Flex Building with Fenced
New
For Sale
$2,304,000
1450 W Industrial Park, Covina, CA 91722
Office and warehouse areas are paired with loading access and a secured outdoor yard.
Property Size7,200 SF
Lot Size0.40 Acres
Price / SF$320
Days on Market4
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Property Features for 1450 W Industrial Park
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.40 Acres
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
15 ft
Warehouse Space
4,200 SF
Office Build-Out
3,000 SF
Dock-High Doors
1
Drive-In Doors
1
Power
600 amps
Voltage
208 V
Three-Phase Power
Yes
Building Details
Building Size
7,200 SF
Year Built
1968
Buildings
1
Listing Agency:
Coldwell Banker Envision
Listed By:
Kevin Lee · License #01720786
(562) 945-2221
Source:
Velocityrealtysd
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:08AM
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 Coldwell Banker Envision
Investment Insights
Based on property information with market context.
This freestanding flex property in Covina contains approximately 7,200 SF, including about 3,000 SF of office space and 4,200 SF of industrial and warehouse area. The building, constructed in 1968, has a glass-front entry, minimum ceiling heights of 15 feet, one dock-high door, one ground-level loading door, and an exterior truck well. Electrical service is 600-amp, 120/208V, 3-phase. A fenced yard occupies part of the approximately 17,446 SF site.
The property is near Azusa Avenue, Arrow Highway, and San Bernardino Road, with access to regional transportation routes. The office, work area, loading features, and enclosed yard are arranged within one freestanding property.
The property is near Azusa Avenue, Arrow Highway, and San Bernardino Road, with access to regional transportation routes. The office, work area, loading features, and enclosed yard are arranged within one freestanding property.
Key Highlights
- Approximately 7,200 SF building on approximately 17,446 SF of land
- Approximately 3,000 SF of office space and 4,200 SF of industrial/warehouse area
- Fenced outdoor yard and exterior truck well
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,686
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,873,720
$1.9M
Cap Rate 7%
$1,338,371
$1.3M
Cap Rate 9%
$1,040,956
$1.0M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$115.8K $16.08/SF
− Vacancy
−$5.6K −$0.77/SF
EGI
$110.2K $15.31/SF
− OpEx
−$16.5K −$2.30/SF
NOI
$93.7K $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%
$1,873,720
Cap Rate 7%
$1,338,371
Cap Rate 9%
$1,040,956
Alternative Uses
Best Use
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,686 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$1.20M
$1.05M – $1.40M
NOI $84,140 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$3.85M
$3.37M – $4.50M
NOI $269,840 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91722, CA
36,111
Population
10,340
Households
3.5
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
4.1 sq mi
ZIP Area
8,808
Density / Sq Mi
$98,033
Median Household Income
$39,738
Median Earnings
$2,039
Median Rent
$626,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Two Twenty Two Catering — 744 N Azusa Ave #1071, West Covina, CA 91791
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are paired with loading access and a secured outdoor yard.
Where is this flex space located?
The property is located at 1450 W Industrial Park Covina, CA.
What is the asking price?
The asking price for this property is $2,304,000.
What are key features of this property?
This property features: Approximately 7,200 SF building on approximately 17,446 SF of land; Approximately 3,000 SF of office space and 4,200 SF of industrial/warehouse area; Fenced outdoor yard and exterior truck well
