Single-Tenant Industrial

8,904 SF Warehouse - Warehouse, Showroom, Gallery or Manufacturing

Listing Price: $2,700,000

Cap Rate
2.34%
Gross SF
8,904
Price/Gross SF
$303.23
Lot Size
0.34 acres
Year Built
1982
Rentable SF
8,904

Investment Overview

This sale offers the opportunity to purchase a newer construction 8,904 square foot freestanding industrial building in a desirable, central location of Vernon, CA. The property is very secure and has attributes that provide for excellent functionality and aesthetics. The subject property, located at 5770 Anderson Street, consists of a single parcel for a total of 14,760 square feet of land. The property has been improved with a warehouse that has 8,904 square feet of rentable building area. The building is of concrete block construction and has a clear height of 12’-15’. The warehouse has an air-conditioned office buildout of approximately 2,400 square feet and is otherwise open warehouse space. Current ownership recently received city approval for an open concept office improvement. Plans and permits will be included in the sale transaction; more information can be found in this marketing brochure. There is one roll-up door that is accessed from a secure yard area. The yard is paved in asphalt, striped for 18 parking stalls and is accessed by an automatic iron gate. Situated on Anderson Street, north of the Slauson Avenue, the property is in a central location that provides good access to Downtown, LAX, the ports and Orange County. Located in the city of Vernon, the subject property offers the ability to operate a business in a city with pro-business policies and attractive utility rates. The site is located in a newer development of small industrial buildings. The neighborhood provides a clean, quiet and secure area of operation. Zoning on the site is VEM, which is a heavy industrial zoning designation that permits for numerous uses. Utilities to the site include water, sewer, gas and electricity. The property features a heavy power supply: 400A, 480V, 3Ph, 4W. Electricity is well distributed throughout the warehouse. The property is to be delivered vacant at the close of escrow. 5770 Anderson Street offers the opportunity to purchase a clean and secure 8,904 square foot freestanding industrial building in a desirable city to do business. The property has attributes that provide functionality, ease of maintenance and desirable underlying value, and is suitable for investors and owner/users like.

Investment Highlights

  • 8,904 SF Industrial Building
  • Suitable for Warehouse, Showroom, Gallery or Manufacturing
  • Secure, Paved Yard and Parking
  • Clean, Quiet, Business Park Atmosphere
  • City of Vernon: Pro Business, Cheap Utilities
  • Heavy Power – 400A, 480V, 3Ph, 4W
  • 2,400 SF of Office Build-Out, Including Plans for Open Concept Improvement

Exclusively Listed By

  • Derek L. Caldwell

    Vice President Investments

    (424) 405-3829

    Email Derek

    License(s): CA: 01929621

    South Bay

  • Sage Segal

    Associate

    Email Sage

    License(s): CA: 02099925

    South Bay

Single-Tenant Industrial

8,904 SF Warehouse - Warehouse, Showroom, Gallery or Manufacturing

Listing Price: $2,700,000

Cap Rate
2.34%
Gross SF
8,904
Price/Gross SF
$303.23
Lot Size
0.34 acres
Year Built
1982
Rentable SF
8,904

Investment Highlights

  • 8,904 SF Industrial Building
  • Suitable for Warehouse, Showroom, Gallery or Manufacturing
  • Secure, Paved Yard and Parking
  • Clean, Quiet, Business Park Atmosphere
  • City of Vernon: Pro Business, Cheap Utilities
  • Heavy Power – 400A, 480V, 3Ph, 4W
  • 2,400 SF of Office Build-Out, Including Plans for Open Concept Improvement

Investment Overview

This sale offers the opportunity to purchase a newer construction 8,904 square foot freestanding industrial building in a desirable, central location of Vernon, CA. The property is very secure and has attributes that provide for excellent functionality and aesthetics. The subject property, located at 5770 Anderson Street, consists of a single parcel for a total of 14,760 square feet of land. The property has been improved with a warehouse that has 8,904 square feet of rentable building area. The building is of concrete block construction and has a clear height of 12’-15’. The warehouse has an air-conditioned office buildout of approximately 2,400 square feet and is otherwise open warehouse space. Current ownership recently received city approval for an open concept office improvement. Plans and permits will be included in the sale transaction; more information can be found in this marketing brochure. There is one roll-up door that is accessed from a secure yard area. The yard is paved in asphalt, striped for 18 parking stalls and is accessed by an automatic iron gate. Situated on Anderson Street, north of the Slauson Avenue, the property is in a central location that provides good access to Downtown, LAX, the ports and Orange County. Located in the city of Vernon, the subject property offers the ability to operate a business in a city with pro-business policies and attractive utility rates. The site is located in a newer development of small industrial buildings. The neighborhood provides a clean, quiet and secure area of operation. Zoning on the site is VEM, which is a heavy industrial zoning designation that permits for numerous uses. Utilities to the site include water, sewer, gas and electricity. The property features a heavy power supply: 400A, 480V, 3Ph, 4W. Electricity is well distributed throughout the warehouse. The property is to be delivered vacant at the close of escrow. 5770 Anderson Street offers the opportunity to purchase a clean and secure 8,904 square foot freestanding industrial building in a desirable city to do business. The property has attributes that provide functionality, ease of maintenance and desirable underlying value, and is suitable for investors and owner/users like.

Exclusively Listed By

  • Derek L. Caldwell

    Vice President Investments

    (424) 405-3829

    Email Derek

    License(s): CA: 01929621

    South Bay

  • Sage Segal

    Associate

    Email Sage

    License(s): CA: 02099925

    South Bay

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