959 Enterprise, San Jacinto, CA 92582

$4,250,000

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List Price
$4,250,000
Status
ACTIVE
MLS#
SW26148047
Year Built
1990
Lot Size
20,909
Acres
0.48
Days on Market
28
Property Type
Commercial
Property Sub Type
Industrial

Property Description

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.

Additional Information

Taxes
$8,528
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Flat
Water
Public, Private
Attached Structure
Detached
Gross Scheduled Income
$1,174,925
Operating Expense
748767

Listing courtesy of Listing Agent: Michael Onyemaobi (Mike.onyemaobi@compass.com) from Listing Office: Compass.

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Calculator source: Real Geeks

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.