Freestanding Industrial
For Sale
Contact for pricing
16026 Manning Way, Cerritos, CA 90703
Heavy-power industrial facility positioned opposite UPS with connections to several regional freeways.
Property Size40,042 SF
Price / SF$339
Days on Market193
Property Features for 16026 Manning Way
General Information
Standard status
Active
Size
40,042 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Power
4,000 amps
Heavy Power
Yes
Additional Details
Highway Access
Yes
Properties For Sale
at 16026 Manning Way Contact us- Size
- 40,042 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, 60 Days
- Sublease
- No
16026 Manning Way
Free Standing Building
Heavy Power (4,000 Amps)
Across from UPS
Convenient Access...
show more
Contact us
Listing Agency:
CBRE - Santa Fe Springs
(949) 307-4395
Listed By:
Chris Ehrlich · License #02037282
(949) 307-4395
Source:
Moodyscre
Added: Feb 19
Changed: Aug 30
Last Checked: Aug 30 at 6:37PM
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 - Santa Fe Springs
Investment Insights
Based on property information with market context.
This freestanding industrial building contains 40,042 square feet and is equipped with 4,000 amps of electrical service, supporting power-intensive operations. The property is classified as an industrial asset and is offered for sale.
The building sits across from UPS and provides access to Freeways 5, 91, and 605, connecting the site with major regional transportation routes.
The building sits across from UPS and provides access to Freeways 5, 91, and 605, connecting the site with major regional transportation routes.
Key Highlights
- 40,042 square feet of industrial building area
- 4,000 amps of electrical service
- Freestanding industrial building
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
$467,934
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
3.45%
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%
$9,358,680
$9.4M
Cap Rate 7%
$6,684,771
$6.7M
Cap Rate 9%
$5,199,267
$5.2M
Market Conditions
NOI Build-Up for 40,042 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
$711.1K $17.76/SF
− Vacancy
−$42.7K −$1.07/SF
EGI
$668.5K $16.69/SF
− OpEx
−$200.5K −$5.01/SF
NOI
$467.9K $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%
$9,358,680
Cap Rate 7%
$6,684,771
Cap Rate 9%
$5,199,267
Alternative Uses
Best Use
Industrial
$6.68M
$5.85M – $7.80M
NOI $467,934 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.44M
$18.76M – $25.01M
NOI $1,500,683 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 90703, CA
49,735
Population
16,160
Households
3.1
Avg Household Size
46
Median Age
57%
College-Educated
94%
High-School Grad
8.7 sq mi
ZIP Area
5,717
Density / Sq Mi
$133,300
Median Household Income
$62,992
Median Earnings
$2,910
Median Rent
$906,500
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?
Industrial property - Heavy-power industrial facility positioned opposite UPS with connections to several regional freeways.
Where is this industrial property located?
The property is located at 16026 Manning Way Cerritos, CA.
What is the asking price?
The asking price for this property is $13,574,238.
What are key features of this property?
This property features: 40,042 square feet of industrial building area; 4,000 amps of electrical service; Freestanding industrial building
