Torrance Industrial Space
For Sale
Contact for pricing
19626 S Normandie Ave., Torrance, CA 90502
Industrial property available for lease in Torrance, California.
Property Size10,140 SF
Price / SF$0.01
Days on Market203
Property Features for 19626 S Normandie Ave.
General Information
Standard status
Active
Size
10,140 SF
Property subtype
Industrial
Building Details
Building Size
10,140 SF
Year Built
1955
Stories
1
Properties For Sale
at 19626 S Normandie Ave.
Available Space
Size
10,140 SF
Lease Type
NNN
10,140 SF Building on Approximately 27,905 SF of Land, plus 3,312 SF easement High Visibility Street Major Street Frontage Immediate Access to 405 & 110 Freeways Close Proximity to LA and Long Beach Ports Great Contractor’s Yard Grade Level Loading Prime South Bay Location Large Fenced Yard Great Contractors Yard Zoned M-2 Heavy Manufacturing Located in Unincorporated LA County, Allowing Truck and Container Uses Possession Date April, 2023
Contact us
Listing Agency:
Torrance
Listed By:
Dustin Hullinger · License #CA #02078021
(949) 341-4514
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 21
Last Checked: Oct 20 at 5:04PM
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 Torrance
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property, located in Torrance, California, offers 4,150,000 square feet of space. The property is available for lease.
Key Highlights
- Industrial property available for lease.
- Located in Torrance, California.
- Year Built: 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,553,757
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,075,140
$1,031.1M
Cap Rate 7%
$736,482,243
$736.5M
Cap Rate 9%
$572,819,522
$572.8M
Market Conditions
NOI Build-Up for 4,150,000 SF
Gross rent
$78.68M $18.96/SF
− Vacancy
−$5.04M −$1.21/SF
EGI
$73.65M $17.75/SF
− OpEx
−$22.09M −$5.32/SF
NOI
$51.55M $12.42/SF
Area
Torrance, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,075,140
Cap Rate 7%
$736,482,243
Cap Rate 9%
$572,819,522
Alternative Uses
Best Use
Industrial
$736.48M
$644.42M – $859.23M
NOI $51,553,757 @ 7.0% cap · market cap 239,784.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$84,076.51M
$73,566.94M – $98,089.26M
NOI $5,885,355,584 @ 7.0% cap · market cap 27,373,746.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
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Business Placement
Demographics for 90502, CA
18,977
Population
6,899
Households
2.8
Avg Household Size
44
Median Age
37%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
8,626
Density / Sq Mi
$98,867
Median Household Income
$46,382
Median Earnings
$1,903
Median Rent
$655,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property available for lease in Torrance, California.
Where is this industrial property located?
The property is located at 19626 S Normandie Ave. Torrance, CA.
What are key features of this property?
This property features: Industrial property available for lease.; Located in Torrance, California.; Year Built: 1955
