Multi-Unit Retail
For Sale
Contact for pricing
18807-18809 Pioneer Blvd, Artesia, CA 90701
Retail space is available for sale in a multi-unit configuration at 18807–18809 Pioneer Blvd.
Property Size3,060 SF
Price / SF$519.61
Days on Market247
Property Features for 18807-18809 Pioneer Blvd
General Information
Standard status
Active
Size
3,060 SF
Property subtype
RETAIL
Listing Agency:
Pacific Investment Group
(888) 999-2098
Listed By:
Steve Park · License #01100307
(213) 220-7788
Source:
Moodyscre
Added: Jan 8
Changed: Sep 3
Last Checked: Sep 12 at 10:42AM
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 Pacific Investment Group
Investment Insights
Based on property information with market context.
This offering presents retail space available for sale across 18807–18809 Pioneer Blvd. The property consists of multiple retail units within a single address, providing a straightforward option for an investor or operator looking for retail tenancy.
The asset is located in Artesia, California, with frontage on Pioneer Blvd. As provided, no additional details are included regarding unit layout, storefront features, or tenant improvements.
Overall, this is a clean, direct retail listing suited for buyers seeking a multi-unit retail configuration.
The asset is located in Artesia, California, with frontage on Pioneer Blvd. As provided, no additional details are included regarding unit layout, storefront features, or tenant improvements.
Overall, this is a clean, direct retail listing suited for buyers seeking a multi-unit retail configuration.
Key Highlights
- Retail space available for sale in a multi‑unit configuration at 18807–18809 Pioneer Blvd.
- Retail space available.
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
$67,701
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
4.26%
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%
$1,354,020
$1.4M
Cap Rate 7%
$967,157
$967.2K
Cap Rate 9%
$752,233
$752.2K
Market Conditions
NOI Build-Up for 3,060 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
$103.6K $33.84/SF
− Vacancy
−$6.8K −$2.23/SF
EGI
$96.7K $31.61/SF
− OpEx
−$29.0K −$9.48/SF
NOI
$67.7K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /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%
$1,354,020
Cap Rate 7%
$967,157
Cap Rate 9%
$752,233
Alternative Uses
Best Use
Retail
$967.2K
$846.3K – $1.13M
NOI $67,701 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,682 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,330
Businesses Nearby
Explore this area
Business Placement
Demographics for 90701, CA
16,434
Population
4,657
Households
3.5
Avg Household Size
41
Median Age
32%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
10,271
Density / Sq Mi
$97,712
Median Household Income
$37,448
Median Earnings
$2,276
Median Rent
$763,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space is available for sale in a multi-unit configuration at 18807–18809 Pioneer Blvd.
Where is this retail space located?
The property is located at 18807-18809 Pioneer Blvd Artesia, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Retail space available for sale in a multi‑unit configuration at 18807–18809 Pioneer Blvd.; Retail space available.
