Multi-Tenant
For Sale
Contact for pricing
109 Agostino Rd, San Gabriel, CA 91776
Multi-tenant leased warehouse with two private fenced yards and a newly serviced roof.
Property Size18,757 SF
Price / SF$239
Days on Market142
Property Features for 109 Agostino Rd
General Information
Standard status
Active
Size
18,757 SF
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Building Details
Tenancy
Multi
Listing Agency:
Lee & Associates
(626) 701-2405
Listed By:
Justin Chiang · License #01903437
(626) 552-2867
Source:
Moodyscre
Added: Apr 1
Changed: Jul 29
Last Checked: Jul 29 at 11:59PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
Multi-tenant leased warehouse offering a property size of 18,757 SF. The layout supports multiple tenants with the added benefit of two private, fenced yards for flexible storage, staging, or tenant-specific use.
The roof has been newly serviced, supporting ongoing building maintenance and operations. The property is presented as a leased investment, with an additional note that it may be suitable for an owner/user to occupy units while collecting rent on remaining units.
The combination of multi-tenant tenancy, private fenced yards, and recent roof servicing makes this warehouse a practical fit for buyers seeking a leased warehouse structure with on-site outdoor space for separate uses.
The roof has been newly serviced, supporting ongoing building maintenance and operations. The property is presented as a leased investment, with an additional note that it may be suitable for an owner/user to occupy units while collecting rent on remaining units.
The combination of multi-tenant tenancy, private fenced yards, and recent roof servicing makes this warehouse a practical fit for buyers seeking a leased warehouse structure with on-site outdoor space for separate uses.
Key Highlights
- 18,757 SF multi‑tenant warehouse
- Leased investment with multiple tenants
- Two private, fenced yards
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$244,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,881,300
$4.9M
Cap Rate 7%
$3,486,643
$3.5M
Cap Rate 9%
$2,711,833
$2.7M
Market Conditions
NOI Build-Up for 18,757 SF
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.
Gross rent
$301.6K $16.08/SF
− Vacancy
−$14.5K −$0.77/SF
EGI
$287.1K $15.31/SF
− OpEx
−$43.1K −$2.30/SF
NOI
$244.1K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,881,300
Cap Rate 7%
$3,486,643
Cap Rate 9%
$2,711,833
Alternative Uses
Best Use
Warehouse
$3.49M
$3.05M – $4.07M
NOI $244,065 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.04M
$8.79M – $11.72M
NOI $702,970 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91776, CA
38,031
Population
12,806
Households
3
Avg Household Size
42
Median Age
29%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
11,525
Density / Sq Mi
$79,926
Median Household Income
$37,548
Median Earnings
$1,825
Median Rent
$816,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- San Gabriel Self-Storage — 126 E Las Tunas Dr, San Gabriel, CA 91776
- Storage Solutions Depot — 1005 E Las Tunas Dr #303, San Gabriel, CA 91776
- Public Storage — 550 S San Gabriel Blvd, San Gabriel, CA 91776
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-tenant leased warehouse with two private fenced yards and a newly serviced roof.
Where is this warehouse located?
The property is located at 109 Agostino Rd San Gabriel, CA.
What is the asking price?
The asking price for this property is $4,482,923.
What are key features of this property?
This property features: 18,757 SF multi‑tenant warehouse; Leased investment with multiple tenants; Two private, fenced yards
