Vernon Freestanding Industrial
For Sale
Contact for pricing
5500 S Soto St, Vernon, CA 90058
71,510 SF industrial building with office space for sale.
Property Size71,510 SF
Price / SF$244.72
Days on Market164
Property Features for 5500 S Soto St
General Information
Standard status
Active
Size
71,510 SF
Property subtype
Industrial
Building Details
Year Built
2001
Listing Agency:
Colliers International
(949) 243-4122
Listed By:
Selden McKnight · License #CA 02027919
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 11 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 Colliers International
Investment Insights
Based on property information with market context.
This freestanding industrial building offers approximately 71,510 square feet of space, including about 8,730 square feet of two-story office area. The warehouse features a 24-foot clear height and is equipped with ten dock-high loading positions and two ground-level doors. It has a 122-foot truck turning radius and can accommodate 53-foot containers. The sprinkler system is rated at .45 GPM per 3,000 square feet. The property includes a fenced parking lot and has 2,000 Amps, 277/480 Volt power. Prospective buyers should verify container accommodation, sprinkler system specifications, and power capacity.
Key Highlights
- ±71,510 SF Freestanding Industrial Building
- Ten (10) Dock High Loading Positions offer efficient operations.
- Benefit from a 24’ Warehouse 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
$930,484
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
5.32%
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%
$18,609,680
$18.6M
Cap Rate 7%
$13,292,629
$13.3M
Cap Rate 9%
$10,338,711
$10.3M
Market Conditions
NOI Build-Up for 71,510 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
$1.15M $16.08/SF
− Vacancy
−$55.2K −$0.77/SF
EGI
$1.09M $15.31/SF
− OpEx
−$164.2K −$2.30/SF
NOI
$930.5K $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%
$18,609,680
Cap Rate 7%
$13,292,629
Cap Rate 9%
$10,338,711
Alternative Uses
Best Use
Warehouse
$13.29M
$11.63M – $15.51M
NOI $930,484 @ 7.0% cap · market cap 5.32%
Second Best
Industrial
$11.94M
$10.45M – $13.93M
NOI $835,672 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$38.29M
$33.50M – $44.67M
NOI $2,680,032 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
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 - 71,510 SF industrial building with office space for sale.
Where is this warehouse located?
The property is located at 5500 S Soto St Vernon, CA.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: ±71,510 SF Freestanding Industrial Building; Ten (10) Dock High Loading Positions offer efficient operations.; Benefit from a 24’ Warehouse Clear Height.
