Valencia Warehouse with
For Sale
Contact for pricing
28008 Harrison Pkwy, Valencia, CA
Warehouse space featuring HVAC, high power, and multiple loading docks.
Property Size17,301 SF
Lot Size0.95 Acres
Price / SF$294.78
Days on Market284
Property Features for 28008 Harrison Pkwy
General Information
Standard status
Active
Size
17,301 SF
Lot size
0.95 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 28008 Harrison Pkwy Contact us- Size
- 17,135 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
28008 Harrison Pkwy
High-Image Industrial Facility For Sale or Lease
6,002 SF Office (For 1,080 SF Portion...
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Listing Agency:
CBRE
(818) 502-6700
Listed By:
Sam Glendon · License #01826689
(818) 502-6745
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Sep 1
Last Checked: Sep 1 at 6:55PM
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 CBRE
Investment Insights
Based on property information with market context.
This warehouse space, located in Valencia, California, offers 17,301 square feet of area. The warehouse features 24' clear height and is 100% HVAC. It is equipped with 600 Amps, 277/480 Voltage, and 3 Phase electrical power. Loading is facilitated by both dock-high and ground-level access.
Key Highlights
- Reduced Rate: $0.99 PSF with 3 Months Free Rent
- 100% HVAC Warehouse Area
- Benefit from the 24' Clear Height
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
$225,120
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
4.41%
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%
$4,502,400
$4.5M
Cap Rate 7%
$3,216,000
$3.2M
Cap Rate 9%
$2,501,333
$2.5M
Market Conditions
NOI Build-Up for 17,301 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
$278.2K $16.08/SF
− Vacancy
−$13.4K −$0.77/SF
EGI
$264.8K $15.31/SF
− OpEx
−$39.7K −$2.30/SF
NOI
$225.1K $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%
$4,502,400
Cap Rate 7%
$3,216,000
Cap Rate 9%
$2,501,333
Alternative Uses
Best Use
Warehouse
$3.22M
$2.81M – $3.75M
NOI $225,120 @ 7.0% cap · market cap 4.41%
Second Best
Industrial
$2.89M
$2.53M – $3.37M
NOI $202,181 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$9.26M
$8.11M – $10.81M
NOI $648,402 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
- Valencia Travel RV Storage — 29171 Hancock Pkwy, Valencia, CA 91355
- Camelot Moving & Storage, Inc. — 28040 Industry Dr, Santa Clarita, CA 91355
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space featuring HVAC, high power, and multiple loading docks.
Where is this warehouse located?
The property is located at 28008 Harrison Pkwy Valencia, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Reduced Rate: $0.99 PSF with 3 Months Free Rent; 100% HVAC Warehouse Area; Benefit from the **24' Clear Height**
