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6614 Avenue 304
Visalia, CA 93291
Industrial Property For Sale
Executive Summary
This is a Sale Leaseback, with a 10% Cap rate.
Cannabis company to Lease the property for $5,000 a month.
Cannabis company to Lease the property for $5,000 a month.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 10.02% | Year Built | 1993 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.79 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 3,200 SF | ||
| Zoning | M-1 | ||
| Sale Type | Investment |
| Cap Rate | 10.02% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.79 AC |
| Rentable Building Area | 3,200 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
Property Taxes
| Parcel Number | 075-300-065-000 | Improvements Assessment | $255,000 |
| Land Assessment | $153,000 | Total Assessment | $408,000 |
Property Taxes
Parcel Number
075-300-065-000
Land Assessment
$153,000
Improvements Assessment
$255,000
Total Assessment
$408,000
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