Wabash National/Supreme Truck Bodies Leased Investment

14045 Day Street, Moreno Valley, CA

Market Price

Price

3%

Cap Rate

$205,920

NOI

Overview
Cap Rate
3%
NOI
$205,920
Lot Area
2.665 acres
Description

Unique opportunity to purchase a national credit, NNN ground leased, industrial land investment in Moreno Valley, California. This approximately 2.665 acre site is leased to Wabash National for an initial 3 year term with two (2) three (3) year options to renew. Wabash currently owns the adjacent 2.7 acre site and another adjacent 19.12 acre site with an approx. 87,987 SF warehouse solidifying their presence in the market and long term vision for this site. Solid cash flow deal with no Landlord responsibility.

Excellent location in Moreno Valley with immediate access to the I-215 on both Alessandro Blvd. and Cactus Avenue. Current Moreno Valley Distribution & Manufacturing occupants include Amazon, Ross Dress for Less, Proctor & Gamble, Harbor Freight Tools, Walgreens, Sketchers, O'Reilly Automotive, Serta Simmons Mattress, Deckers Outdoor, Wabash/Supreme Truck Bodies, ALDI, Masonite Doors and Karma Automotive among others.


Location