Industrial Flex Space with Loading
For Sale
$1,245,000
11819 Goldring Road Units F&G, Arcadia, CA 91006
Two-unit industrial condominium combining warehouse functionality, office areas, and a ground-level loading door.
Property Size3,119 SF
Days on Market197
Property Features for 11819 Goldring Road Units F&G
General Information
Standard status
Active
Size
3,119 SF
Property subtype
Warehouse
Building Details
Building Size
3,119 SF
Listing Agency:
NAI Capital Commercial, Inc
Listed By:
Ryan Campbell
(909) 348-0606
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 31
Last Checked: Aug 31 at 1:24AM
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 NAI Capital Commercial, Inc
Investment Insights
Based on property information with market context.
This 3,119 SF industrial/flex condominium comprises Units F and G with a versatile combination of warehouse and office space. The property has one ground-level loading door, an 18' ceiling height, and full sprinkler coverage throughout. Unit F contains 1,220 SF, including a 150 SF office and restroom, while Unit G provides 1,899 SF with a 1,000 SF two-story office component.
Unit F is leased through 8-30-2025 on a gross lease, and Unit G is vacant. The property is located in Arcadia, CA, with access to major transportation arteries, nearby public transportation, Westfield Santa Anita, and the Los Angeles County Arboretum and Botanic Garden.
Unit F is leased through 8-30-2025 on a gross lease, and Unit G is vacant. The property is located in Arcadia, CA, with access to major transportation arteries, nearby public transportation, Westfield Santa Anita, and the Los Angeles County Arboretum and Botanic Garden.
Key Highlights
- 3,119 SF industrial/flex condo with Units F and G
- One (1) ground level loading door
- 18' ceiling height with full sprinkler coverage
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
$40,584
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
3.26%
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%
$811,680
$811.7K
Cap Rate 7%
$579,771
$579.8K
Cap Rate 9%
$450,933
$450.9K
Market Conditions
NOI Build-Up for 3,119 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
$50.2K $16.08/SF
− Vacancy
−$2.4K −$0.77/SF
EGI
$47.7K $15.31/SF
− OpEx
−$7.2K −$2.30/SF
NOI
$40.6K $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%
$811,680
Cap Rate 7%
$579,771
Cap Rate 9%
$450,933
Alternative Uses
Best Use
Warehouse
$579.8K
$507.3K – $676.4K
NOI $40,584 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$520.7K
$455.6K – $607.5K
NOI $36,449 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,893 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-unit industrial condominium combining warehouse functionality, office areas, and a ground-level loading door.
Where is this flex space located?
The property is located at 11819 Goldring Road Units F&G Arcadia, CA.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: 3,119 SF industrial/flex condo with Units F and G; One (1) ground level loading door; 18' ceiling height with full sprinkler coverage
