Warehouse with Loading
For Sale
Contact for pricing
20600 Nordhoff St, Chatsworth, CA 91311
Industrial warehouse offering both dock-level and ground-level loading, with parking arranged along three sides of the building.
Property Size28,188 SF
Price / SF$315
Days on Market205
Property Features for 20600 Nordhoff St
General Information
Standard status
Active
Size
28,188 SF
Total Parking Spaces
61
Property subtype
INDUSTRIAL
Additional Details
Clear Height
18 ft
Listing Agency:
NAI Capital
(805) 278-1400
Listed By:
Timothy P. Foutz · License #00389515
(805) 377-7087
Source:
Moodyscre
Added: Feb 12
Changed: Sep 4
Last Checked: Sep 4 at 3:13PM
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 NAI Capital
Investment Insights
Based on property information with market context.
This Chatsworth warehouse contains 28,188 square feet and is configured for flexible industrial use. Loading is supported by both dock-high and ground-level access, while the building provides a minimum clearance of 18 feet. On-site parking accommodates 61 cars, with spaces positioned along three sides of the property.
Located at 20600 Nordhoff St, the property is scheduled to become available in September 2026 as the current tenant relocates. The combination of multiple loading options, clear height, and substantial on-site parking supports a range of warehouse and distribution operations.
Located at 20600 Nordhoff St, the property is scheduled to become available in September 2026 as the current tenant relocates. The combination of multiple loading options, clear height, and substantial on-site parking supports a range of warehouse and distribution operations.
Key Highlights
- 28,188‑square‑foot warehouse at 20600 Nordhoff St
- Dock‑high and ground‑level loading access
- Minimum clearance of 18'
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
$366,780
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
4.13%
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%
$7,335,600
$7.3M
Cap Rate 7%
$5,239,714
$5.2M
Cap Rate 9%
$4,075,333
$4.1M
Market Conditions
NOI Build-Up for 28,188 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
$453.3K $16.08/SF
− Vacancy
−$21.8K −$0.77/SF
EGI
$431.5K $15.31/SF
− OpEx
−$64.7K −$2.30/SF
NOI
$366.8K $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 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%
$7,335,600
Cap Rate 7%
$5,239,714
Cap Rate 9%
$4,075,333
Alternative Uses
Best Use
Warehouse
$5.24M
$4.58M – $6.11M
NOI $366,780 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.09M
$13.21M – $17.61M
NOI $1,056,422 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91311, CA
39,014
Population
14,879
Households
2.6
Avg Household Size
44
Median Age
45%
College-Educated
91%
High-School Grad
32.6 sq mi
ZIP Area
1,197
Density / Sq Mi
$117,574
Median Household Income
$60,403
Median Earnings
$2,199
Median Rent
$837,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- FAMILY MOVING SERVICES — 8525 De Soto Ave, Canoga Park, CA 91304
- Environments Plus — 8934 Eton Ave, Canoga Park, CA 91304
- Ace Storage Containers — 21250 Nordhoff St, Chatsworth, CA 91311
- Precision Moving & Storage Corp. — 8929 Oso Ave, Chatsworth, CA 91311
- BenHur Moving and Storage Inc — 8929 Oso Ave, Chatsworth, CA 91311
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse offering both dock-level and ground-level loading, with parking arranged along three sides of the building.
Where is this warehouse located?
The property is located at 20600 Nordhoff St Chatsworth, CA.
What is the asking price?
The asking price for this property is $8,879,220.
What are key features of this property?
This property features: 28,188‑square‑foot warehouse at 20600 Nordhoff St; Dock‑high and ground‑level loading access; Minimum clearance of 18'
