1045 1st St El Centro, CA 92243

This exceptional investment opportunity presents a 20,000-square-foot industrial warehouse located at 1045 S 1st St, El Centro, CA 92243. The property boasts a 7.96% cap rate and a strong net lease with a remaining term of approximately 2.4 years (expiring March 31, 2027). The single-tenant, 100% occupied warehouse features three dock-high doors, three truck wells, and a 16-foot ceiling height with ample natural light from skylights. Additional features include a small office and storage area, a fenced yard, and sits on a 1.12-acre lot (APN: 053-312-038-000). The lease commenced April 1, 2021, and includes rent bumps. The asking price is $799,000, translating to $39.95 per square foot. This is a NNN (Net, Net, Net) lease with no tenant credit rating available. The property's strong occupancy and favorable lease terms make it an attractive investment for those seeking a stable, high-return asset in Imperial County, California. The building is a single-story structure. No lease options are available.