123 W Compton Blvd - Manufacturing FOR SALE


Gardena, CA 90248
$6,625,000 USD
213-613-3758
123 W Compton Blvd, Gardena, CA for Sale
$6,625,000 USD
Manufacturing - FOR SALE
1/8
null | Request Cap Rate

Mar '25


123 W Compton Blvd
Gardena, CA 90248


HIGHLIGHTS

  • RARE SOUTH BAY INDUSTRIAL OFFERING - GARDENA, CA

OVERVIEW

RARE SOUTH BAY INDUSTRIAL OFFERING - GARDENA, CA * Rare opportunity to acquire an industrial building situated on 0.91 acres of industrially zoned land in the heart of the South Bay Industrial Market, along the I-110 Corridor - Gardena P.O., CA (Unincorporated LA County). * Underlying zoning supports outdoor truck/trailer storage through site plan review – Not designated as a Green Zone parcel within 500 feet of a "sensitive use." * For an owner-user, this offering would be an ideal corporate headquarter investment that provides an attractive lease-saving trade-off. The purchase provides this owner-user investor protection against future rental market uncertainty and rate hikes, as well as after-tax equity accumulation. ROBUST INDUSTRIAL MARKET FUNDAMENTALS * The Gardena industrial submarket is part of the robust ~206M SF port served South Bay Industrial Market. Direct market vacancy for South Bay sits at an extremely low 1.1%, with Gardena at a negligible 0.2% vacancy above 10K SF. * The South Bay Industrial Market is one of the most consistently strong industrial markets in the Nation. Direct vacancy has not risen above 2% since 2014. * Extremely limited opportunities for Class A industrial product have resulted in strong historical rent growth, averaging ±15% each year over the past five years in Gardena. STRATEGIC PORT-SERVED LOCATION * Approximately 10 miles from the Ports of Los Angeles and Long Beach, the property is part of a larger infill market with one of the highest barriers to entry. With increasing global trade and corresponding port traffic, as well as greater emphasis on “last-mile” logistics, the property’s land has become increasingly rare and more valuable. * These ports, together form the San Pedro Port Complex and would rank 9th in the world in TEU (Twenty-Foot Equivalent Units) volume. * Strategic E-Commerce Location: In addition to the nearby ports, the property is well-served by a multimodal transportation network that includes the adjacent I-110 and nearby freeways (I-405, I-105, and SR-91), as well as LAX and Long Beach Airports.

FOR SALE DETAILS

PRICE

$6,625,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

4

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.91

LAND SF

39,640

ZONING

M2LC

APN/PARCEL ID

6129-008-039

ASK ABOUT THIS PROPERTY

Mark ShafferCBRE, Inc.More Info
213-613-3758

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Mark ShafferCBRE, Inc.More Info
213-613-3758

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.