Multi-Tenant Warehouse with Fenced
For Sale
$4,482,923
109 Agostino Rd, San Gabriel, CA 91776
Multi-tenant, leased industrial property featuring two private fenced yards and a newly serviced roof.
Property Size18,757 SF
Days on Market157
Property Features for 109 Agostino Rd
General Information
Standard status
Active
Size
18,757 SF
Class
C
Property subtype
Industrial - Manufacturing
Additional Details
Fenced Yard
Yes
Amenities
private fenced yards
Building Details
Building Size
18,757 SF
Year Built
1975
Tenancy
Multi
Listing Agency:
Lee & Associates
Listed By:
Kevin Ching · License #01899995
(562) 699-7500
Source:
Commercialcafe
Added: Apr 2
Changed: Aug 15
Last Checked: Aug 14 at 8:00AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This multi-tenant warehouse and industrial property is offered for sale as a leased investment. The configuration includes multiple private, fenced yards, and the roof has been newly serviced. The property is currently generating income, with rents described as below-market in the available remarks.
The site is located at 109 Agostino Rd in San Gabriel, CA, with access noted near S Del Mar Ave and Agostino Rd. The overall setup supports flexible use for an owner-occupant seeking to occupy one or more units while collecting rent on remaining spaces, subject to leasing and occupancy terms.
Because the property is presented as a multi-unit asset with yard space and active leasing, it may appeal to buyers looking for an industrial building that can support both ongoing tenancy and selective owner use.
The site is located at 109 Agostino Rd in San Gabriel, CA, with access noted near S Del Mar Ave and Agostino Rd. The overall setup supports flexible use for an owner-occupant seeking to occupy one or more units while collecting rent on remaining spaces, subject to leasing and occupancy terms.
Because the property is presented as a multi-unit asset with yard space and active leasing, it may appeal to buyers looking for an industrial building that can support both ongoing tenancy and selective owner use.
Key Highlights
- Year built: 1975
- Multi‑tenant industrial property with 2 private, fenced yards
- Newly serviced roof
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
$219,196
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
4.89%
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%
$4,383,920
$4.4M
Cap Rate 7%
$3,131,371
$3.1M
Cap Rate 9%
$2,435,511
$2.4M
Market Conditions
NOI Build-Up for 18,757 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
$333.1K $17.76/SF
− Vacancy
−$20.0K −$1.07/SF
EGI
$313.1K $16.69/SF
− OpEx
−$93.9K −$5.01/SF
NOI
$219.2K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
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%
$4,383,920
Cap Rate 7%
$3,131,371
Cap Rate 9%
$2,435,511
Alternative Uses
Best Use
Industrial
$3.13M
$2.74M – $3.65M
NOI $219,196 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.04M
$8.79M – $11.72M
NOI $702,970 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
Explore this area
Business Placement
Demographics for 91776, CA
38,031
Population
12,806
Households
3
Avg Household Size
42
Median Age
29%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
11,525
Density / Sq Mi
$79,926
Median Household Income
$37,548
Median Earnings
$1,825
Median Rent
$816,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Multi-tenant, leased industrial property featuring two private fenced yards and a newly serviced roof.
Where is this manufacturing property located?
The property is located at 109 Agostino Rd San Gabriel, CA.
What is the asking price?
The asking price for this property is $4,482,923.
What are key features of this property?
This property features: Year built: 1975; Multi‑tenant industrial property with 2 private, fenced yards; Newly serviced roof
