Historical Industrial Sale Listing - The Scotts Company Temecula Operations

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The Scotts Company Temecula Operations

42375 Remington Ave, Temecula, CA 92589

N/A

412,580 SF | Industrial

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The Scotts Company Temecula Operations

Industrial Property - Off Market

Price:
N/A
Building Size:
412,580 SF
Property Type:
Industrial
Property Sub-type:
Manufacturing
Property Use Type:
Investment
Cap Rate:
7.40%
Tenancy:
Single
Lot Size:
22.44 AC
Listing ID
13619076
Last Updated
over 1 year ago

Highlights

  • Long Term Secure Investment In Growing Area Adjacent To North San Diego County
  • State-of-the-Art Manufacturing and Distribution Facility
  • 2001 Construction
  • Long Term Net Lease with The Scotts Company Through August 31, 2016
  • The Scotts Company Rated BB with positive outlook by Standard & Poor's
  • Existing Assumable Debt of $22,167,000
  • Located Less Than Two Miles West Of Interstate 15

Description

42375 Remington Avenue consists of a state-of-the-art freestanding industrial warehouse/manufacturing facility strategically located in the City of Temecula, a highly desirable community located just north of San Diego County in Southern California. The Property, which was completed in 2001 and is 100% leased to The Scotts Company through August 31, 2016, serves as Scotts' national manufacturing and distribution center for plastic products used to apply lawn care products. The Scotts Company enjoys all of the amenities of a state-of-the-art distribution and manufacturing center, including a 190-ft. deep truck court, ESFR sprinkler system, and abundant parking.

Temecula is home to such Fortune 500 companies as Guidant, Blythe Corporation's subsidiary, Endar Corporation, and Bostik a subsidiary of French oil giant TOTAL FINA ELF. The Property is located less than two miles west of the 15 Freeway, which is convenient to the 215, 91, 60, and 10 Freeways, major arteries to Los Angeles, San Diego, and the Western United States.

Map of 42375 Remington Ave, Temecula, CA 92589

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Created 1/21/2003