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    Flex/Industrial Spaces Available For Lease Title is generated by Realmo AI

    1001 - 1007 - 1021 W Kirkwall Rd., Azusa, CA 91702

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    Multiple flex and industrial buildings available for lease.

    Type:Industrial
    Property size:
    16,831 SF
    Added:
    May 26, 2026
    Days on Market:
    6
    Last Refresh:
    May 26 at 8:11 pm

    Property Features for 1001 - 1007 - 1021 W Kirkwall Rd.

    General Information

    Standard status
    Active
    Size
    16,831 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1958

    Spaces For Lease

    at 1001 - 1007 - 1021 W Kirkwall Rd. Contact us

    We can help!

    Listing Contact
    Josh Soto

    Listing agent Josh Soto License #CA 02278872

    Listing office Daum Commercial

    Listing date May 26, 2026

    Source Daumcommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Daum Commercial

    HighLights

    • Multiple buildings available (B1, B2, B3, B4, B5) offering a range of sizes and features.
    • Building B2 features a 20' clear height.
    • Building B3 offers the largest office space at +/-975 SF.
    • Ground‑level doors in various sizes across different buildings.
    • Building B3 features a peak ceiling height of 20'4".
    • Year Built: 1958.

    Overview

    Multiple flex and industrial buildings are available for lease. Building B1 offers approximately 5,730 square feet, including about 500 square feet of office space, and a clear height of 12 feet 5 inches. It features one ground-level door measuring 14 feet 9 inches wide by 10 feet high. Building 2 provides approximately 7,000 square feet, with around 60 square feet of office space and a clear height of 20 feet. It includes one ground-level door that is 12 feet wide by 14 feet high. Building B3 has approximately 6,000 square feet, including about 975 square feet of office space. The clear height is 13 feet 10 inches, with a peak ceiling height of 20 feet 4 inches and a low ceiling height of 14 feet 6 inches. It is equipped with two ground-level doors, each 11 feet 10 inches wide by 10 feet high. Building B4 offers approximately 5,101 square feet, including about 300 square feet of office space, and a clear height of 12 feet. It features two ground-level doors, each 11 feet 10 inches wide by 10 feet 11 inches high, and a gable roof. Building B5 provides approximately 5,189 square feet with a clear height of 12 feet and two ground-level doors, each 11 feet 11 inches wide by 10 feet 11 inches high.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Big Box & Wholesale Store Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tasty Tacos — N Alameda Ave, Azusa, CA 91702
    • Bashful Butler — 124 E Santa Fe Ave, Azusa, CA 91702
    • Keith's Kettle Corn — 200 W Foothill Blvd #3, Azusa, CA 91702

    Location Insight

    • Map
    • Local Demand
    City
    Azusa
    County
    Los Angeles
    State
    California
    Longitude
    -117.916
    Latitude
    34.1312

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    FAQs

    What type of property is this?
    Flex space - Multiple flex and industrial buildings available for lease.
    Where is this flex space located?
    The property is located at 1001 - 1007 - 1021 W Kirkwall Rd. Azusa, CA.
    What are key features of this property?
    This property features: Multiple buildings available (B1, B2, B3, B4, B5) offering a range of sizes and features.; **Building B2 features a 20' clear height.**; Building B3 offers the largest office space at +/-975 SF.
    (562) 205-0905
    We can help!
    Listing Contact
    Josh Soto
    Real Estate License ID: CA 02278872
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1001 - 1007 - 1021 W. Kirkwall Rd., Azusa, CA 91702
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