This Industrial Property is Off-Market.

1407 Truman Street
San Fernando, CA 91340 ·

70,922 SF · Industrial For Sale

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First Street Food Group, LLC

Price N/A Cap Rate 7%
Building Size 70,922 SF Occupancy 100%
Property Type Industrial Tenancy Single
Property Sub-type
Manufacturing
More...
  • Warehouse
  • Refrigerated/ Cold Storage
Year Built 1996
Property Use Type Investment Lot Size 3.19 AC
Listing ID: 14212267 Date Created: 05/17/2005 Last Updated: 07/05/2005

Description

Sale/Leaseback of a multiple building portfolio owned and occupied by First Street Food Group, LLC. The property improvements consist of 70,922 square feet of food processing, warehouse/freezer and office space situated on 3.19 acres of land in San Fernando, California.

The leaseback is for 10-years, NNN, with a first year annual rent of $490,000 ($6.91 PSF) and specific terms to be negotiated. The lease is to include an early termination option in year-3 with specific terms to be proposed.

All three properties are in close proximity to one another and located along the Metrolink Regional Commuter Rail System.
1) 1407 Truman Street, San Fernando, CA 91340 - Warehouse/Freezer Building 16,971 SF
2) 1516-1606, First Street, San Fernando, CA 91340 - 7 Bldgs. used for Food Processing/Office 43,831 SF
3) 1700, First Street, San Fernando, CA 91340 - Warehouse 10,120 SF

Highlights

  • Located on Metrolink Regional Commuter Rail System.
  • All Properties in San Fernando's Redevelopment Zone.

Research

1407 Truman Street, San Fernando, CA 91340 (Los Angeles County)

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