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10615 Ruchti Road

South Gate, CA 90280
  • $14,250,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: SR21163819
UPDATED: 222 min ago
$14,250,000
  • 0
    BEDS
  • 2.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing provided courtesy of Stephen White of Compass and Essi Shilati of Compass

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 California Regional Multiple Listing Service, Inc. as of 2021-11-30T00:26:35.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/119750238
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10615 Ruchti Road South Gate, CA 90280

  • Price: $14,250,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 222 min ago
  • ID#: SR21163819
0
Beds
0
Baths
0
½ Baths
2.38
Acres
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.
Exterior Features

Lot Features Lot Over 40000 Sqft Sign On Property YN No

Property Features

Additional Parcels YN No Common Interest None Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Property Sub Type Industrial Security Features 24 Hour Security Special Listing Conditions Standard Water Source Public Zoning M3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T00:26:35.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing provided courtesy of Stephen White of Compass and Essi Shilati of Compass