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    OFF-MARKET
    Warehouses

    17582 Gothard St, California City, CA 93505

    14,940 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two freestanding industrial buildings totaling 14,940 square feet situated on two contiguous parcels encompassing approximately 43,038 square feet in Huntington Beach, California. Located within the highly sought-after West Orange County submarket, these buildings boast a prime location along the Gothard Street industrial corridor, offering convenient access to the 405 and 22 freeways. The property features two buildings constructed in 1980 and 1989, respectively, with concrete tilt-up construction. Each building offers attractive features including prominent Gothard Street frontage, grade-level loading, substantial fenced yard space, ample office areas, and a well-distributed heavy power supply. Ceiling heights range from 16 to 17 feet. The property includes 2.5 parking spaces per 1,000 square feet. Currently occupied by a long-term tenant (over 20 years) with significant capital investments in building equipment, this presents a stable cash flow opportunity with potential for future rent increases. The property is zoned RT - Research Technology and benefits from easy access to major airports (John Wayne, Long Beach, and LAX) and the ports of Long Beach and San Pedro. The asking price is $6,050,700, representing a price per square foot of $405. The lease is a NNN single-tenancy agreement commencing December 14, 2015, and expiring December 13, 2024. This property offers a compelling combination of strong tenant occupancy, desirable location, and significant upside potential.

    Property profile
    Verified
    Property type Warehouses
    Total area 14,940 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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