609 Science Drive, Moorpark, CA 93021
Colliers International is pleased to offer the opportunity to purchase a modern, high-cube manufacturing/distribution building that is fully leased through December 2022.
The building is occupied by AG Machining (www.agm.us.com) and a related company, RXL Inc. AG Machining specializes in the manufacturing of custom metal products for communication and technology industries. AG Machining has created a state of the art facility that is recognized worldwide and has invested millions of dollars in infrastructure representing a secure tenancy for the ownership.
According to current market reports, the Los Angeles basin has an overall vacancy of 1.7% with no appreciable land for development. This highly impacted market presents the owners with the opportunity to dramatically increase rents when the leases terminate in December, 2022.
The building is ideally located at 609 Science Drive, Moorpark, California 93021, just off the intersection of the 118 Freeway and Highway 23 and has many amenities within walking distance. The high ceilings, large rear yard, abundant loading docks and heavy electrical service makes this building an ideal distribution or manufacturing facility. Furthermore, its flexible design allows for the potential to split the building in the future for multi-tenancy. This is an outstanding opportunity for an investor to control one of the premier buildings in the Los Angeles area.
- Property ID:
- Property status:
- In Escrow
- Property type:
- 609 Science Dr, Moorpark, CA 93021, USA
- Building Size:
- 134,300 SF
- Available Space:
- 134,300 SF
- Lot Size:
- 6.21 Acres