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WAREHOUSE FACILITY FOR LEASE

83995 Ave 66, Thermal Property Image Web
83-995 AVENUE 66, THERMAL, CA

FEATURES

  • Approximately 5,500 SF Warehouse
  • Approximately 1,300 SF Office
  • Shaded loading area and additional out buildings (Steamers)
  • Over one acre with fenced yard
  • Building includes concrete block construction, warehouse with office and small second floor mezzanine office. Concrete loading area with overhang. Two small team rooms with in fenced yard area. Two roll up doors.

LEASE RATE: $6,500/MOS MG

VICINITY MAP

83995 Ave 66, Thermal Zoomed Aerial Web

Amenities

  • Location: The property is located at the southwest corner of Avenue 66 and Van Buren Street in Thermal, CA.
  • Zoning: A-1-10 (Light Agricultural, 10 acre minimum lot size)
  • Building Improvements:
    Concrete Block construction, warehouse with office and small second floor mezzanine office. Concrete loading area with overhang. Two small team rooms with in fenced yard area. Two roll-up doors.
  • Parcel Size: Total Parcel: 8.89 AC
  • Site: Approximately 1 acre
  • APN: a portion of 753-350-013
  • Utilities:
    Electricity: 220 & 110 volts;
    Panel 1: 200 amps/3 phase
    Panel 2: 100 amps/3 phase
    Panel 3: 100 amps/single phase
    Septic, Well, Propane
  • Year Built: 1983

OPPORTUNITY ZONE

Why is investing in an Opportunity Zone better than a 1031 Exchange?

Temporary Deferral:
Similar to a 1031 Exchange.

Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation. Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income

Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.

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Attatchments
Disclaimer

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property. ref: 10/08/21 JC

Contact
Susan Harvey profile photo

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590

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Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner profile photo

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492