Just leased a high visibility industrial location, minutes away from the 5 freeway. What’s make this property unique? It’s considered M3 zone, which allows for recycling centers and other heavy industrial uses. My client was having a hard time finding properties with M3 zoning, but because we focus strictly on industrial and commercial properties, I was able to find him a M3 zone property within a month.
Today there is very limited M3 zoned lands, which is why it’s almost $0.50 cents a square foot without a building on the property. We were able to secure the lease at $0.47 cents a square foot on a 2 year deal. The property also comes with a 150 square foot office.
REPRESENTED LEASEE – INDUSTRIAL LAND
11115 Tuxford St, Sun Valley
11115 Tuxford St, Sun Valley
Leased:
$5,000/month ($0.47/SF)
- Industrial Land
Property Information
Property Type
Industrial Land
Lot Size
10,610 SF
Asking Price
N/A
Parcel
N/A
Zoning
M3
Building Size
150 SF
Year Built
N/A
Sale Type
N/A
Use Code
Industrial Land
Price /SF
$0.47 SF
Sale Date
N/A
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