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Freestanding Office Building
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2009 E 223rd St, Carson, CA 90810

Freestanding office building with 12 offices, HVAC, and 15-foot clear height.

Property Size40,488 SF
Price / SF$345.78
Days on Market447

Property Features for 2009 E 223rd St

General Information

Standard status Active
Size 40,488 SF
Property subtype RETAIL

Additional Details

Clear Height 15 ft
Office Units 12
Listing Agency: Cushman & Wakefield
Listed By: Steve Bohannon
Source: Moodyscre
Added: May 12, 2025 Changed: Jul 26 Last Checked: Jul 31 at 12:43PM

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 Cushman & Wakefield

Investment Insights

Based on property information with market context.

This freestanding office building offers a total of 8,400 square feet of office space configured with 12 offices. The property includes HVAC and a 15-foot clear height. The building also features a 14'x18' GL door and a 9'x9' DH door, supporting flexible loading or access needs within the improvements.

The property is available for occupancy beginning 7/1/25. It is being offered for sale.

With its office layout, HVAC systems, and door openings, the building is positioned for organizations that need dedicated office areas along with practical on-site access.

Key Highlights

  • Freestanding office building with 12 offices and 8,400 SF total office space
  • 15‑foot clear height
  • HVAC included

Financial Insights For Office B

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 $1.55M $38.40
− Vacancy −$374.7k −$9.25
EGI $1.18M $29.15
− OpEx −$295.0k −$7.29
NOI $885.0k $21.86
40,488 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$12.64M
$11.06M – $14.75M (±1% cap)
NOI $885,035 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.68M
$18.97M – $25.29M (±1% cap)
NOI $1,517,398 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft
Clear height
12
Office units

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 90810, CA

38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with 12 offices, HVAC, and 15-foot clear height.
Where is this office building located?
The property is located at 2009 E 223rd St Carson, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Freestanding office building with 12 offices and 8,400 SF total office space; 15‑foot clear height; HVAC included
(310) 729-6957 Call to check price and availability
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