Freestanding Flex
For Sale
Contact for pricing
1120 W 10th St, Azusa, CA 91702
Freestanding commercial building with a private paved yard and three-phase electrical service.
Property Size4,401 SF
Price / SF$385
Days on Market120
Property Features for 1120 W 10th St
General Information
Standard status
Active
Size
4,401 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Power
400 amps
Three-Phase Power
Yes
Listing Agency:
Ashwill Associates
(626) 363-7868
Listed By:
Mitch Ashwill
(626) 363-7868
Source:
Moodyscre
Added: May 4
Changed: Aug 30
Last Checked: Aug 30 at 4:59PM
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 Ashwill Associates
Investment Insights
Based on property information with market context.
This freestanding flex building contains 4,401 square feet with 16-foot clear height and an enclosed loading door measuring 12 feet by 12 feet. The property is served by 400 Amps, 120/280 Volts, 3 Phase, 4 Wire power, supporting a range of commercial and industrial operations.
A private paved yard area is included with the building. The property is located at 1120 W 10th St in Azusa, California 91702.
A private paved yard area is included with the building. The property is located at 1120 W 10th St in Azusa, California 91702.
Key Highlights
- 4,401‑square‑foot freestanding flex building
- 16' clear height
- 400 Amps, 120/280 Volts, 3 Phase, 4 Wire power
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
$57,266
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
3.38%
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%
$1,145,320
$1.1M
Cap Rate 7%
$818,086
$818.1K
Cap Rate 9%
$636,289
$636.3K
Market Conditions
NOI Build-Up for 4,401 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
$70.8K $16.08/SF
− Vacancy
−$3.4K −$0.77/SF
EGI
$67.4K $15.31/SF
− OpEx
−$10.1K −$2.30/SF
NOI
$57.3K $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%
$1,145,320
Cap Rate 7%
$818,086
Cap Rate 9%
$636,289
Alternative Uses
Best Use
Warehouse
$818.1K
$715.8K – $954.4K
NOI $57,266 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$734.7K
$642.9K – $857.2K
NOI $51,430 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $164,939 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Tasty Tacos — N Alameda Ave, Azusa, CA 91702
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- Bashful Butler — 124 E Santa Fe Ave, Azusa, CA 91702
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial building with a private paved yard and three-phase electrical service.
Where is this flex space located?
The property is located at 1120 W 10th St Azusa, CA.
What is the asking price?
The asking price for this property is $1,694,385.
What are key features of this property?
This property features: 4,401‑square‑foot freestanding flex building; 16' clear height; 400 Amps, 120/280 Volts, 3 Phase, 4 Wire power
