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1201 E Lexington Ave 236,907 SF Industrial Building Pomona, CA 91766 $41,350,000 ($174.54/SF) 6% Cap Rate
Investment Highlights
- Large Fenced Yard
- 5,000 SF of Mezzanine Space
- Easy Access to 60, 71, and 10 Freeways
Executive Summary
This investment sale has an extensive of long-term tenancy. The three buildings are 100% leased with four tenants. The property has a large, fenced yard and has heavy power. The property provides direct access to 60 Freeway via Reservoir St with easy access to the 60,71, and 10 freeway corridors.
Property Facts
| Price | $41,350,000 | Rentable Building Area | 236,907 SF |
| Price Per SF | $174.54 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1946/1996 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.51/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 30’ |
| Building Class | C | No. Dock-High Doors/Loading | 18 |
| Lot Size | 11.74 AC | No. Drive In / Grade-Level Doors | 22 |
| Zoning | M1, Pomona - Industrial | ||
| Price | $41,350,000 |
| Price Per SF | $174.54 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 11.74 AC |
| Rentable Building Area | 236,907 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1946/1996 |
| Tenancy | Single |
| Parking Ratio | 0.51/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 18 |
| No. Drive In / Grade-Level Doors | 22 |
| Zoning | M1, Pomona - Industrial |
Amenities
- Fenced Lot
- Reception
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Property Taxes
| Parcel Number | 8328-015-023 | Improvements Assessment | $5,346,027 |
| Land Assessment | $9,194,645 | Total Assessment | $14,540,672 |
Property Taxes
Parcel Number
8328-015-023
Land Assessment
$9,194,645
Improvements Assessment
$5,346,027
Total Assessment
$14,540,672
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1201 E Lexington Ave
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