For Sale - Fully Leased Flex Industrial - Toyota Motor Sales

340 Fischer Avenue, Costa Mesa, CA

$7,000,000

Price

3.83%

Cap Rate

$268,104

NOI

Overview
Cap Rate
3.83%
NOI
$268,104
Building Size
31,424 sqft
Lot Area
2.39 acres
Occupancy
100%
Year Built
1970
Zoning
MP Costa Mesa
Tenancy
Single
Floors
1
Lease Expire Year
12/31/2023
Description


340 Fischer Ave. is 100% leased to Toyota Motor Sales. Toyota has been in the building since 2002. In 2014, they executed a new 10 year lease that expires December 31, 2023. The freestanding building totals 31,424 SF and is located in Costa Mesa, California, located minutes from John Wayne International Airport.

The building is 100% improved with drop ceiling throughout. The building is 100% HVAC and has 4.2/1,000 parking. Toyota manufactures parts for race car engines in the building. The facility is primarily open space with numberous engineering functions throughout. The facility operates with two

Documents
Title
340 Fischer Flyer1.pdf
Location
Gallery