Two-Building Industrial Warehouse
New
For Sale
Contact for pricing
14233-14263 Gannet St, La Mirada, CA 90638
Two warehouse buildings can be acquired together or separately, with heavy power and flexible configuration.
Property Size71,632 SF
Lot Size3.05 Acres
Price / SF$370
Days on Market3
Property Features for 14233-14263 Gannet St
General Information
Standard status
Active
Size
71,632 SF
Lot size
3.05 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
5
Drive-In Doors
5
Power
9,000 amps
Voltage
480 V
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Listing Agency:
Lee & Associates
(714) 647-9100
Listed By:
Nick Magarian · License #02236068
(714) 906-5916
Source:
Moodyscre
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 22 at 1:47PM
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.
The property comprises two industrial warehouse buildings totaling 71,632 square feet on 3.05 acres. The facilities provide 9,000 amps of 277/480-volt heavy power, warehouse clearance ranging from 20 to 24 feet, and fire sprinkler systems. Loading capacity includes five dock-high doors and five ground-level doors.
Located at 14233-14263 Gannet St in La Mirada, California, the property offers immediate access to the 5 and 91 freeways. The buildings are available for acquisition together or separately, providing flexibility for users seeking industrial warehouse space or a multi-building configuration.
Located at 14233-14263 Gannet St in La Mirada, California, the property offers immediate access to the 5 and 91 freeways. The buildings are available for acquisition together or separately, providing flexibility for users seeking industrial warehouse space or a multi-building configuration.
Key Highlights
- 71,632 SF industrial property across two warehouse buildings
- 3.05‑acre site with buildings available together or separately
- 9,000 amps of 277/480‑volt 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
$932,071
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
3.52%
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%
$18,641,420
$18.6M
Cap Rate 7%
$13,315,300
$13.3M
Cap Rate 9%
$10,356,344
$10.4M
Market Conditions
NOI Build-Up for 71,632 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
$1.15M $16.08/SF
− Vacancy
−$55.3K −$0.77/SF
EGI
$1.10M $15.31/SF
− OpEx
−$164.5K −$2.30/SF
NOI
$932.1K $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%
$18,641,420
Cap Rate 7%
$13,315,300
Cap Rate 9%
$10,356,344
Alternative Uses
Best Use
Warehouse
$13.32M
$11.65M – $15.53M
NOI $932,071 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$38.35M
$33.56M – $44.74M
NOI $2,684,605 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
5
Dock-high doors
5
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90638, CA
46,967
Population
15,459
Households
3
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
6,100
Density / Sq Mi
$110,606
Median Household Income
$54,235
Median Earnings
$2,052
Median Rent
$765,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
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- Iron Mountain — 16028 Marquardt Ave, Cerritos, CA 90703
- ReadySpaces — 15300 Valley View Ave, La Mirada, CA 90638
- Santa Fe Self Storage — 13633 Rosecrans Ave, Santa Fe Springs, CA 90670
Frequently Asked Questions
What type of property is this?
Warehouse - Two warehouse buildings can be acquired together or separately, with heavy power and flexible configuration.
Where is this warehouse located?
The property is located at 14233-14263 Gannet St La Mirada, CA.
What is the asking price?
The asking price for this property is $26,503,840.
What are key features of this property?
This property features: 71,632 SF industrial property across two warehouse buildings; 3.05‑acre site with buildings available together or separately; 9,000 amps of 277/480‑volt heavy power
