Ontario Warehouse for sale

Warehouse Description

This architectural masterpiece, the Hensley-Torta Building, boasts 20 fully occupied units in Ontario. Renovated in 2019, it generates a 5.05% cap rate with in-place rents. However, with tenants on month-to-month contracts, the potential for increasing rents to market value elevates the proforma cap rate to over 7%. Mid-century modern architecture graces the building, with stylish design elements throughout. Ample parking includes six spaces behind the building and access to a neighboring public lot.

The 120,000-square-foot Warehouse Sale building, built in 1965, features an industrial zoning and high visibility. It offers ample parking, loading areas, and a secured gated entry. The interior boasts modern workspace, high ceilings, a mezzanine level, breakroom, and security features.

Utilities include three-phase electrical service, natural gas, and fiber optic internet. The site offers semi-truck parking, a loading dock, and well-maintained landscaping. Located in a prime industrial park, it provides excellent accessibility and branding opportunities. Various features cater to business needs, including customization options, flexible lease terms, and professional management services.