Freestanding Industrial
For Sale
$5,000,000
17939 Rowland St., City of Industry, CA 91748
Freestanding industrial building with newly renovated offices, 16’ minimum clearance, and gated/fenced yard.
Property Size20,000 SF
Price / SF$250
Days on Market47
Property Features for 17939 Rowland St.
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
2
Drive-In Doors
1
Additional Details
Fenced Yard
Yes
Building Details
Building Size
20,000 SF
Year Built
1968
Listing Agency:
Daum Commercial
(213) 270-2219
Listed By:
Ian Grossman · License #CA 02179242
(213) 270-2219
Source:
Daumcommercial
Added: Jul 10
Changed: Aug 14
Last Checked: Aug 24 at 3:13AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This freestanding industrial warehouse offers 16’ minimum clearance and a single ground-level door plus two dock-high doors. The property includes newly renovated office space and a large gated and fenced yard suitable for active operations requiring secure outdoor storage or staging.
The building is located at 17939 Rowland St. in the City of Industry, CA 91748, providing a dedicated site configuration rather than shared facilities.
With its combination of warehouse height, loading access, renovated offices, and enclosed yard, the layout is designed for tenants that need functional dock and ground-level entry along with meaningful secure exterior space.
The building is located at 17939 Rowland St. in the City of Industry, CA 91748, providing a dedicated site configuration rather than shared facilities.
With its combination of warehouse height, loading access, renovated offices, and enclosed yard, the layout is designed for tenants that need functional dock and ground-level entry along with meaningful secure exterior space.
Key Highlights
- Freestanding industrial building totaling 120,000 SF (year built 1968).
- 16’ minimum clearance throughout the industrial space.
- Loading includes 2 dock high doors plus 1 ground level door.
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
$260,239
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
5.20%
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%
$5,204,780
$5.2M
Cap Rate 7%
$3,717,700
$3.7M
Cap Rate 9%
$2,891,544
$2.9M
Market Conditions
NOI Build-Up for 20,000 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
$321.6K $16.08/SF
− Vacancy
−$15.4K −$0.77/SF
EGI
$306.2K $15.31/SF
− OpEx
−$45.9K −$2.30/SF
NOI
$260.2K $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%
$5,204,780
Cap Rate 7%
$3,717,700
Cap Rate 9%
$2,891,544
Alternative Uses
Best Use
Warehouse
$3.72M
$3.25M – $4.34M
NOI $260,239 @ 7.0% cap · market cap 5.20%
Second Best
Industrial
$3.34M
$2.92M – $3.90M
NOI $233,722 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$10.71M
$9.37M – $12.49M
NOI $749,555 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91748, CA
44,737
Population
14,396
Households
3.1
Avg Household Size
43
Median Age
35%
College-Educated
85%
High-School Grad
14.2 sq mi
ZIP Area
3,150
Density / Sq Mi
$83,455
Median Household Income
$40,988
Median Earnings
$1,922
Median Rent
$781,500
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.
Similar Off Market Nearby
- Lonshine International Inc — 17870 Castleton St STE 302, City of Industry, CA 91748
- Postpartum Meal — 17595 Almahurst St, City of Industry, CA 91748
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding industrial building with newly renovated offices, 16’ minimum clearance, and gated/fenced yard.
Where is this flex space located?
The property is located at 17939 Rowland St. City of Industry, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Freestanding industrial building totaling 120,000 SF (year built 1968).; 16’ minimum clearance throughout the industrial space.; Loading includes 2 dock high doors plus 1 ground level door.
