Freestanding Flex Space Industrial
For Sale
$8,585,673
1751 Yeager, La Verne, CA 91750
Free-standing flex space with a large fenced yard and multiple enclosed work areas, including two-story office.
Property Size31,917 SF
Price / SF$269
Days on Market38
Property Features for 1751 Yeager
General Information
Standard status
Active
Size
31,917 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Office Build-Out
5,883 SF
Mezzanine
6,117 SF
Trailer Parking
2
Building Details
Year Built
1999
Buildings
1
Listing Agency:
Newmark Grubb Knight Frank
Listed By:
Randy Lockhart · License #00974981
(909) 605-1100
Source:
Myfabuloushome
Added: Jul 29
Changed: Sep 4
Last Checked: Aug 25 at 5:13AM
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 Newmark Grubb Knight Frank
Investment Insights
Based on property information with market context.
This freestanding flex space industrial building includes two-story office space totaling 5,883 SF, designed to support on-site administration alongside production or R&D activity. Additional enclosed space includes 2,910 SF of A/C R&D, assembly, and showroom use.
The property also features a large fenced yard for outdoor staging or storage. A bonus storage mezzanine provides 6,117 SF, along with two truck well positions.
The overall property size is 31,917 SF. It is located minutes from I-10, I-57, I-71, and SR-210.
The property also features a large fenced yard for outdoor staging or storage. A bonus storage mezzanine provides 6,117 SF, along with two truck well positions.
The overall property size is 31,917 SF. It is located minutes from I-10, I-57, I-71, and SR-210.
Key Highlights
- 5,883 SF two‑story office space
- 2,910 SF A/C R&D, assembly and showroom space
- Large fenced yard
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
$697,680
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
8.13%
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%
$13,953,600
$14.0M
Cap Rate 7%
$9,966,857
$10.0M
Cap Rate 9%
$7,752,000
$7.8M
Market Conditions
NOI Build-Up for 31,917 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
$1.23M $38.40/SF
− Vacancy
−$295.4K −$9.25/SF
EGI
$930.2K $29.15/SF
− OpEx
−$232.6K −$7.29/SF
NOI
$697.7K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$13,953,600
Cap Rate 7%
$9,966,857
Cap Rate 9%
$7,752,000
Alternative Uses
Best Use
Office B
$9.97M
$8.72M – $11.63M
NOI $697,680 @ 7.0% cap · market cap 8.13%
Second Best
Industrial
$5.33M
$4.66M – $6.22M
NOI $372,985 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$17.09M
$14.95M – $19.94M
NOI $1,196,177 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Under-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 Office 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?
Flex space - Free-standing flex space with a large fenced yard and multiple enclosed work areas, including two-story office.
Where is this flex space located?
The property is located at 1751 Yeager La Verne, CA.
What is the asking price?
The asking price for this property is $8,585,673.
What are key features of this property?
This property features: 5,883 SF two‑story office space; 2,910 SF A/C R&D, assembly and showroom space; Large fenced yard
