Flex Space with Fenced
For Sale
Contact for pricing
15032 S Normandie Ave, Gardena, CA 90247
C3-zoned facility with whole-building HVAC, high electrical power, and grade-level loading access.
Property Size2,238 SF
Price / SF$424.49
Days on Market51
Property Features for 15032 S Normandie Ave
General Information
Standard status
Active
Size
2,238 SF
Property subtype
INDUSTRIAL
Zoning
C3
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
1
Heavy Power
Yes
Conditioned Warehouse
Yes
Amenities
Prominent Signage
Security Cameras
Listing Agency:
CBRE - El Segundo
(310) 363-4900
Listed By:
Dean Haney · License #01118306
(310) 614-2092
Source:
Moodyscre
Added: Aug 17
Changed: Sep 13
Last Checked: Oct 5 at 7:09PM
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 CBRE - El Segundo
Investment Insights
Based on property information with market context.
This 2,238-square-foot flex space combines a practical building footprint with features suited to industrial and commercial operations. The property includes HVAC throughout the building, high electrical power, security cameras, and a grade-level loading door. A fully fenced and gated yard adds controlled exterior space, while prominent signage supports identification from the property.
Located at 15032 S Normandie Ave in Gardena, California, the property is near the 110 Freeway. C3 zoning and a 4.5:1,000 parking ratio further define the site’s commercial profile.
Located at 15032 S Normandie Ave in Gardena, California, the property is near the 110 Freeway. C3 zoning and a 4.5:1,000 parking ratio further define the site’s commercial profile.
Key Highlights
- 2,238 SF flex space
- C3 zoning
- 4.5:1,000 parking ratio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,121
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,420
$582.4K
Cap Rate 7%
$416,014
$416.0K
Cap Rate 9%
$323,567
$323.6K
Market Conditions
NOI Build-Up for 2,238 SF
Gross rent
$36.0K $16.08/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$34.3K $15.31/SF
− OpEx
−$5.1K −$2.30/SF
NOI
$29.1K $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 Rate 5%
$582,420
Cap Rate 7%
$416,014
Cap Rate 9%
$323,567
Alternative Uses
Best Use
Warehouse
$416.0K
$364.0K – $485.4K
NOI $29,121 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$373.6K
$326.9K – $435.9K
NOI $26,153 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,875 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,995
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90247, CA
48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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- BigChefGrill — 16001 S Hoover St, Gardena, CA 90247
- West Coast Hospitality Group — 1850 W 144th St, Gardena, CA 90249
- Crawford Electric Inc — 1230 W 144th St, Gardena, CA 90247
Frequently Asked Questions
What type of property is this?
Flex space - C3-zoned facility with whole-building HVAC, high electrical power, and grade-level loading access.
Where is this flex space located?
The property is located at 15032 S Normandie Ave Gardena, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,238 SF flex space; C3 zoning; 4.5:1,000 parking ratio
