Industrial Flex Warehouse with
18732 Corby Ave Artesia, CA 90701
For Sale
Contact for pricing
Flex warehouse with upgraded office and kitchen, plus gated yard areas and three drive-in doors.
Property Size15,208 SF
Price / SF$341.93
Days on Market623
Property Features for 18732 Corby Ave
General Information
Standard status
Active
Size
15,208 SF
Property subtype
INDUSTRIAL
Listing Agency:
Daum Commercial
(213) 999-4341
Listed By:
Sean Kim · License #02030559
(213) 999-4341
Source:
Moodyscre
Added: Nov 13, 2024
Changed: Jul 28
Last Checked: Jul 28 at 8:17PM
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 industrial flex warehouse includes upgraded office space and a kitchen area, designed to support both operations and administrative needs. The property also features gated yard spaces for controlled outdoor storage or staging, along with three drive-in doors for practical loading and access.
Located near ample retail amenities, the property offers excellent access to the 605 and 91 freeways, supporting convenient regional connectivity.
The combination of office improvements, gated yard areas, and multiple drive-in doors creates a functional layout for warehouse and light industrial users seeking on-site operational flexibility.
Located near ample retail amenities, the property offers excellent access to the 605 and 91 freeways, supporting convenient regional connectivity.
The combination of office improvements, gated yard areas, and multiple drive-in doors creates a functional layout for warehouse and light industrial users seeking on-site operational flexibility.
Key Highlights
- Flex warehouse with upgraded office space and kitchen area
- Three drive‑in doors
- Gated yard spaces
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.5k | $16.08 |
| − Vacancy | −$11.7k | −$0.77 |
| EGI | $232.8k | $15.31 |
| − OpEx | −$34.9k | −$2.30 |
| NOI | $197.9k | $13.01 |
15,208 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.83M
$2.47M – $3.30M
NOI $197,886 @ 7.0% cap · market cap 3.81%
Second Best
Industrial
$2.54M
$2.22M – $2.96M
NOI $177,722 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$8.14M
$7.12M – $9.50M
NOI $569,961 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with upgraded office and kitchen, plus gated yard areas and three drive-in doors.
Where is this flex space located?
The property is located at 18732 Corby Ave Artesia, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Flex warehouse with upgraded office space and kitchen area; Three drive‑in doors; Gated yard spaces
