17582 Gothard St California City, CA 93505

Property Details for 17582 Gothard St

Property size

14,940 SF

Property type

Warehouses

Property subtype

Office Spaces

Description

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.

Location Insight

City

California City

County

Kern

State

California

Longitude

-117.972

Latitude

35.1146