PODS Moving & Storage

For Sale

64640 19th Avenue, Desert Hot Springs, CA 92240

This Desert Hot Springs property for sale is located at 64640 19th Avenue. The current listed sale price for PODS Moving & Storage is $16,105,000.

Contacts

broker
Ryan Bennett

Lee & Associates - North San Diego

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 60,000 SF
  • Date Updated Jan 23, 2025
  • HVAC None
•STRATEGIC MISSION CRITICAL LOCATION FOR PODS •MOST EASTERN S. CALIFORNIA LOCATION CONNECTS PODS NETWORK TO PHOENIX & LAS VEGAS MARKETS •EASY ACCESS TO INTERSTATE 10 (92,000 VPD) CONNECTING TO INLAND EMPIRE •DESERT HOT SPRINGS – REAPING THE BENEFITS OF INDUSTRIAL WAREHOUSE DEVELOPMENT MOVING EASTWARD •OVER 3 MILLION SF OF NEW DEVELOPMENT PROJECTS APPROVED •38% PROJECTED FUTURE JOB GROWTH RATE IN NEXT 10 YEARS•STRONG CORPORATE LEASE WITH PODS ENTERPRISES, LLC •LEADER IN PORTABLE MOVING & STORAGE SOLUTIONS •$1.2 BILLION IN REVENUES (2023) •240 LOCATIONS NATIONWIDE & OVER 3,000 EMPLOYEES •NEW 10 YEAR MODIFIED NNN LEASE •3% ANNUAL RENT INCREASES •PASSIVE INCOME STREAM WITH AGGRESSIVE ANNUAL RENT GROWTH •INFLATION HEDGE •AGGRESSIVE CAP RATE GROWTH OVER TERM OF THE LEASE – 7.60% CAP RATE IN YEAR 10 •CLASS “A” INDUSTRIAL WAREHOUSE WITH SECURE YARD SPACE •NEW 2024 CONSTRUCTION •REINFORCED CONCRETE TILT-UP CONSTRUCTION •28 FOOT CLEAR HEIGHT
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Location

  • City Desert Hot Springs, CA
  • Zip Code 92240
  • Market Inland Empire

Points of Interest

  • Palm Springs

    1.15 miles

  • A & M Limousine

    4.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ryan Bennett

Lee & Associates - North San Diego

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