Office/Flex Space Available in Excellent Condition & Move-In Ready

Attractive building perfectly positioned to offer easy access, strong demographics and traffic generators. The subject property is strategically positioned in a highly accessible location, with frontage on N. Blythe adjacent to Costco on W. Shaw Ave, and less than one mile from Hwy 99. Nearby CA-41 Freeway, State Highway 99, 168 and 180 connect to all parts of central California. Surrounded by many national and regional retailers, a multitude of eateries, and boast high traffic counts on Shaw Avenue with great population density.100% Leased Investment Opportunity: ±3,264 SF freestanding building on ±0.26 Acres (±11,514 SF) of General, Professional, and/or Medical space off Blackstone on Shields Ave. Offers (5) economical separately metered spaces leased to long-term tenants on AIR lease forms. Value-add opportunity with actual rents of $34,974.31/year collected plus upside through rent increases. After Suite #A and #B’s under-market rates are addressed and the built-in rental increases are experienced, the realistic 12-18 month stabilized gross annual income is $40,260 (15.12% upside). Unique investment offering easy-to-rent small office spaces within an under-built market (replacement value of $546K) with a strong need for these type of spaces. Once stabilized, the deal offers a 11.75% cash-on-cash return when leveraged with 30% down (1.76 DCR). Features a functional floor plan that each tenant has made substantial tenant improvements to. Multiple configurations ranging from 493 SF up to 816 SF with the ability to combine spaces to create larger units. Clean office spaces with fresh paint, new hard-surface flooring, and move-in ready spaces! Each unit has access to high speed Internet, separate meters, access to clean restrooms, private entrances (w/ secured entry gate), 20+ outdoor LED lights during the night hours, and consists of demising walls (can be combined). Brand new asphalt slurry coat, HVAC's and roof are less than 10 years old, full LED exterior lit private parking (plus street), excellent corner signage, great visibility and easy access to CA-41 and CA-99 on/off ramps.±1,750 - 3,500 SF of upgraded industrial/flex suites. Each space has separate entrances, restrooms can be combined. #115 of ±1,750 SF consists of (1) private entrance, office, open area, (1) roll-up door, & HVAC warehouse & restroom. #120 of ±1,750 SF consists of (2) private offices, break area, open area, (1) roll-up door & (1) private restroom. Both units have large open bullpen areas, & private ADA restrooms, HVAC warehouse & can be combined. High-traffic intersection near Shaw Ave retail corridor with many national and local retailers in close proximity. The first-class recent remodel includes brand-new hard-surface flooring throughout, Brand New HVAC's, updated energy efficient features, LED lighting, fresh interior/exterior paint, brand new ADA restrooms, electric security gate, 20+ outdoor LED lights during the night hours, new parking lot and lush landscaping w fenced yard.