971 Calle AmanecerSan Clemente, CA 92673

This exceptional 17,280-square-foot industrial property, located at 971 Calle Amanecer in San Clemente, California, presents a compelling investment opportunity. The single-story building, constructed in 1990, features a desirable warehouse and R&D space configuration, currently operating under a multi-tenant NNN lease. The property boasts a strong net operating income (NOI) of $143,523.60, yielding a 5.26% cap rate. The asking price is $6,655,880, translating to a land value of $385 per square foot. Currently, the occupancy rate stands at 47%, with one unit available for immediate occupancy. The building includes upgraded improvements such as polished concrete floors, metal ductwork, exposed ceilings, and upgraded lighting. Features include approximately 20-foot ceiling heights, one dock-high door, and ample parking (4 spaces per 1,000 square feet). Situated within the Rancho San Clemente Business Park, this property benefits from a supply-constrained submarket with a low vacancy rate of 3.7%. The lease commenced on December 31, 2021, and expires on December 30, 2026. This is one of only four true single-story industrial buildings exceeding 15,000 square feet in the park (excluding smaller incubator properties), making it a rare and highly sought-after asset. The property's high-image and functional design, combined with its prime location in Orange County, California, make it an ideal investment for discerning buyers seeking strong returns in a competitive market.