Basics
Area 17000 sq ft | Lot size 51401 sq ft | Year built 1956 |
Description
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Description:
Property Description: Premium 17,000 sq ft Commercial Warehouse with Office Space - Ideal NNN Investment Opportunity
Introducing a versatile 17,000 sq ft commercial warehouse with 3,000 sq ft dedicated to well-appointed office space, making it a prime investment for any discerning investor. Featuring a rare NNN lease arrangement, the property is tenanted by an A-rated, creditworthy tenant who ensures reliability and peace of mind. Tenant is Compass Group and is traded on the London Stock Exchange under symbol CPG.L. It is also a constituent of the FTSE 100 Index and a Fortune Global 500 company. Compass is the guarantor to the lease. They're a very reputable tenant. https://www.compass-usa.com/
Property Highlights:
- Office Space (3,000 sq ft): Includes 8 private offices, a conference room, employee break room, and 2 bathrooms. The office area is equipped with centralized heating and cooling, providing a comfortable workspace year-round.
- Warehouse Space (14,000 sq ft): High-functioning warehouse with varying ceiling heights—24 ft in the rear and 18 ft at the front—ideal for diverse storage needs. Equipped with numerous loading docks, this space ensures efficient logistics.
Enhanced Security & Structure:
- The property is fenced with an electric gate entrance, upgraded 3 years ago, offering secure access and heightened security for both personnel and inventory.
- Constructed from steel, block, and drywall—no wood—this non-combustible building provides a safer environment and better insurance rates.
Upgrades & Maintenance:
- Modernized Electrical: The building features upgraded electrical systems to support demanding operational needs.
- HVAC: Two 5-ton rooftop units supply heating and cooling to the office, while the industrial side remains uncooled.
- Roof: Flat rubber roofing, only 5 years old, ensures durability and low maintenance.
- Recent Improvements (2023): Metal siding was replaced, the parking lot was resealed, and a section of the concrete pad by the entrance gate was renewed for an enhanced exterior.
This property, designed with longevity and low maintenance in mind, is a rare find with its robust construction, strategic layout, and high-performance upgrades. Perfect for investors seeking steady income from a NNN lease with a responsible, long-term tenant in place.
Location
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