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    10615 Ruchti Road

    South Gate, CA 90280
    • $14,250,000
    • STATUS: Pending
    • ON SITE: 89 Days
    • ID#: SR21163819
    Pending
    UPDATED: 23 min ago
    $14,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 44,500
      SQFT
    • $0
      $/SQFT

    School Ratings & Info

    Description

    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.

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    Based on information from CRISNet MLS as of 2021-10-24T12:56:02.75. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-10-24T12:56:02.75. 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.
    www.trulinerealty.com/homes/119739464
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    10615 Ruchti Road South Gate, CA 90280

    • Price: $14,250,000
    • Status: Pending
    • Updated: 23 min ago
    • ID#: SR21163819
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    44,500
    SQFT
    $0
    $/SQFT
    1931
    Built
    Neighborhood:
    T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
    County:
    Los Angeles
    Area:
    T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
    Property Description
    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.
    Property Features

    Additional Parcels YN No Building Status Existing Industrial Type Warehouse/Distribution Investment Property YN Yes Land Use Industrial Laundry Features None Property Sub Type Industrial Security Features 24 Hour Security Special Listing Conditions Standard Water Source Public Zoning M3

    Listing provided courtesy of Stephen White, CA DRE# 02009880, of Compass.


    Based on information from CRISNet MLS as of 2021-10-24T12:56:02.75. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-10-24T12:56:02.75. 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.
     
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    TruLine Realty
    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064