Warehouse with Private Fenced
For Sale
Contact for pricing
15000 S Broadway, Gardena, CA 90248
Corner warehouse with dock-high and ground-level loading, plus two private fenced yards.
Property Size44,066 SF
Price / SF$195
Days on Market360
Property Features for 15000 S Broadway
General Information
Standard status
Active
Size
44,066 SF
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Listing Agency:
The Klabin Company
Listed By:
Matt Stringfellow
(310) 329-9000
Source:
Moodyscre
Added: Sep 22, 2025
Changed: Sep 11
Last Checked: Sep 15 at 11:15AM
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 The Klabin Company
Investment Insights
Based on property information with market context.
This warehouse property is positioned as a corner location and includes two private fenced yards, providing enclosed outdoor space for operations. Loading is supported by both dock-high and ground-level capabilities, allowing flexibility for different loading and receiving needs.
The site is located at 15000 S Broadway in Gardena, CA, within unincorporated Los Angeles County. Public remarks indicate there is no Business License Tax associated with the property.
Overall, the combination of dock-high and ground-level loading with dedicated fenced yards makes the asset well-suited for tenants seeking straightforward on-site receiving and enclosed exterior staging.
The site is located at 15000 S Broadway in Gardena, CA, within unincorporated Los Angeles County. Public remarks indicate there is no Business License Tax associated with the property.
Overall, the combination of dock-high and ground-level loading with dedicated fenced yards makes the asset well-suited for tenants seeking straightforward on-site receiving and enclosed exterior staging.
Key Highlights
- Corner warehouse location
- Unincorporated LA County
- No business license tax (per remarks)
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
$573,384
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
6.67%
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%
$11,467,680
$11.5M
Cap Rate 7%
$8,191,200
$8.2M
Cap Rate 9%
$6,370,933
$6.4M
Market Conditions
NOI Build-Up for 44,066 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
$708.6K $16.08/SF
− Vacancy
−$34.0K −$0.77/SF
EGI
$674.6K $15.31/SF
− OpEx
−$101.2K −$2.30/SF
NOI
$573.4K $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%
$11,467,680
Cap Rate 7%
$8,191,200
Cap Rate 9%
$6,370,933
Alternative Uses
Best Use
Warehouse
$8.19M
$7.17M – $9.56M
NOI $573,384 @ 7.0% cap · market cap 6.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.59M
$20.64M – $27.52M
NOI $1,651,494 @ 7.0% cap · market cap 19.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90248, CA
11,295
Population
4,249
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
84%
High-School Grad
4.8 sq mi
ZIP Area
2,353
Density / Sq Mi
$81,777
Median Household Income
$45,831
Median Earnings
$1,602
Median Rent
$646,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Corner warehouse with dock-high and ground-level loading, plus two private fenced yards.
Where is this warehouse located?
The property is located at 15000 S Broadway Gardena, CA.
What is the asking price?
The asking price for this property is $8,592,870.
What are key features of this property?
This property features: Corner warehouse location; Unincorporated LA County; No business license tax (per remarks)
