Lynwood Manufacturing Facility For
11220 Wright Rd, Lynwood, CA
For Sale
Contact for pricing
Manufacturing facility in Lynwood with access to major freeways.
Property Size36,734 SF
Lot Size2.17 Acres
Price / SF$163.34
Days on Market876
Property Features for 11220 Wright Rd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Colliers
(213) 627-1214
Listed By:
Riley Heaton · License #02002525
(323) 278-3118
Source:
Moodyscre
Added: Jun 17, 2024
Changed: Aug 8
Last Checked: Jul 28 at 12:12PM
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 Colliers
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This manufacturing facility, located in the city of Lynwood, comprises multiple buildings that can either be retained or demolished. The facility, which was renovated in 1992, includes main buildings and covered storage areas equipped with sprinklers. It benefits from immediate access to the 710 and 105 freeways. The property is zoned for manufacturing (M) and encompasses a total area of 36734 square feet.
Key Highlights
- Immediate access to 710 & 105 freeways
- Located in the City of Lynwood Manufacturing (M) Zone
- Main buildings and covered storage areas are sprinklered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$477,980
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,559,600
$9.6M
Cap Rate 7%
$6,828,286
$6.8M
Cap Rate 9%
$5,310,889
$5.3M
Market Conditions
NOI Build-Up for 36,734 SF
Gross rent
$590.7K $16.08/SF
− Vacancy
−$28.4K −$0.77/SF
EGI
$562.3K $15.31/SF
− OpEx
−$84.3K −$2.30/SF
NOI
$478.0K $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 Rate 5%
$9,559,600
Cap Rate 7%
$6,828,286
Cap Rate 9%
$5,310,889
Alternative Uses
Best Use
Warehouse
$6.83M
$5.97M – $7.97M
NOI $477,980 @ 7.0% cap · market cap 7.97%
Second Best
Industrial
$6.13M
$5.37M – $7.15M
NOI $429,276 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$19.67M
$17.21M – $22.95M
NOI $1,376,707 @ 7.0% cap · market cap 22.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Los Angeles County, CA
Properties on Market for Manufacturing properties in Los Angeles County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility in Lynwood with access to major freeways.
Where is this manufacturing property located?
The property is located at 11220 Wright Rd Lynwood, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Immediate access to 710 & 105 freeways; Located in the City of Lynwood Manufacturing (M) Zone; Main buildings and covered storage areas are sprinklered
