Description
Outstanding opportunity for an investor or developer to purchase 87.5 of linear frontage along Rosecrans Avenue just east of the signalized corner of Rosecrans Avenue and Lemoli Avenue; the property consists of a gated, fenced and lighted concrete yard; currently occupied by the adjacent body shop operation through July 31, 2026 with no options to extend; the current monthly rent is $3,602.26 NNN (increases to $4,541.98 on August 1, 2024 and to $5,481.70 on August 1, 2025); no property tax stop in the lease agreement
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Outstanding opportunity for an investor or developer to purchase 87.5 of linear frontage along Rosecrans Avenue just east of the signalized corner of Rosecrans Avenue and Lemoli Avenue; the property consists of a gated, fenced and lighted concrete yard; currently occupied by the adjacent body shop operation through July 31, 2026 with no options to extend; the current monthly rent is $3,602.26 NNN (increases to $4,541.98 on August 1, 2024 and to $5,481.70 on August 1, 2025); no property tax stop in the lease agreement
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-11T14:28:48.56. 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 deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.