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1980 Goetz Rd
Perris, CA 92570
7.02% Cap Rate NNN Industrial Investment · Land For Sale
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2.43 AC
Investment Highlights
- 100% leased single-tenant NNN industrial investment | 7.02% cap rate
- Contracted rent growth: $19,500/month in Year 2, then 3% annual increases
- Monarch Holdings Group LLC - non-hazardous materials and concrete recycling use
- Lease through Feb. 28, 2036 - approximately 9.5 years remaining
- 2.43-acre fenced and gated GI-zoned industrial yard
- Sale subject to existing lease and tenant purchase rights
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $3,162,456 | Lot Size | 2.43 AC |
| Price Per AC | $1,301,422.22 |
| Price | $3,162,456 |
| Price Per AC | $1,301,422.22 |
| Lot Size | 2.43 AC |
2.43-acre, fully fenced and gated industrial yard at Goetz Rd and Malbert St. Level, rough-graded site with block-wall perimeter, utilities and GI zoning, offered subject to an existing single-tenant NNN lease.
Description
1980 Goetz Rd is offered as a fully leased, single-tenant industrial investment on approximately 2.43 acres in Perris. Monarch Holdings Group LLC occupies the site under an executed NNN lease through February 28, 2036. The tenant's permitted use is the collection and processing of non-hazardous goods, including cement and concrete recycling. The level, rough-graded yard is secured by perimeter block walls and gated access and includes on-site office/support improvements, utilities and direct access from Goetz Rd and Malbert St. GI zoning supports a broad range of industrial, trucking, storage, warehousing and manufacturing uses, subject to governmental approvals. The lease provides contracted rent growth: $18,500 per month beginning September 1, 2026 after the initial abatement period, $19,500 per month in Year 2, and 3% annual increases beginning in 2028. The NNN structure requires the tenant to reimburse operating expenses, real property taxes, insurance and property-management charges, subject to the lease terms and reconciliation. The property is offered subject to the existing lease and tenant purchase rights. Prospective buyers should independently verify all property information and review the fully executed lease and addenda. Do not disturb the tenant; tours by appointment through the listing broker.
Property Taxes
| Parcel Number | 330-040-034 | Improvements Assessment | $306,466 |
| Land Assessment | $739,205 | Total Assessment | $1,045,671 |
Property Taxes
