Industrial/Flex Warehouse for
For Sale
$4,200,000
5542 Buckingham Drive, Huntington Beach, CA 92649
Well-maintained industrial/flex building offers customization flexibility and convenient access to major transportation routes.
Property Size13,058 SF
Price / SF$321.64
Days on Market385
Property Features for 5542 Buckingham Drive
General Information
Standard status
Active
Size
13,058 SF
Listed By:
James Tran · License #01949084
(323) 244-8869
Source:
Expcommercial
Added: Aug 15, 2025
Changed: Sep 2
Last Checked: Sep 2 at 1:08PM
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 James Tran
Investment Insights
Based on property information with market context.
This industrial/flex property at 5542 Buckingham Drive includes approximately 13,058 SF of well-maintained space designed to support a range of operational needs. The layout provides ample room for adaptable use, with potential for customization to fit specific business requirements.
Located in Huntington Beach, California, the property offers convenient access to major transportation routes, supporting practical connectivity for logistics and distribution activities.
For sale as a warehouse/flex asset, it is positioned as a versatile option for buyers evaluating industrial and flex space in the area.
Located in Huntington Beach, California, the property offers convenient access to major transportation routes, supporting practical connectivity for logistics and distribution activities.
For sale as a warehouse/flex asset, it is positioned as a versatile option for buyers evaluating industrial and flex space in the area.
Key Highlights
- Well‑maintained 13,058 SF industrial/flex building in Huntington Beach, CA
- Versatile space with ample room for a variety of operational needs
- Potential for customization to fit specific business requirements
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
$212,872
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
5.07%
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%
$4,257,440
$4.3M
Cap Rate 7%
$3,041,029
$3.0M
Cap Rate 9%
$2,365,244
$2.4M
Market Conditions
NOI Build-Up for 13,058 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
$344.7K $26.40/SF
− Vacancy
−$17.2K −$1.32/SF
EGI
$327.5K $25.08/SF
− OpEx
−$114.6K −$8.78/SF
NOI
$212.9K $16.30/SF
Area
Huntington Beach, CA
Vacancy
5.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
35.00%
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%
$4,257,440
Cap Rate 7%
$3,041,029
Cap Rate 9%
$2,365,244
Alternative Uses
Best Use
Flex RnD
$3.04M
$2.66M – $3.55M
NOI $212,872 @ 7.0% cap · market cap 5.07%
Second Best
Warehouse
$2.93M
$2.56M – $3.42M
NOI $205,003 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$4.51M
$3.95M – $5.26M
NOI $315,899 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,752
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92649, CA
34,082
Population
15,178
Households
2.2
Avg Household Size
47
Median Age
51%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
6,086
Density / Sq Mi
$121,604
Median Household Income
$59,242
Median Earnings
$2,554
Median Rent
$1,070,800
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?
Flex space - Well-maintained industrial/flex building offers customization flexibility and convenient access to major transportation routes.
Where is this flex space located?
The property is located at 5542 Buckingham Drive Huntington Beach, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Well‑maintained 13,058 SF industrial/flex building in Huntington Beach, CA; Versatile space with ample room for a variety of operational needs; Potential for customization to fit specific business requirements
