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Industrial Building in Business Park
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10775 Business Center Dr, Cypress, CA 90630

Industrial property within a master-planned business park near freeway access and amenities.

Property Size36,841 SF
Price / SF$299
Days on Market521

Property Features for 10775 Business Center Dr

General Information

Standard status Active
Size 36,841 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: CBRE
Listed By: Brian DeRevere · License #00885755
Source: Moodyscre
Added: Feb 28, 2025 Changed: Jul 31 Last Checked: Aug 3 at 10:18AM

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

Investment Insights

Based on property information with market context.

Industrial building totaling 36,841 square feet at 10775 Business Center Dr in Cypress, California. The property is positioned within a master-planned business park and offers occupancy from 26,000 SF to 36,841 SF.

The location is close to freeway access and amenities, providing a business park setting for industrial operations.

Key Highlights

  • 36,841‑square‑foot industrial building
  • Occupancy from 26,000 SF to 36,841 SF
  • Located in a master‑planned business park

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $654.3k $17.76
− Vacancy −$39.3k −$1.07
EGI $615.0k $16.69
− OpEx −$184.5k −$5.01
NOI $430.5k $11.69
36,841 SF · lease $17.76/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$6.15M
$5.38M – $7.18M (±1% cap)
NOI $430,527 @ 7.0% cap · market cap 3.91%
Second Best
no second resolved use
Theoretical Best
Office A
$12.37M
$10.83M – $14.44M (±1% cap)
NOI $866,191 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

AVI-SPL IT Consulting Firm Siemens Engineer

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,119
Businesses Nearby

Demographics for 90630, CA

49,965
Population
16,544
Households
3
Avg Household Size
41
Median Age
49%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
8,059
Density / Sq Mi
$124,360
Median Household Income
$59,244
Median Earnings
$2,452
Median Rent
$866,400
Median Home Value

Market

Average Price Trend$/SF for Industrial properties in Orange County, CA

$384 Feb
$387 Mar
$387 Apr
$387 May
$374 Jun
Jul

Properties on Market for Industrial properties in Orange County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - Industrial property within a master-planned business park near freeway access and amenities.
Where is this industrial property located?
The property is located at 10775 Business Center Dr Cypress, CA.
What is the asking price?
The asking price for this property is $11,015,459.
What are key features of this property?
This property features: 36,841‑square‑foot industrial building; Occupancy from 26,000 SF to 36,841 SF; Located in a master‑planned business park
(714) 371-9224 Call to check price and availability
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