For Sale
$13,500,000

200 Railroad AveMonrovia, CA 91016

64,183 SF Warehouse, 6.30% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional industrial property, located at 200 Railroad Ave, Monrovia, CA 91016, presents a compelling investment opportunity. The 64,183 square foot warehouse and manufacturing facility sits on a 3.16-acre lot and boasts 134 parking spaces, nine loading docks, and two dock-high doors. The property is currently leased under a net lease agreement with a single tenant for a seven-year term commencing November 1, 2024. The asking price is $13,500,000, representing a compelling 6.30% capitalization rate and a price per square foot of $210.33. The building features a tropical silicone roof installed in 2021 and substantial power capacity of 2000 amps at 480v (verification recommended). The current tenant, acquired in 2024 by the Survitec Group, is a long-standing manufacturer of specialized vinyl products for marine, military, and first responder applications, holding ISO9001 and AS9100D certifications. This established tenant and the property's strong features make this an attractive investment prospect in the Los Angeles County market. The property's location in Monrovia, California offers convenient access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a high-quality industrial asset with a strong tenant and excellent financial performance. Further due diligence is recommended.

Highlights

  • 2,000-amp, 480-volt power service (verification required).
  • 2021 Tropical Silicone roof.

Property Details for 200 Railroad Ave

Property type
Warehouses, Industrial properties
Square Feet
64,183 SF
Lot Size (sq. ft)
137,650 SF

Location Insight

City
Monrovia
County
Los Angeles
State
California
Latitude
34.132933
Longitude
-117.9979512
200 Railroad Ave, Monrovia, California

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200 Railroad Ave
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