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Flex Space with Dock-High Loading
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2060 Garfield Ave, Commerce, CA 90040

Flex space featuring a bullpen office layout, four dock-high positions, and 1,200 amps of power.

Property Size24,500 SF
Price / SF$249
Days on Market54

Property Features for 2060 Garfield Ave

General Information

Standard status Active
Size 24,500 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Dock-High Doors 4
Power 1,200 amps
Listing Agency: CBRE - El Segundo
Listed By: Cameron Merrill · License #02111194
Source: Moodyscre
Added: Jun 8 Changed: Jul 30 Last Checked: Jul 31 at 11:22AM

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 CBRE - El Segundo

Investment Insights

Based on property information with market context.

This flex space is configured with a bullpen office layout and includes four dock-high positions for efficient loading and unloading. The property also provides 1,200 amps of power to support a range of light industrial or service uses.

With approximately 24,500 SF, the building offers practical interior space for tenants seeking a mix of functional work areas and office support.

Designed around operational needs, the dock-high loading and electrical capacity make this property a strong fit for businesses that rely on frequent receiving and distribution alongside on-site administrative functions.

Key Highlights

  • Bullpen office layout
  • Four dock‑high positions
  • 1,200 amps power

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 $394.0k $16.08
− Vacancy −$18.9k −$0.77
EGI $375.0k $15.31
− OpEx −$56.3k −$2.30
NOI $318.8k $13.01
24,500 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$4.55M
$3.98M – $5.31M (±1% cap)
NOI $318,792 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$4.09M
$3.58M – $4.77M (±1% cap)
NOI $286,309 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$13.12M
$11.48M – $15.30M (±1% cap)
NOI $918,204 @ 7.0% cap · market cap 15.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Hotel & Motel

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

4
Dock-high doors

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • S & A Wholesale Caterers — 730 S Maple Ave, Montebello, CA 90640
  • The Mixing Kart — 1018 S Montebello Blvd Suite E, Montebello, CA 90640
  • Angel City Tacodawgz — 933 S Greenwood Ave, Montebello, CA 90640

Frequently Asked Questions

What type of property is this?
Flex space - Flex space featuring a bullpen office layout, four dock-high positions, and 1,200 amps of power.
Where is this flex space located?
The property is located at 2060 Garfield Ave Commerce, CA.
What is the asking price?
The asking price for this property is $6,100,500.
What are key features of this property?
This property features: Bullpen office layout; Four dock‑high positions; 1,200 amps power
(310) 463-1317 Call to check price and availability
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