Single-Tenant Industrial
For Sale
$5,991,680
1747 Wright, La Verne, CA 91750
1991-built industrial building with two-story office, 22' clear height, dock-high and grade-level doors, and enclosed storage.
Property Size18,724 SF
Lot Size0.87 Acres
Price / SF$320
Days on Market123
Property Features for 1747 Wright
General Information
Standard status
Active
Size
18,724 SF
Lot size
0.87 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
1
Drive-In Doors
1
Additional Details
Highway Access
Yes
Amenities
grand entrance lobby
swamp coolers
space heaters
enclosed storage space
Building Details
Year Built
1991
Tenancy
Single
Listing Agency:
Coldwell Banker Envision (abi.usa20@gmail.com)
(949) 520-0680
Listed By:
Wen Carter
(714) 497-3550
Source:
Sevengables
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 23 at 3:14AM
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 (abi.usa20@gmail.com)
Investment Insights
Based on property information with market context.
This single-tenant industrial facility was built in 1991 and offers a functional warehouse layout with 22’ clear height, enclosed storage, and one dock-high loading door plus one grade-level door. The property totals approximately 118,724 square feet and includes approximately 5,000 square feet of two-story office space with a grand entrance lobby. Additional office and operational improvements include swamp coolers and space heaters, along with ample on-site parking.
Located in the Arrow Corridor industrial market of La Verne, the property provides regional access throughout the Los Angeles and Inland Empire markets, situated near the 210, 57, and 10 Freeways.
The site is sized at approximately 0.87 acres and is positioned to support manufacturing, warehousing, distribution, or service-oriented operations.
Located in the Arrow Corridor industrial market of La Verne, the property provides regional access throughout the Los Angeles and Inland Empire markets, situated near the 210, 57, and 10 Freeways.
The site is sized at approximately 0.87 acres and is positioned to support manufacturing, warehousing, distribution, or service-oriented operations.
Key Highlights
- Single‑tenant industrial facility on approx. 0.87 acres with 18,724 SF total building area
- Built in 1991 with functional industrial layout and 22’ clear height
- Loading includes 1 dock‑high loading door and 1 grade‑level door, plus enclosed storage space
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
$243,635
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
4.07%
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%
$4,872,700
$4.9M
Cap Rate 7%
$3,480,500
$3.5M
Cap Rate 9%
$2,707,056
$2.7M
Market Conditions
NOI Build-Up for 18,724 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
$301.1K $16.08/SF
− Vacancy
−$14.5K −$0.77/SF
EGI
$286.6K $15.31/SF
− OpEx
−$43.0K −$2.30/SF
NOI
$243.6K $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%
$4,872,700
Cap Rate 7%
$3,480,500
Cap Rate 9%
$2,707,056
Alternative Uses
Best Use
Warehouse
$3.48M
$3.05M – $4.06M
NOI $243,635 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$3.13M
$2.74M – $3.65M
NOI $218,810 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$10.02M
$8.77M – $11.70M
NOI $701,733 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91750, CA
33,376
Population
12,928
Households
2.6
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
18.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$104,827
Median Household Income
$56,417
Median Earnings
$2,217
Median Rent
$789,100
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.
Similar Off Market Nearby
- Extra Space Storage — 1960 S San Dimas Canyon Rd, La Verne, CA 91750
- SmartStop Self Storage — 2234 Arrow Hwy, La Verne, CA 91750
- Pro Racking Systems Inc — 680 E Arrow Hwy, La Verne, CA 91750
Frequently Asked Questions
What type of property is this?
Warehouse - 1991-built industrial building with two-story office, 22' clear height, dock-high and grade-level doors, and enclosed storage.
Where is this warehouse located?
The property is located at 1747 Wright La Verne, CA.
What is the asking price?
The asking price for this property is $5,991,680.
What are key features of this property?
This property features: Single‑tenant industrial facility on approx. 0.87 acres with 18,724 SF total building area; Built in 1991 with functional industrial layout and 22’ clear height; Loading includes 1 dock‑high loading door and 1 grade‑level door, plus enclosed storage space
