10615 Ruchti Road
10615 Ruchti Road South Gate, California 90280 United States

$14,250,000
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Great Investment Opportunity...100% Occupied Triple Net Lease offers a stable cash flow with fixed annual 3% rent increases over the lease term 5% Cap Rate Food Processing & Cold Storage warehouse Facility. the lease agreement is based on the...

Compass

Listing Courtesy of Compass
$14,250,000
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2.38 Acres
Exterior
Industrial
Property type
1931
Year Built
SR21163819
Web Id
SR21163819
MLS ID
Downey Unified
School District
128
days ago

About 10615 Ruchti Road

Great Investment Opportunity...100% Occupied Triple Net Lease offers a stable cash flow with fixed annual 3% rent increases over the lease term 5% Cap Rate Food Processing & Cold Storage warehouse Facility. the lease agreement is based on the 44,500 SF additional 700 sqft added with permits by the tenant lease also mentions that the lot size is 116,740 sqft = about 2.5 acres 3000 SF of Offices Ample Parking 13 Dock High Doors 2,000 Amps...The property offers stable cash flow with fixed annual 3% rent increases over the lease term. The lease is backed by BPCP SALSA HOLDINGS LLC, part of Blue Point Capital Partners and its Blue Point III portfolio company, Italian Rose Gourmet Products, announced the acquisition of La Mexicana Food Products, a fresh, refrigerated salsa manufacturer based in Los Angeles, California. This transaction represents the first add-on acquisition for Italian Rose since Blue Point acquired the platform investment in November of 2017. Italian Rose, headquartered in West Palm Beach, Florida, is a leading manufacturer and distributor of premium salsas, dips, sauces and spreads to major retail and foodservice channels. The addition of La Mexicanas West Coast operations to Italian Roses East Coast presence will put the combined Company in a select universe of truly national salsa producers, as well as provide increased scale, production diversity and product breadth to both companies customers.

Listing Courtesy of Stephen White, Compass, 02009880, Essi Shilati, Compass, 00708972, Active

PROPERTY INFORMATION

Water
Public

EXTERIOR

Lot Description
Lot Over 40000 Sqft

10615 Ruchti Road, South Gate, California 90280 United States is a Industrial for Sale for $14,250,000. Was built in 1931,  on a lot of 2.38 Acres ( m2) and it's composed from .


Listing Courtesy of Compass

Compass

Listing Courtesy of Compass
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Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.