16125 Widmere Rd Arvin, CA 93203-9307

This exceptional 48,000-square-foot industrial property, located at 16125 Widmere Road in Arvin, California, presents a compelling investment opportunity. The single-story, 1972-built facility sits on a 4.55-acre lot and is zoned M-2, County of Kern. Currently operating at 100% occupancy with a lease expiring in June 2023, this Class C building offers significant potential. Key features include a heavy power supply, conditioned warehouse space, a fully fenced and partially paved yard, and convenient access via truck well and rail spur. The low coverage ratio of 24.2% allows for expansion or additional yard storage. Priced at $3,950,000 ($82.29/SF), this property represents a strong value proposition, significantly below replacement cost, and offers a 1.50% cap rate. The property consists of one unit and is offered as a NNN lease. This is a rare opportunity to acquire a well-located industrial asset in a market with limited comparable properties. The APN is 198-100-09. The property's strategic location in Arvin, CA, zip code 93203, provides easy access to major transportation routes.