Industrial Warehouse with Heavy
For Sale
Contact for pricing
2042 Garfield Ave, Commerce, CA 90040
Large industrial facility with loading access, a fenced yard, and M2 zoning.
Property Size56,715 SF
Price / SF$260.07
Days on Market103
Property Features for 2042 Garfield Ave
General Information
Standard status
Active
Size
56,715 SF
Property subtype
INDUSTRIAL
Zoning
M2
Site & Location
Neighborhood
Simons
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
18 ft
Power
1,200 amps
Heavy Power
Yes
Listing Agency:
Cushman & Wakefield
(310) 516-9100
Listed By:
David Schatz · License #02060440
(818) 665-8602
Source:
Moodyscre
Added: Jul 22
Changed: Oct 25
Last Checked: Nov 1 at 6:09AM
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
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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 56,715-square-foot industrial warehouse offers 1,200 amps of power, 18+ feet of clearance, and 6+ loading docks. The property includes a fenced yard and is zoned M2, supporting an industrial operating profile with substantial power and loading infrastructure.
Located on Garfield Ave in Commerce, the facility has major street frontage and close proximity to the 5 Freeway.
Located on Garfield Ave in Commerce, the facility has major street frontage and close proximity to the 5 Freeway.
Key Highlights
- 56,715‑square‑foot industrial warehouse
- 1,200 amps of power
- 18+ feet of clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$737,972
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,759,440
$14.8M
Cap Rate 7%
$10,542,457
$10.5M
Cap Rate 9%
$8,199,689
$8.2M
Market Conditions
NOI Build-Up for 56,715 SF
Gross rent
$912.0K $16.08/SF
− Vacancy
−$43.8K −$0.77/SF
EGI
$868.2K $15.31/SF
− OpEx
−$130.2K −$2.30/SF
NOI
$738.0K $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 Rate 5%
$14,759,440
Cap Rate 7%
$10,542,457
Cap Rate 9%
$8,199,689
Alternative Uses
Best Use
Warehouse
$10.54M
$9.22M – $12.30M
NOI $737,972 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$9.47M
$8.28M – $11.05M
NOI $662,776 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$30.36M
$26.57M – $35.43M
NOI $2,125,549 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
18 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90040, CA
12,089
Population
3,376
Households
3.6
Avg Household Size
36
Median Age
12%
College-Educated
65%
High-School Grad
5.6 sq mi
ZIP Area
2,159
Density / Sq Mi
$70,909
Median Household Income
$37,924
Median Earnings
$1,390
Median Rent
$576,900
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
Similar Off Market Nearby
- Public Storage — 1012 S Maple Ave, Montebello, CA 90640
- Handy Self Storage — 1500 E Washington Blvd, Montebello, CA 90640
- Offstage Storage — 2301 S Tubeway Ave, Commerce, CA 90040
- Api Kirk Containers — Flotilla St, Commerce, CA 90040
- DJ's Towing LLC — 1553 W Olympic Blvd, Montebello, CA 90640
Frequently Asked Questions
What type of property is this?
Warehouse - Large industrial facility with loading access, a fenced yard, and M2 zoning.
Where is this warehouse located?
The property is located at 2042 Garfield Ave Commerce, CA.
What is the asking price?
The asking price for this property is $14,750,000.
What are key features of this property?
This property features: 56,715‑square‑foot industrial warehouse; 1,200 amps of power; 18+ feet of clearance
