Investment Overview
5520 Cannon Dr is a 12,240 SF industrial investment offering immediate income and clear upside. Strong fit for an owner/operator who wants to occupy Unit 102 and grow into additional units over time, or for an investor looking to stabilize rents to market.
Investment Highlights
- - Four total units, including one double unit (103/104) leased to a single tenant.
- - Units 101 and 103/104 are on carry‑over under market leases, giving a new owner flexibility to renegotiate or terminate easily.
- - Unit 102 is vacant and offers 1,950 SF downstairs plus 500 SF upstairs—ideal for an owner‑user or new tenant.
- - Warehouse sections feature 20' ceiling heights for efficient storage and industrial use.
- - Current gross rents total $60,000/year from Units 101 and 103/104, providing immediate income. Unit 102 is actively marketed at $14.50/SF, offering strong lease‑up upside.