Property summary
This exceptional investment opportunity presents two freestanding industrial buildings totaling 14,940 square feet situated on approximately 43,038 square feet of land in Huntington Beach, California. The property, located at 17592 Gothard Street, features two buildings constructed in 1989 with concrete tilt-up construction. The buildings boast prominent Gothard Street frontage, grade-level loading, fenced yards, ample office space, and substantial heavy power. The property is zoned RT - Research Technology and includes two dock-high doors and 1.75 parking spaces per 1,000 square feet. Currently leased under a NNN lease agreement with a single tenant since December 14, 2015, expiring December 13, 2025, the property generates a substantial net operating income (NOI) of $106,001.40. The asking price is $3,032,640, representing a price per square foot of $405. The strategic location along the Gothard Street industrial corridor provides convenient access to the 405 and 22 freeways, nearby retail amenities, and proximity to affluent residential areas and major airports (John Wayne, Long Beach, and Los Angeles International), as well as the ports of Long Beach and San Pedro. The long-term tenant has made significant capital improvements, increasing the likelihood of lease renewal and providing a stable cash flow. This presents a compelling opportunity for investors seeking a strong return in a desirable West Orange County location.
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