11220 Wright Rd, Lynwood, CA
Manufacturing facility in Lynwood with access to major freeways.
- Added:
- Jun 17, 2024
- Days on Market:
- 723
- Last Refresh:
- May 19 at 10:25 pm
Property Features for 11220 Wright Rd
General Information
- Standard status
- Active
- Size
- 36,734 SF
- Lot size
- 2.17 Acres
- Property subtype
- INDUSTRIAL
Listing agent Scott A. Heaton (323) 278-3110
Listing office Colliers (323) 278-3110
Listing date Jun 17, 2024
Source Moodyscre
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
HighLights
- Immediate access to 710 & 105 freeways
- Located in the City of Lynwood Manufacturing (M) Zone
- Main buildings and covered storage areas are sprinklered
- Multiple buildings that can remain or be demolished
- Competitively priced
- Facility was renovated in 1992
Overview
Local Financial Insights For Warehouse
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 | $590.7k | $16.08 |
| − Vacancy | −$28.4k | −$0.77 |
| EGI | $562.3k | $15.31 |
| − OpEx | −$84.3k | −$2.30 |
| NOI | $478.0k | $13.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Longitude
- -118.179
- Latitude
- 33.9234
