Freestanding Flex Industrial
New
For Sale
$3,700,000
125 W Maple, Monrovia, CA 91016
Combined office and warehouse areas offer upgraded finishes, loading access, and manufacturing zoning.
Property Size9,844 SF
Price / SF$375.86
Days on Market2
Property Features for 125 W Maple
General Information
Standard status
Active
Size
9,844 SF
Total Parking Spaces
17
Property subtype
Industrial
Zoning
M- Manufacturing
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
6,000 SF
Drive-In Doors
2
Power
600 amps
Voltage
240 V
Three-Phase Power
Yes
Amenities
conference room
kitchen/break room
Building Details
Building Size
9,844 SF
Year Built
1989
Buildings
1
Listing Agency:
Top Commercial Realty, Inc
Listed By:
Linda Vidov · License #1715788
(626) 335-2072
Source:
Elliman
Added: Sep 4
Last Checked: Sep 4 at 2:13PM
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 Top Commercial Realty, Inc
Investment Insights
Based on property information with market context.
This freestanding flex property combines approximately 9,844 SF of industrial and office space. The two-story office build-out covers 6K SF and includes a reception area, conference room, twelve private offices, four restrooms, a kitchen and break room, storage, and three open work areas. Upgraded details include glass office doors, hardwood flooring, skylights, and LED lighting. The warehouse provides a 20-foot minimum clear height, two ground-level doors measuring 14’x16’, insulation, skylights, a restroom, and a mop sink. Electrical service is 600 AMP, 240 Volt 3 Phase.
The site includes 17 parking spaces, alley access for loading, and additional street parking. Located at Maple and Myrtle Avenue, the property is one block north of Huntington Drive, with access to the 210 and 605 freeways via Myrtle Avenue. Old Town shops, restaurants, banks, and the post office are within walking distance. M-Manufacturing zoning allows contractors, light industrial uses, and manufacturing.
The site includes 17 parking spaces, alley access for loading, and additional street parking. Located at Maple and Myrtle Avenue, the property is one block north of Huntington Drive, with access to the 210 and 605 freeways via Myrtle Avenue. Old Town shops, restaurants, banks, and the post office are within walking distance. M-Manufacturing zoning allows contractors, light industrial uses, and manufacturing.
Key Highlights
- Approximately 9,844 SF freestanding industrial building with 6K SF two‑story office build‑out
- Warehouse offers 20‑foot minimum clear height and two ground‑level 14’x16’ doors
- 600 AMP, 240 Volt 3 Phase power service
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
$215,182
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
5.82%
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%
$4,303,640
$4.3M
Cap Rate 7%
$3,074,029
$3.1M
Cap Rate 9%
$2,390,911
$2.4M
Market Conditions
NOI Build-Up for 9,844 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
$378.0K $38.40/SF
− Vacancy
−$91.1K −$9.25/SF
EGI
$286.9K $29.15/SF
− OpEx
−$71.7K −$7.29/SF
NOI
$215.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$4,303,640
Cap Rate 7%
$3,074,029
Cap Rate 9%
$2,390,911
Alternative Uses
Best Use
Office B
$3.07M
$2.69M – $3.59M
NOI $215,182 @ 7.0% cap · market cap 5.82%
Second Best
Warehouse
$1.83M
$1.60M – $2.13M
NOI $128,089 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$5.27M
$4.61M – $6.15M
NOI $368,931 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,213
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chef Ross Catering — 115 Los Angeles Ave A, Monrovia, CA 91016
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- Birrieriaguanatos — E Cypress AV, Huntington Dr, Monrovia, CA 91016
- SAY HUYEN CATERING — 710 S Myrtle Ave, Monrovia, CA 91016
Frequently Asked Questions
What type of property is this?
Flex space - Combined office and warehouse areas offer upgraded finishes, loading access, and manufacturing zoning.
Where is this flex space located?
The property is located at 125 W Maple Monrovia, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Approximately 9,844 SF freestanding industrial building with 6K SF two‑story office build‑out; Warehouse offers 20‑foot minimum clear height and two ground‑level 14’x16’ doors; 600 AMP, 240 Volt 3 Phase power service
