Azusa Industrial Opportunity For
For Sale
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1061 W 5th St Portfolio, Azusa, CA
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 Market829
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
Lease Type
Modified Gross
Properties For Sale
at 1061 W 5th St Portfolio
1061 W 5th St
AVAILABLE, 60 Days
Floor
1
Size
81,416 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Sublease
No
81,416 SF on 4.3 Acres
SHORT TERM OR LONG TERM LEASES
Suitable for Warehouse, Manufacturing or Yard Uses
DH & GL Loading / 16'-20' Clear Heights
Fully Paved & Fenced Yard / Heavy Power
Contact us
Listing Agency:
JLL
(213) 239-6000
Listed By:
Rustin Mork · License #1448642
(213) 509-4251
Source:
Moodyscre
Added: Jul 23, 2024
Changed: Aug 8
Last Checked: Oct 28 at 10:13AM
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
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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 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
Estimated NOI and Cap Rate
NOI / Yr
$1,059,380
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,187,600
$21.2M
Cap Rate 7%
$15,134,000
$15.1M
Cap Rate 9%
$11,770,889
$11.8M
Market Conditions
NOI Build-Up for 81,416 SF
Gross rent
$1.31M $16.08/SF
− Vacancy
−$62.8K −$0.77/SF
EGI
$1.25M $15.31/SF
− OpEx
−$186.9K −$2.30/SF
NOI
$1.06M $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%
$21,187,600
Cap Rate 7%
$15,134,000
Cap Rate 9%
$11,770,889
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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
