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 Market784
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 Contact us- Floor
- 1
- Size
- 81,416 SF
- Type
- INDUSTRIAL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, 60 Days
- Sublease
- No
1061 W 5th St
81,416 SF on 4.3 Acres
SHORT TERM OR LONG TERM LEASES
Suitable for Warehouse, Manufacturing...
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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: Sep 14 at 8:08AM
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
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
$1,059,380
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
7.55%
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%
$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
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
$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 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%
$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.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
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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
