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7/14/23
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Cintas Uniform Rental inked a 10-year lease for a 37k sf, industrial outdoor storage property in Pico Rivera. The property, located at 7748 Industry Ave, includes a 10.2k sf warehouse.
Cintas, which also operates out of a directly adjacent commercial property on Paramount Blvd, was especially interested in the site given the ample storage space for its delivery vehicle fleet.
The property is owned by BLT Enterprises, who purchased the asset in September of 2022. Prior to tenant occupancy, BLT implemented value-add improvements to the property with a new roof, updated HVAC system, new asphalt on the entire lot, and repainted the building interior and exterior.
The building includes over 8k sf of warehouse space and 2k sf of office space. The warehouse has two loading docks, as well as one drive in entrance and a 15-foot ceiling height. The site is fully fenced and secured with a gated entrance.
BLT Enterprises was represented in the leasing transaction by Alexander Harroldand Brendan Phinney of Matthews Real Estate Investment Services. The lease value was not given out.
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