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735 E Heil Ave 24,970 SF Industrial Building El Centro, CA 92243 $4,256,431 ($170.46/SF) 6.50% Cap Rate

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Investment Highlights

Subsidiary of Investment-Grade, Best-In-Class Parent
Passive NN Lease with Minimal Landlord Responsibility
Strong Logistics Location

Annual Increases
Recent Build-to-Suit
15 Minutes From Major Military Installation

Executive Summary

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the Goodman Distribution, Inc.
Property located at 735 E. Heil Ave, El Centro, California 92243 (the “Property”).
Constructed in 2019, the Property totals 24,970 square feet on 2.30 acres and is leased to Goodman Distribution, Inc. under a NN lease with approximately 3.5 years of remaining term. Landlord responsibilities are limited to roof, structure, HVAC, and parking, providing a favorable balance of stability and limited management obligations. The lease features annual rent escalations, providing steady income growth and generates a Net Operating Income of $276,668 effective 3/1/2026.

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Property Facts

Price	$4,256,431	Rentable Building Area	24,970 SF
Price Per SF	$170.46	No. Stories	1
Sale Type	Investment	Year Built	2019
Cap Rate	6.50%	Tenancy	Single
Property Type	Industrial	Parking Ratio	1/1,000 SF
Property Subtype	Showroom Industrial Manufacturing	No. Dock-High Doors/Loading	2
Building Class	B	No. Drive In / Grade-Level Doors	2
Lot Size	2.25 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commercial

Price	$4,256,431
Price Per SF	$170.46
Sale Type	Investment
Cap Rate	6.50%
Property Type	Industrial
Property Subtype	Showroom Industrial Manufacturing
Building Class	B
Lot Size	2.25 AC
Rentable Building Area	24,970 SF
No. Stories	1
Year Built	2019
Tenancy	Single
Parking Ratio	1/1,000 SF
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commercial

Major Tenants

Manufacturing
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Daikin Industries began in 1924 when Akira Yamada established a metalworking business in Osaka, Japan. The company pioneered fluorocarbon refrigerants in the 1930s and developed Japan's first packaged air conditioner in 1938. Daikin expanded into residential and commercial HVAC systems during the 1950s and 1960s. The 1982 invention of VRV technology transformed commercial climate control. Through acquisitions including McQuay in 2006 and Goodman Global in 2012, Daikin became a global HVAC leader. Today, the company operates in numerous countries with diverse product lines spanning air conditioning, chemicals, and hydraulics.