Freestanding Warehouse with Grade
For Sale
$11,500,000
2180 Temple Ave, Long Beach, CA 90804
Freestanding warehouse featuring nine grade level doors and clear heights up to 18'2".
Property Size48,191 SF
Price / SF$238.63
Days on Market38
Property Features for 2180 Temple Ave
General Information
Standard status
Active
Size
48,191 SF
Property subtype
Vacant-User
Warehouse & Industrial
Clear Height
18.2 ft
Drive-In Doors
9
Amenities
Ideal Owner-User Opportunity
Immediate Usability With Income Offset: 76% of the building available for near-term occupancy, with ~24% leased through August 2028
Flexible Configuration: Supports both single-tenant and multi-tenant use
Premier Infill Location: Situated atop Signal Hill with excellent visibility and quick access to the 405 and 710 Freeways
Building Details
Building Size
48,191 SF
Year Built
1960
Listing Agency:
Marcus & Millichap - South Bay
Listed By:
Andrew Defendis · License #License(s): CA: 02192946
(310) 909-5416
Source:
Marcusmillichap
Added: Jul 27
Changed: Aug 28
Last Checked: Sep 1 at 2:55PM
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 Marcus & Millichap - South Bay
Investment Insights
Based on property information with market context.
This freestanding warehouse is an owner-user opportunity designed to support both single-tenant and multi-tenant use. The building includes nine grade level doors, with clear height ranging from 15'6" to 18'2". Electrical service is listed as 120-amp / 240-volt.
The property is located at 2180 Temple Ave in Long Beach, CA 90755.
With multiple grade level doors and a flexible tenant configuration, the space is well suited for a variety of warehouse operating needs requiring roll-up access and meaningful overhead clearance.
The property is located at 2180 Temple Ave in Long Beach, CA 90755.
With multiple grade level doors and a flexible tenant configuration, the space is well suited for a variety of warehouse operating needs requiring roll-up access and meaningful overhead clearance.
Key Highlights
- Freestanding warehouse with 9 grade level doors
- Clear height range of 15'6" to 18'2"
- 120‑amp / 240‑volt electrical service
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
$706,610
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
6.14%
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%
$14,132,200
$14.1M
Cap Rate 7%
$10,094,429
$10.1M
Cap Rate 9%
$7,851,222
$7.9M
Market Conditions
NOI Build-Up for 48,191 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
$873.2K $18.12/SF
− Vacancy
−$41.9K −$0.87/SF
EGI
$831.3K $17.25/SF
− OpEx
−$124.7K −$2.59/SF
NOI
$706.6K $14.66/SF
Area
Long Beach, CA
Vacancy
4.80%
Lease Rate
$18.12 /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%
$14,132,200
Cap Rate 7%
$10,094,429
Cap Rate 9%
$7,851,222
Alternative Uses
Best Use
Warehouse
$10.09M
$8.83M – $11.78M
NOI $706,610 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.80M
$22.58M – $30.10M
NOI $1,806,089 @ 7.0% cap · market cap 15.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
9
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 4295 Outer Traffic Cir, Long Beach, CA 90804
- Signal Hill Self-Storage — 2901 E Pacific Coast Hwy, Signal Hill, CA 90755
- Allied Van Lines — 3333 E Willow St Suite 100, Long Beach, CA 90806
- Top Rhino — 1717 E 28th St, Signal Hill, CA 90755
- A.P.S. Muscle Cars Inc. — 1795 E 28th St, Signal Hill, CA 90755
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse featuring nine grade level doors and clear heights up to 18'2".
Where is this warehouse located?
The property is located at 2180 Temple Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Freestanding warehouse with 9 grade level doors; Clear height range of 15'6" to 18'2"; 120‑amp / 240‑volt electrical service
