77110 Harrison St Thermal, CA 92274
- Refrigerated & Cold Storages
- 64,950 SF
- 40.00 lot acres
Current Use by Public Records
- Oasis Vegetable Exchange / Farm
Property Details for 77110 Harrison St
- Year built
- 1989
- Lot size
- 40.00 lot acres
- Property size
- 64,950 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Distribution centers
- APN
- 755-190-013
Description
This exceptional 64,950-square-foot cold storage and packing facility in Thermal, California, presents a compelling investment opportunity. Situated on a 40-acre parcel, the property boasts 25,350 square feet of climate-controlled storage and warehouse space, complemented by a 38,400-square-foot attached shade structure. The facility also includes 1,200 square feet of office and conference space, enhancing its functionality. Built in 1989 and extensively renovated in 2014, the property features 4 dock-high roll-up doors and a ceiling height ranging from 17 to 22 feet, ensuring efficient operations. The property benefits from a robust power supply of 1,000 amps. Additional income streams are generated by a cell tower and an agricultural lease. Located at the strategic intersection of Harrison Street, 77th Avenue, and Pierce Street, this facility enjoys convenient access to major transportation routes. The property is zoned W-2 and is located within an Opportunity Zone, offering potential tax advantages. The current lease, a NNN single-tenancy agreement, has a remaining term of approximately 1.6 years, expiring June 30, 2026, with an annual rent increase to $1,000 effective July 1, 2024. The APN is 755-190-013. This is a rare opportunity to acquire a well-maintained, income-producing cold storage facility in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thermal
- County
- Riverside
- State
- California
- Longitude
- -116.1114769
- Latitude
- 33.490755
