Azusa Industrial Opportunity For
1061 W 5th St Portfolio Azusa, CA
For Sale
Contact for pricing
81,416 SF industrial property on 4.3 acres in Azusa.
Property Size81,416 SF
Lot Size4.30 Acres
Price / SF$172.26
Days on Market736
Property Features for 1061 W 5th St Portfolio
General Information
Standard status
Active
Size
81,416 SF
Lot size
4.30 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 1061 W 5th St Portfolio Contact us
Listing Agency:
JLL
(213) 509-4251
Listed By:
Rustin Mork · License #1448642
(213) 509-4251
Source:
Moodyscre
Added: Jul 23, 2024
Changed: Jul 6
Last Checked: Jul 21 at 7:04AM
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 JLL
Investment Insights
Based on property information with market context.
This industrial property in Azusa features 81,416 square feet of space on a 4.3-acre lot. The property is suitable for warehouse, manufacturing, or yard uses. It offers both dock-high and grade-level loading capabilities, with clear heights ranging from 16 to 20 feet. The site includes a fully paved and fenced yard, along with heavy power. There is potential to build approximately 80,000 square feet of new industrial space. This property presents an opportunity for an owner-user or development.
Key Highlights
- 81,416 SF on 4.3 Acres
- Potential to Build ±80k SF New Industrial
- Fully Paved & Fenced Yard / Heavy Power
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 | $1.31M | $16.08 |
| − Vacancy | −$62.8k | −$0.77 |
| EGI | $1.25M | $15.31 |
| − OpEx | −$186.9k | −$2.30 |
| NOI | $1.06M | $13.01 |
81,416 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$15.13M
$13.24M – $17.66M
NOI $1,059,380 @ 7.0% cap · market cap 7.55%
Second Best
Industrial
$13.59M
$11.89M – $15.86M
NOI $951,434 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$43.59M
$38.14M – $50.85M
NOI $3,051,287 @ 7.0% cap · market cap 21.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Personal Units 4U — 325 N Azusa Ave, Azusa, CA 91702
- Azuka Storage Facility — 402 N Azusa Ave, Azusa, CA 91702
- Extra Space Storage — 900 W Foothill Blvd, Azusa, CA 91702
Frequently Asked Questions
What type of property is this?
Warehouse - 81,416 SF industrial property on 4.3 acres in Azusa.
Where is this warehouse located?
The property is located at 1061 W 5th St Portfolio Azusa, CA.
What is the asking price?
The asking price for this property is $14,025,000.
What are key features of this property?
This property features: 81,416 SF on 4.3 Acres; Potential to Build ±80k SF New Industrial; Fully Paved & Fenced Yard / Heavy Power
