Divisible Industrial Building with
For Sale
Contact for pricing
519-525 W Terrace Dr., San Dimas, CA 91773
24,948 SF industrial building with excellent freeway access.
Property Size24,948 SF
Price / SF$339
Days on Market696
Property Features for 519-525 W Terrace Dr.
General Information
Standard status
Active
Size
24,948 SF
Total Parking Spaces
50
Property subtype
Industrial
Zoning
M-1
Building Details
Year Built
1973
Buildings
1
Stories
1
Units
2
Listing Agency:
Lee & Associates - Ontario
(909) 373-2911
Listed By:
Justin Leewood · License #CA 01837452
Source:
Crexi
Added: Oct 4, 2024
Changed: Aug 23
Last Checked: Aug 29 at 2:06PM
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 Lee & Associates - Ontario
Investment Insights
Based on property information with market context.
This industrial building offers approximately 24,948 square feet of divisible space. The building features an 18-foot clear height, ground-level and dock-high loading capabilities, and ample parking. Its location provides immediate access to the 57, 210, 10, and 71 freeways.
Key Highlights
- Immediate access to 57, 210, 10, and 71 freeways
- +/- 24,948 SF industrial building
- 18’ 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
$324,622
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
3.84%
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%
$6,492,440
$6.5M
Cap Rate 7%
$4,637,457
$4.6M
Cap Rate 9%
$3,606,911
$3.6M
Market Conditions
NOI Build-Up for 24,948 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
$401.2K $16.08/SF
− Vacancy
−$19.3K −$0.77/SF
EGI
$381.9K $15.31/SF
− OpEx
−$57.3K −$2.30/SF
NOI
$324.6K $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%
$6,492,440
Cap Rate 7%
$4,637,457
Cap Rate 9%
$3,606,911
Alternative Uses
Best Use
Warehouse
$4.64M
$4.06M – $5.41M
NOI $324,622 @ 7.0% cap · market cap 3.84%
Second Best
Industrial
$4.16M
$3.64M – $4.86M
NOI $291,544 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$13.36M
$11.69M – $15.58M
NOI $934,994 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91773, CA
34,592
Population
12,363
Households
2.8
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
2,306
Density / Sq Mi
$105,926
Median Household Income
$51,673
Median Earnings
$2,232
Median Rent
$754,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 24,948 SF industrial building with excellent freeway access.
Where is this warehouse located?
The property is located at 519-525 W Terrace Dr. San Dimas, CA.
What is the asking price?
The asking price for this property is $8,457,372.
What are key features of this property?
This property features: Immediate access to 57, 210, 10, and 71 freeways; +/- 24,948 SF industrial building; 18’ clear height
