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RANCHO CORDOVA WAREHOUSE

Sq Ft of Space For Sale:


RANCHO CORDOVA WAREHOUSE
2591 MERCANTILE DRIVE

Rancho Cordova, California, 95742
United States


Price $ 1550000
Cap Rate 6%
Commision Split 3%
Description: 16,000 sf tilt up wareouse 2000 sf of which is upstairs mezzanine. New Duro-last roof installed in 2008 with a 15 yr leak warranty transferable to buyer. New paint in 2008. Good opportunity for owner/user: All current leases expire at year end; until then, buyer can collect approx. $6,500/mo. in rents. Approx. 8,500 sf of security fenced yard space. Building is fire sprinklered. Three phase electricity and high speed internet in building. Zoned M1, building can be used for anything from industrial to retail. Seller will carry paper for 25 years at 5% with 20% down!!!

GREAT LOCATION!!!Top of the "T" at Trade Center and Mercantile. Hwy 50 exit Sunrise South, Trade center left to "T". Great exposure at this intersection. When people stop at the intersection, they are looking right at the building.
Highlights:
  • Possible terms 20%down, Owner carry 5% 25yr,,,,
  • All leases spire year end, ready for owner/occupant

Property Type
Primary Use Showroom/Flex/R&D
Total Building Size 16000
Number of Floors 0
Year Built 1979
Contruction Stage Existing
Total Lot Size 1 Acres
Building Class Industrial/Warehouse
Available Parking Free
Space Availability
Space Available Sq Ft
Min Divisible Sq Ft
Max Contiguous Sq Ft
Is This a Sub Lease

Primary Contact JED PARKER
Company Name Owner
Phone 916-417-1700
Email Jedparker@live.com

Posted By Jed Parker
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