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2575 El Presidio St
Carson, CA 90810
Industrial Property For Sale
Investment Highlights
- Newly executed 15-year renewal with 3.5% increases and termination options in Mar 2031 and Mar 2036
- Attractive Assumable Life Co Loan - $15.9 M outstanding balance, 3 yrs & 2 mos of remaining term, 3.49% interest only, non-recourse
- CapEx work since 2021 includes full roof replacement, upgraded HVAC systems and new boilers
- 100% leased to Texollini, Inc (backed by a W 523B market cap Korean apparel company Hansae)
- Highly-specialized business operation specific to the Property capable of producing 1 million pounds of fabric each month
- 4,000 Amps Heavy power provides optionality
Executive Summary
CBRE is pleased to present the opportunity to acquire 2575 E El Presidio Street (“The Property”), a 174,146 SF, highly-specialized, light manufacturing
and distribution building located in Carson, CA. The Property is 100% leased to Texollini (“Tenant”), a textile manufacturer and wholly-owned subsidiary
of Hansae Co. Ltd., one of the largest South Korean clothing manufacturers. Texollini took occupancy in 1993 and owned the Property before selling
to current Ownership in 2021. The Property is critical to the Tenant’s operations and includes a vertically integrated knitting mill and specialized water
circulation system essential to their operation. This irreplaceable Carson location is in the heart of the South Bay Industrial market and within 10 miles of
the Ports.
and distribution building located in Carson, CA. The Property is 100% leased to Texollini (“Tenant”), a textile manufacturer and wholly-owned subsidiary
of Hansae Co. Ltd., one of the largest South Korean clothing manufacturers. Texollini took occupancy in 1993 and owned the Property before selling
to current Ownership in 2021. The Property is critical to the Tenant’s operations and includes a vertically integrated knitting mill and specialized water
circulation system essential to their operation. This irreplaceable Carson location is in the heart of the South Bay Industrial market and within 10 miles of
the Ports.
Property Facts In Escrow
Amenities
- Fenced Lot
- Signage
Utilities
- Gas - Natural
Property Taxes
| Parcel Number | 7306-023-061 | Improvements Assessment | $8,026,234 |
| Land Assessment | $24,446,729 | Total Assessment | $32,472,963 |
Property Taxes
Parcel Number
7306-023-061
Land Assessment
$24,446,729
Improvements Assessment
$8,026,234
Total Assessment
$32,472,963
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