Single tenant Investment – bow truss construction – light industrial – manufacturing facility – long term 30 plus years tenancy with same business – 7 yrs remaining of 10 yr lease with annual inflation fighting cost of living adjustments per local CPI – tremendous upside in value add opportunity upon lease expiration – lowest priced cost per foot in Torrance Industrial Market – recent upgrades include new roof 2023 – electrical box and bathroom (now under construction) – Prime Location on a major commercial corridor with close proximity to the 110, 105 and 405 freeway system – This is a fantastic opportunity to purchase a single tenant investment priced below market values for similar properties. Gross monthly rental is $3,894 (next CPI annual increase – 9/25).
Sale is subject to cancellation of the existing escrow now being terminated.