1980 Goetz Road, Perris, CA 92570
- $3,162,456
- List Price
- $3,162,456
- Status
- ACTIVE
- MLS#
- PW26172269
- Year Built
- 1991
- Lot Size
- 105,851
- Acres
- 2.43
- Lot Location
- Lot Over 40000 Sqft, Yard, Level
- Days on Market
- 17
- Property Type
- Commercial
- Property Sub Type
- Unimproved Land
Property Description
Income-producing industrial yard with an actual cap rate of 7.02 percent. Fully leased single-tenant NNN investment on approximately 2.43 acres (105,851 square feet of leased site area; no building square footage is represented). The executed 10-year lease commenced March 1, 2026 and expires February 28, 2036. Base rent begins September 1, 2026 at $18,500 per month after the initial six-month abatement, steps to $19,500 per month in Year 2, then increases 3 percent annually beginning in 2028. Level, rough-graded, fenced and gated yard with block-wall perimeter, water and electrical service, and office/support improvements. GI zoning supports industrial, trucking, storage, warehousing and manufacturing uses, subject to governmental approvals. Tenant use includes collection and processing of nonhazardous goods, including cement and concrete recycling. Sale is subject to the existing lease and tenant purchase rights. Buyer to verify all information and review the executed lease and addenda.
Additional Information
- Heat
- None
- Water
- See Remarks
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $222,000
Listing courtesy of Listing Agent: Chad Nasir (Sales@realestateca.org) from Listing Office: eXp Realty of California Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.