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8891 Watson St 10,532 SF 100% Leased Office Building Cypress, CA 90630 $3,450,000 ($327.57/SF) 3.76% Cap Rate



Investment Highlights
- Fenced-in contractor yard.
- Multi-tenant office/commercial/industrial building.
- Large flex suite with 4,000 SF cold storage.
Executive Summary
Rare Cypress Investment and/or Owner-User Opportunity. Approximately 10,532 sq. ft. Commercial/Industrial Property on 19,602 sq. ft. corner lot. Ideal for both investors and/or owner-users. 100% occupied with individual electric meters. Featuring a large flex 5350 sq. ft. suite that includes approximately 4,350 sq. ft. of cold storage, plus a fenced-in contractor yard. Value added opportunity as majority of suites are under market value.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
10,532 SF
Building Class
B
Year Built
2000
Price
$3,450,000
Price Per SF
$327.57
Cap Rate
3.76%
NOI
$129,684
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,266 SF
Slab To Slab
11’
Building FAR
0.54
Lot Size
0.45 AC
Zoning
ML, Cypress - Commercial/Industrial Warehouse
Parking
25 Spaces (2.37 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Air Conditioning
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 262-412-05 | Total Assessment | $1,543,799 (2025) |
| Land Assessment | $558,811 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $984,988 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
262-412-05
Land Assessment
$558,811 (2025)
Improvements Assessment
$984,988 (2025)
Total Assessment
$1,543,799 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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8891 Watson St
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