Auction - Multi-Tenant Industrial Property

    Auction - Multi-Tenant Industrial Property 17866 Valley Boulevard is multiple tenant industrial property, built in 1990 and consisting of three 12,000 square foot, metal industrial...
    Status: Active   Price: Not Disclosed   Bldg. Size: 36,000 SF   Cap Rate: 20.00%
    Primary Type: Industrial   Sub-Type: Warehouse

    Description

    17866 Valley Boulevard is multiple tenant industrial property, built in 1990 and consisting of three 12,000 square foot, metal industrial buildings situated on 2.24 acres in Bloomington, CA. The property is located just north of I-10 and provides easy access to highway, rail and air. The property is currently 72% occupied and is generating a Net Operating Income of $162,000.
    Proforma NOI is $191,000 with a stabilized occupancy of 90%

    On-Site Inspections 11 AM - 1 PM
    October 5, 12, 19 & 22

    Sealed Bid Deadline:
    Bids are due on October 27, 2011 by
    2:00 pm Pacific Daylight Time, delivered to the offices of Sheldon Good & Company,
    333 West Wacker Drive, Chicago, IL, 60606.
    Attn: Valley Blvd. Project Manager

    Buyer's Premium: A 5% Buyer' s Premium will be added to the High Bid Price, per the Terms of Sale.

    Broker Participation Invited: A 2% referral fee will be paid by the Seller to the REALTORВ®/Broker whose registered buyer closes on this property.
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