2045 E Washington Blvd
Los Angeles, CA 90021
BNSF Lot 15 Railway Yard · Land For Sale
·
9.38 AC
Investment Highlights
- Land Value Opportunity $281.45 psf - B.N.S & F. Railroad (Credit Tenant)
- Core of the Central Los Angeles Industrial Area - Logistics Corridor. - 1 Block to the 10 Freeway
- Irreplaceable Large Parcel- Future Development Site - Environmentally Clean
- $205,380.57 Monthly Net income - Next Rent (3%) Increase 6/1/22 - Lease Expires August 2029
- Heavy Industrial M-3 Zoned - Unique & Prime DTLA Industrial Location
Property Facts
| Property Type | Land | Proposed Use | Industrial |
| Property Subtype | Industrial | Total Lot Size | 9.38 AC |
| Zoning | LA M-3 | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 9.38 AC |
| Zoning | LA M-3 |
Description
The Site Consists of a Fully Renovated Primary Distribution Facility Formerly Leased to Fedex Freight. Currently Leased to B.N.S.F. Railroad (Credit Tenant). The 10 Year Net Lease Contains Annual CPI Rent Adjustments. The Lease Commenced June 2019 - Expires September 2030. The Property Spans 408,593 Sq. Ft. of Fully Improved Land (9.38 Acres) with 54,560 Sq/Ft Consists of a 30,528 Sq/Ft Cross Dock With 74 Loading Doors, 20,000 Sq/Ft Service Shop Area & 4,000 Sq/Ft Office Structure. Located On Washington Blvd. Between Alameda Street and Santa Fe Avenue in the Core of the Central Los Angeles Industrial District's Logistics Corridor. Immediate #10 Freeway Access & Close To Downtown Freeways. Adjacent to XPO Logistics, 1st Transit Bus & Budget & Ryder Truck Rentals and the City of Los Angeles in the Heart of the Downtown Logistics Corridor. Over 600 Feet of Washington Boulevard Frontage.
