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- LoopNet Team
1168 N Grove St
Anaheim, CA 92806
Industrial Property For Sale
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Skylights
UTILITIES
- Water - City
- Sewer - City
ABOUT 1168 N GROVE ST , ANAHEIM, CA 92806
Subject property is in excellent condition. A rare opportunity to acquire a concrete tilt wall building building in Anaheim with a fenced yard, Dock high loading and excellent warehouse clearance. Property has excellent access to all Southern California freeways. Property is occupied by Odwalla (Parent Company is Coca Cola NYSE: KO) under a NNN lease until 5/31/2019. Odwalla has continued to occupy the premises since 2003. While Odwalla has no further lease options, they have expressed a desire to renew for an additional five (5) year term. In the event a new buyer arrives at a renewal arrangement with Odwalla the yield at asking price is approximately 4%. Alternatively new owner may wait until the lease expires and occupy the premises.
PROPERTY TAXES
| Parcel Number | 345-131-10 | Improvements Assessment | $1,058,536 |
| Land Assessment | $2,119,488 | Total Assessment | $3,178,024 |
PROPERTY TAXES
