959 Enterprise

San Jacinto, CA 92582

About this property

Specialized industrial opportunity located at 959 Enterprise Ave in the established Enterprise Avenue industrial corridor of San Jacinto. The property consists of a 7,675 SF industrial building on a 21,916 SF lot, zoned IL Industrial Light. Built in 1990 with pre-engineered steel construction, central HVAC, full utility connections, secure interior improvements, vault area, commercial security infrastructure, and specialized operational buildout. The property is offered as a fee simple industrial asset with existing improvements and infrastructure in place. The total offering price is $4,250,000 and includes the real estate component together with certain seller-owned business assets, FF&E, inventory, permits, and licensing-related matters, subject to the terms of the final purchase agreement and all applicable approvals. Seller-provided financial information reflects a 10.0% going-concern cap rate based on trailing twelve-month EBITDA and a 12.4% cap rate based on seller-provided normalized EBITDA. Buyer to independently verify zoning, permitted uses, licenses, permits, property condition, square footage, building systems, business assets, financial information, tax matters, regulatory matters, and all operational performance.

About this property

Specialized industrial opportunity located at 959 Enterprise Ave in the established Enterprise Avenue industrial corridor of San Jacinto. The property consists of a 7,675 SF industrial building on a 21,916 SF lot, zoned IL Industrial Light. Built in 1990 with pre-engineered steel construction, central HVAC, full utility connections, secure interior improvements, vault area, commercial security infrastructure, and specialized operational buildout. The property is offered as a fee simple industrial asset with existing improvements and infrastructure in place. The total offering price is $4,250,000 and includes the real estate component together with certain seller-owned business assets, FF&E, inventory, permits, and licensing-related matters, subject to the terms of the final purchase agreement and all applicable approvals. Seller-provided financial information reflects a 10.0% going-concern cap rate based on trailing twelve-month EBITDA and a 12.4% cap rate based on seller-provided normalized EBITDA. Buyer to independently verify zoning, permitted uses, licenses, permits, property condition, square footage, building systems, business assets, financial information, tax matters, regulatory matters, and all operational performance.

Features and Additional Information

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$4,250,000 Active
7,675 sqft

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
Compass
1-310-230-5478
Listed By Michael Onyemaobi
Brokerage: Compass

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