near-term lease expiration and no options to extend, offering a buyer the opportunity for both a lease-up or owner-user opportunity. Jet Sales has been in business for over 30 years, and is a wholesale distributor for packing supplies, serving businesses across Southern California.

Investment Highlights

  • 18,962-Square-Foot Multi-Tenant Industrial Asset Situated on 0.75 Acres
  • Features 16' Minimum Clear Height and Comprised of Concrete-Tilt Construction
  • Property is Demised Into Two Connecting Individually Metered Units, Allowing for Single or Multi-Tenant Use
  • Comprised of Two Dock-High Loading Positions and Three Ground-Level Doors for Ease of Operations for Single or Two-Tenant Operations
  • Owner User or Value-Add Investment Opportunity with 100% Occupancy on One Immediately Expiring Lease and One Mid-Term Lease

Exclusively Listed By

Financing By

Warehouse

Paramount Boulevard Multi-Tenant

Listing Price: $5,000,000

Cap Rate
6.14%
Gross SF
18,962
Price/Gross SF
$263.69
Lot Size
0.75 acres
Year Built
1963
Rentable SF
18,962

Investment Highlights

  • 18,962-Square-Foot Multi-Tenant Industrial Asset Situated on 0.75 Acres
  • Features 16' Minimum Clear Height and Comprised of Concrete-Tilt Construction
  • Property is Demised Into Two Connecting Individually Metered Units, Allowing for Single or Multi-Tenant Use
  • Comprised of Two Dock-High Loading Positions and Three Ground-Level Doors for Ease of Operations for Single or Two-Tenant Operations
  • Owner User or Value-Add Investment Opportunity with 100% Occupancy on One Immediately Expiring Lease and One Mid-Term Lease

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 7305 Paramount Boulevard, anchored by Jet Sales Packaging. The subject property is comprised of approximately 18,962 square feet of warehouse space and is situated on 0.75 acres of land. The asset features two connecting suites for single or multi-tenant use, two dock high doors, three ground-level doors, two HVAC units, 14 parking spaces, and three-phase power with 600 amps and 240 to 480 volts. The property is currently 100 percent occupied by two long-term tenants with one near-term lease expiration and no options to extend, offering a buyer the opportunity for both a lease-up or owner-user opportunity. Jet Sales has been in business for over 30 years, and is a wholesale distributor for packing supplies, serving businesses across Southern California.

Exclusively Listed By

Financing By

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