554 Flinn AvenueMoorpark, CA 93021

Description

Great investment opportunity. Tenant is a long-term, hi-tech (Optics, Phototonics Engineering & Manufacturing) Industrial operator, in a high-security environment. Gooch & Housego is an entity of an International Corporation, www.gandh.com. Existing 5-year lease term to September 20, 2030. Lease rate $.85/SF NNN, $13,047.50 per month plus annual CPI. Approximate Cap Rate 4.9. Lease contracts available for review and assumption. Free-Standing, one story, wood-frame/stucco construction, HVAC throughout, 120/208 V 800 Amp Main with 5 sub-panels. 1 roll-up door, approximately 18' clear height, 5 offices, break room, and multiple restrooms. 2,475 SF Mezzanine storage included. 32 on-site parking spaces plus 13 available on street. Zoning is Light Industrial-Flex, which will allow future additional commercial retail use opportunities. Located close to State Route 23/118 Freeway access in the City of Moorpark, Ventura County, CA.

Property Information

Property type

Commercial Sale

Sub-type

Industrial

Year built

1984

Stories

1

Building area

17,772 Sq Ft

Lot size

0.98 acres

Parking spaces

45

Zoning

Industrial-Flex

Days on market

338

MLS^® Listing#

SR25256231

Property Features

Cooling

Heat Pump · Zoned

Heating

Forced Air · Heat Pump · Natural Gas · Zoned

Laundry

None

Fencing

Block

Lot features

Level · Corner Lot · Cul-De-Sac · Near Public Transit · Paved · Rectangular Lot

Construction

Ducts Professionally Air-Sealed · Frame · Stucco

Roof

Asphalt · Flat · Rolled/Hot Mop

Security

Security System · Fire Sprinkler System · 24 Hour Security

Utilities

Cable Connected · Electricity Connected · Natural Gas Connected · Phone Connected · Sewer Connected · Water Connected

Water source

Public

Financial Details

Annual taxes

$15,180Tax year 2024

Parcel number

5120172025

Directions

23/118 to L.A. Ave West to Spring Road North to Flinn East