Sold
319 S. Lemon Creek & 20241 Valley Blvd.
$6,500,000
Walnut, California
Property Type
Industrial
Size
34,915 SQ FT.
Year Built
1987
Type of Sale
Receivership
319 Lemon Creek Dr & 20241 Valley Blvd. represent a prime Industrial Service center in the incorporated city of Walnut. Comprising two Commercial/Light Industrial buildings, the combined subject properties offer a generous Rentable Building Area (RBA) of 34,915 Sq. Ft. (Rent Roll) and are situated on a spacious 155,672 Sq. Ft. lot. The properties consist of 26 total units, 18 of which are currently tenant occupied, leaving 8 units currently vacant.
The subject property serves as a prominent Automotive Business Center with visible street signage and convenient access to nearby highways and major transportation arteries. Additionally, the ample parking available on-site provides 89 surface spaces and convenient access for consumers and tenants.
This opportunity holds significant potential for Investors looking to reposition the property with a new tenant base and increase market rents on a NNN basis.
Sale is subject to Court Confirmation and possible overbid. Property is Please contact Agents with any questions. The property is to be sold “AS IS” “WHERE IS” condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including permits & uses, SQFT, and accuracy of all information provided.