Kirk Garabedian Commercial Group

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Airgas Ventura | Industrial NNN

Airgas Ventura | Industrial NNN

1885 N Ventura Avenue, Ventura, CA 93001

Quick Summary

Location
Airgas Ventura | Industrial NNN
Price
3,616,000
Property Type
Industrial
Square Ft
18554
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Property Description

We are pleased to present an Industrial Single Tenant property leased to Airgas USA, LLC, whose parent company is Air Liquide, a world leader in gases technologies and service for industry and health. Air Liquide’s S&P Ratings is “A-2” with a “Positive Outlook”. The company posted revenues of over 23.3 Billion Euro in 2021.

The Subject Property includes over 18,500 square feet in various industrial buildings and a large lot of nearly 1.03 Acres.  The location is prime in the City of Ventura and on the corner of Ventura Avenue and West Stanley Avenue.  Stanley is one of the main arterials into town from the 33 Highway.  North Ventura Avenue is the main retail and commercial arterial running through town.  The pocket where the Subject is located is M2 zoned, which is continually becoming hard to find in Southern California.

The Subject Property is attractive because it serves as one of the main servicing or pumping hubs for AirGas in the Ventura County area.  This location has the appropriate licensure to pump various gases into cylinders and distribute it to all of the Airgas satellite retail locations.

According to its corporate literature, Airgas operates the Air Liquide Group’s Industrial Merchant and Healthcare activities in the United States. Airgas represents close to 30 percent of Air Liquide’s global gas and services revenue; serves more than 1 million of Air Liquide’s 3.5 million customers; and employs more than 18,000 associates within Air Liquide’s global workforce of 67,000 employees.

This opportunity represents a rare opportunity to purchase a prime piece of real estate leased to a global leader in the contained gases industry.