554 Flinn Avenue

Moorpark, CA 93021

About this property

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.

About this property

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.

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$3,200,000 Active
17,772 sqft

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Get in touch today! Phone: 1-760-684-8100
License #01902736
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John W. Newton & Associates, Inc.
1-805-529-3494
Listed By John Newton
Brokerage: John W. Newton & Associates, Inc.

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