Freestanding Industrial Distribution
For Sale
Contact for pricing
10220-10232 Norris Ave, Pacoima, CA 91331
Freestanding industrial building with 7 ground-level loading doors, heavy power (800 amps), and a paved yard.
Property Size60,000 SF
Price / SF$333.33
Days on Market178
Property Features for 10220-10232 Norris Ave
General Information
Standard status
Active
Size
60,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
22 ft
Drive-In Doors
7
Heavy Power
Yes
Additional Details
Business Included
No
Listing Agency:
CBRE
(818) 502-6700
Listed By:
Greg Barsamian · License #00873206
(818) 406-3658
Source:
Moodyscre
Added: May 5
Changed: Oct 25
Last Checked: Oct 28 at 12:27PM
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 CBRE
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Investment Insights
Based on property information with market context.
A freestanding industrial distribution building featuring seven ground-level loading doors and a paved yard for site operations. The property offers 22' clear height and heavy electrical service (800 amps), supporting logistics and industrial use where higher power capacity matters.
The asset is located at 10220–10232 Norris Ave in Pacoima, CA, and is presented for sale as a single building.
Designed for functional movement and storage, the configuration combines loading access with meaningful clear height and heavy power capacity.
The asset is located at 10220–10232 Norris Ave in Pacoima, CA, and is presented for sale as a single building.
Designed for functional movement and storage, the configuration combines loading access with meaningful clear height and heavy power capacity.
Key Highlights
- Freestanding industrial building known as The Hub Exchange
- 7 ground‑level loading doors
- Heavy power service: 800 amps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$905,075
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,101,500
$18.1M
Cap Rate 7%
$12,929,643
$12.9M
Cap Rate 9%
$10,056,389
$10.1M
Market Conditions
NOI Build-Up for 60,000 SF
Gross rent
$1.14M $18.96/SF
− Vacancy
−$72.8K −$1.21/SF
EGI
$1.06M $17.75/SF
− OpEx
−$159.7K −$2.66/SF
NOI
$905.1K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,101,500
Cap Rate 7%
$12,929,643
Cap Rate 9%
$10,056,389
Alternative Uses
Best Use
Warehouse
$12.93M
$11.31M – $15.08M
NOI $905,075 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,215.56M
$1,063.62M – $1,418.16M
NOI $85,089,478 @ 7.0% cap · market cap 425.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22 ft
Clear height
7
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91331, CA
100,720
Population
23,926
Households
4.2
Avg Household Size
35
Median Age
11%
College-Educated
58%
High-School Grad
9.3 sq mi
ZIP Area
10,830
Density / Sq Mi
$82,025
Median Household Income
$34,759
Median Earnings
$1,818
Median Rent
$609,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- AAA Personal Storage — 10061 San Fernando Rd, Pacoima, CA 91331
- DVG Auto Body Repair — 12159 Branford St # 7, Sun Valley, CA 91352
- Wetzel & Sons Moving & Storage, Inc. — 12250 Montague St, Pacoima, CA 91331
- U-Pack — 12200 Montague St, Pacoima, CA 91331
- Extra Space Storage — 10261 Glenoaks Blvd, Pacoima, CA 91331
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial building with 7 ground-level loading doors, heavy power (800 amps), and a paved yard.
Where is this warehouse located?
The property is located at 10220-10232 Norris Ave Pacoima, CA.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Freestanding industrial building known as The Hub Exchange; 7 ground‑level loading doors; Heavy power service: 800 amps
