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Roseann Oesterreich, CRS, GRI
SOLD
$14,560,000
Date 04/19/2022

10615 Ruchti Road
South Gate, CA 90280

Industrial
Commercial
44,500
Sq. Ft.
2.384
Acre Lot
Listing Agent: Stephen White - Compass; stephenwhite34@gmail.com
Home> California> South Gate> 90280
Don't Miss Out On This Great Investment Opportunity!!!Food Processing & Cold Storage warehouse Facility| 44,500 SF | additional 700 sqft was added | 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.
SR21163819
Commercial - Industrial, 1 Story
1931
Los Angeles
2.384 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Stephen White - Compass; stephenwhite34@gmail.com
Licensed in: DRE# 02009880
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