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For SaleLuxury

$3,200,000

42,689 sqft$75/sqft362 days on market

554 Flinn Avenue

Moorpark, CA 93021

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

42,689

Square feet

1984

Built

Listing narrative

Description

Great investment opportunity. Tenant is a long-term, hi-tech (Optics, Phototonics Engineering & Manufacturing) Industrial operator, in a high-security environment. Gooch & Housego is an entity of an International Corporation, www.gandh.com. Existing 5-year lease term to September 20, 2030. Lease rate $.85/SF NNN, $13,047.50 per month plus annual CPI. Approximate Cap Rate 4.9. Lease contracts available for review and assumption. Free-Standing, one story, wood-frame/stucco construction, HVAC throughout, 120/208 V 800 Amp Main with 5 sub-panels. 1 roll-up door, approximately 18' clear height, 5 offices, break room, and multiple restrooms. 2,475 SF Mezzanine storage included. 32 on-site parking spaces plus 13 available on street. Zoning is Light Industrial-Flex, which will allow future additional commercial retail use opportunities. Located close to State Route 23/118 Freeway access in the City of Moorpark, Ventura County, CA.

Listing agent (MLS): John Newton · Listing brokerage (MLS): John W. Newton & Associates, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,200,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Industrial

Home Size

42,689 sqft

Baths

Baths n/a

Lot Size

0.98 acres

Year

1984

Status

For Sale

Days on Market

362

$ / Sqft

$75

· 8% down, 7% APR, 30yr fixed
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Courtesy of John W. Newton & Associates, Inc.