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1249 E Ridgecrest Blvd 1249 E Ridgecrest Blvd 10,780 SF 75% Leased Office Building Ridgecrest, CA 93555 $850,000 ($78.85/SF)
EXECUTIVE SUMMARY
This is a fantastic opportunity for investors with a long-term tenant in place. The current lease with Alutiiq runs until 2027, with the following rental schedule: $7,175.00 for 2024, $7,390.00 for 2025, $7,610.00 for 2026, and $7,840.00 for the final year. The tenant has also purchased and paved the adjacent land for their vehicles and fenced it. They are unable to commit to a new lease until their contract with Naws China Lake is up in 2027. This location is ideal for the contract, and the tenant has been here for over 20 years. Additionally, there is approximately 2,700 sq. ft. of office space available for rent now. Don't miss out on this exceptional investment opportunity!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
10,780 SF
Building Class
C
Year Built
1982
Price
$850,000
Price Per SF
$78.85
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,390 SF
Building FAR
0.24
Lot Size
1.03 AC
Zoning
Misc Commercial Services - Misc Commercial Services - (City)
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PROPERTY TAXES
| Parcel Number | 343-230-11-00-9 | Improvements Assessment | $618,898 |
| Land Assessment | $32,558 | Total Assessment | $651,456 |
PROPERTY TAXES
Parcel Number
343-230-11-00-9
Land Assessment
$32,558
Improvements Assessment
$618,898
Total Assessment
$651,456
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Western Homes Realty
1249 E Ridgecrest Blvd | 1249 E Ridgecrest Blvd
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