45600 Citrus Ave | Indio, CA 92201
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- LoopNet Team
45600 Citrus Ave
Indio, CA 92201
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Strong National Tenant H&E Equipment Services (HEES) is traded on the NASDAQ; and is one of the largest integrated equipment services companies in US
- Long-Term NNN Lease -5-year NNN lease commencing 7/1/2022 with 3.0% annual increases followed by three successive option periods of 5 years.
- Recent Improvements – H&E is slated to invest upwards of $500,000 for improvements into the space.
- Capitalization Rate – Year 1 Capitalization Rate 5.10%. Average Term Capitalization Rate 5.42%.
- SoCal Location – 120 miles east of Los Angeles, Indio is centrally located with major north/south & east/west rail, road and air networks.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 2000 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 2.00 AC | Clear Ceiling Height | 28’ |
| Rentable Building Area | 20,000 SF | No. Drive In / Grade-Level Doors | 3 |
| No. Stories | 1 | ||
| Zoning | M - Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.00 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 1.75/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M - Light Industrial |
AMENITIES
- Cooler
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 611-410-059 | Improvements Assessment | $1,953,264 |
| Land Assessment | $591,896 | Total Assessment | $2,545,160 |
PROPERTY TAXES
Parcel Number
611-410-059
Land Assessment
$591,896
Improvements Assessment
$1,953,264
Total Assessment
$2,545,160
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