Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6098 Rickenbacker Rd Commerce, CA 90040

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.30 SF/Yr ($2,638 /Mo)

    Industrial warehouse space available for lease in Commerce, California.

    Property size:
    24,355 SF
    Lot size:
    24,355 SF

    Property Features for 6098 Rickenbacker Rd

    General Information

    Size
    24,355 SF

    We can help!

    Listing Contact
    Jeffrey Stephens
    Source: Cbre

    Listing Agent: Jeffrey Stephens

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commerce Warehouse Space Available

    This industrial property offers warehouse space for rent, encompassing a total area of 24355 square feet. Located on Rickenbacker Road in Commerce, California, the property is suitable for warehouse and industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Randolph Yard, File Keepers LLC, Box-n-Go | Portable Self Storage Containers & Storage Units, Iron Mountain, PTG Crossdocking Services

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.155446
    Latitude
    33.988575

    Nearby Similar for Lease

    • Contact for pricing
      2,500 SF

      Commerce Warehouse with Freeway Access

      2,500 SF warehouse with office, yard, and freeway access.
      5910 E Washington Blvd, Commerce, CA 90040
      View Details
    • Contact for pricing
      159,394 SF

      Commerce Warehouse with High Power

      Large warehouse space with multiple loading docks and high power.
      6120-6140 Peachtree St, Commerce, CA 90040
      View Details
    • $1.10 SF/Yr
      23,500 SF

      Commerce Warehouse with Office Space

      Functional warehouse space with included office in Commerce industrial hub.
      4609 Sheila St, Commerce, CA 90040
      View Details
    • $15 SF/Yr
      21,120 SF

      Commerce Industrial Warehouse For Sale

      ±21,120 SF, High-Power, Dock-High Doors
      6465 Corvette St, Commerce, CA 90040
      View Details
    • $1.05 SF/Yr
      17,607 SF

      Functional Warehouse Unit For Lease

      Functional warehouse unit with three loading docks and sprinkler system.
      2229 Yates Ave, Commerce, CA 90040
      View Details
    • $22 SF/Yr
      54,219 SF

      Commerce Office Campus - 54,219 SF

      Single-story office, 3 suites available, ample parking.
      5900 Eastern Ave, Commerce, CA 90040
      View Details
    • Contact for pricing
      67,010 SF

      Commerce Corner: Prime CA Space

      High-traffic retail & office suites available.
      2450 Atlantic Blvd, Commerce, CA 90040
      View Details
    • $0.79 SF/Yr
      75,000 SF

      Commerce Warehouse with Freeway Access

      75,000 SF warehouse with immediate freeway access for lease.
      2638 Yates Ave, Commerce, CA 90040
      View Details
    • $16 SF/Yr
      15,000 SF

      Commerce Warehouse: 15,000 SF Available

      Large industrial warehouse, ideal for distribution.
      6821-6823 Watcher St, Commerce, CA 90040
      View Details
    • Contact for pricing
      11,666 SF

      Functional Industrial Unit For Lease

      Industrial unit with dock high doors, near Telegraph Road.
      2933 Vail Ave, Commerce, CA 90040
      View Details
    • Contact for pricing
      2,650 SF

      Commerce Executive Office Suites

      Modern Suites, Various Sizes Available
      5800 Eastern Ave, Commerce, CA 90040
      View Details
    • $34 SF/Yr
      7,838 SF

      Commerce Retail/Office Opportunity

      High-traffic retail space, 7,838 sq ft.
      2313 Atlantic Blvd, Commerce, CA 90040
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space available for lease in Commerce, California.
    Where is this warehouse located?
    The property is located at 6098 Rickenbacker Rd Commerce, CA.
    What is the lease rate?
    The lease rate is $1.30 SF/Yr.
    What are key features of this property?
    This property features: - Available for lease; - Industrial warehouse space; - Located in Commerce, California
    (213) 613-3761
    Request Owner's contact information
    6098 Rickenbacker Rd Commerce, CA 90040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6098 Rickenbacker Rd
    Commerce, CA 90040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6098 Rickenbacker Rd Commerce, CA 90040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeffrey Stephens
    Real Estate License ID: 01051764
    (213) 613-3761
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.