Tag Archives: leased investment

Available Property, Food Industry

Triple Net NNN Leased Investment 5% Cap Rate

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This 7,500 square foot noodle manufacturing facility is located in DTLA. Sakura Noodle has occupied the concrete block building since it was built in 1980. They have a year left on their NNN lease where an investor could buy this at a 5.3% cap rate. Or a user could purchase it and ask the tenant to leave earlier.

This is a rare triple net leased investment warehouse in Downtown Los Angeles and is the only such investment in the larger industrial submarket.

The property has a fenced yard in the rear with ground level loading doors and 17′ high roof. Located in Downtown Los Angeles, the property zone is industrial, M2. There are floor drains and 400 amp power panel for food production of Japanese ramen and udon noodles.

Feel free to request detailed information.

Available Property, Food Industry

$10M Leased Investment , Los Angeles Industrial Building

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Triple Net NNN Leased Industrial Real Estate Investment Property for sale

Rare opportunity in the tight Southern California industrial real estate market to acquire an investment property with a long term lease with an established tenant.

This industrial building was leased on November 1, 2021 to a food production company for 10 years on a triple net NNN basis. Rent is $455,000 per year with annual increases of 3%. The company was established in 1994 and has grown since then into a few larger buildings ending up in this facility.

The building was originally constructed in 1971 and then remodeled in 2006 as a food production facility. Food improvements include refrigeration (coolers and freezers), floor drains, clarifier, food grade walls, hoods in commercial kitchen as in commissary, boiler, test lab, and other improvements to qualify for USDA and Organic food safety certifications.

Building square footage is approximately 31,326 and land square footage is 49,960 on industrial zoned land. Located near the major Los Angeles ports and LAX.