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This Class A light industrial building has been occupied by the same tenant for close to 25 years and is an outstanding investment opportunity. The building is approximately 65% warehouse and 35% office space and is in outstanding condition throughout. The current rent is well under fair market value. The tenant is prepared to sign a long-term lease extension at closing at a starting rate of $.815 per square foot per month, triple net*. This is a blended rent considering the office and the warehouse space and is equal to or less than our estimate of fair market rent. The subject property is visible to Interstate 5 and less than 1/2 mile from the Highway 20 interchange. * Please inquire with the listing agent for details on the future lease.
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