Warehouse with 16 Dock
For Sale
Contact for pricing
6408-6414 Gayhart St, Commerce, CA 90040
Free-standing warehouse with a large gated yard and 16 dock doors for loading and receiving.
Property Size68,679 SF
Price / SF$247.53
Days on Market40
Property Features for 6408-6414 Gayhart St
General Information
Standard status
Active
Size
68,679 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
16
Power
1,200 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Fenced Yard
Yes
Building Details
Buildings
1
Listing Agency:
Daum Commercial
(213) 626-9101
Listed By:
Ryan Zurcher · License #02238179
(714) 651-9068
Source:
Moodyscre
Added: Jul 28
Changed: Sep 4
Last Checked: Sep 4 at 12:48PM
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 Daum Commercial
Investment Insights
Based on property information with market context.
Free-standing warehouse building at 6408-6414 Gayhart St in Commerce, CA, configured as naturally divisible with two addresses. The property totals 68,679 square feet and includes a large gated yard for staging and operations.
For logistics and throughput, the building has 16 dock doors and is set up for high-capacity electrical service. Public remarks indicate 1,200 amps at 277/480 volts, supporting industrial tenants that need robust power.
The naturally divisible layout can support multiple users or phasing of space within the same facility, while the gated yard and dock-door configuration align with distribution, warehousing, and other industrial uses.
For logistics and throughput, the building has 16 dock doors and is set up for high-capacity electrical service. Public remarks indicate 1,200 amps at 277/480 volts, supporting industrial tenants that need robust power.
The naturally divisible layout can support multiple users or phasing of space within the same facility, while the gated yard and dock-door configuration align with distribution, warehousing, and other industrial uses.
Key Highlights
- 68,679 SF free‑standing warehouse building
- 16 dock doors for loading and receiving
- Large gated yard for staging and operations
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
$893,647
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
5.26%
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%
$17,872,940
$17.9M
Cap Rate 7%
$12,766,386
$12.8M
Cap Rate 9%
$9,929,411
$9.9M
Market Conditions
NOI Build-Up for 68,679 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
$1.10M $16.08/SF
− Vacancy
−$53.0K −$0.77/SF
EGI
$1.05M $15.31/SF
− OpEx
−$157.7K −$2.30/SF
NOI
$893.6K $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%
$17,872,940
Cap Rate 7%
$12,766,386
Cap Rate 9%
$9,929,411
Alternative Uses
Best Use
Warehouse
$12.77M
$11.17M – $14.89M
NOI $893,647 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$36.77M
$32.17M – $42.90M
NOI $2,573,933 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16
Dock-high doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90040, CA
12,089
Population
3,376
Households
3.6
Avg Household Size
36
Median Age
12%
College-Educated
65%
High-School Grad
5.6 sq mi
ZIP Area
2,159
Density / Sq Mi
$70,909
Median Household Income
$37,924
Median Earnings
$1,390
Median Rent
$576,900
Median Home Value
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
- Commerce Center II — 6265 Bandini Blvd, Commerce, CA 90040
- Qualex — 2638 Yates Ave, Commerce, CA 90040
- 32 Cold — 6020 Sheila St, Commerce, CA 90040
- Golden West Trading — 6020 Sheila St, Commerce, CA 90040
- Offstage Storage — 2301 S Tubeway Ave, Commerce, CA 90040
Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing warehouse with a large gated yard and 16 dock doors for loading and receiving.
Where is this warehouse located?
The property is located at 6408-6414 Gayhart St Commerce, CA.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: 68,679 SF free‑standing warehouse building; 16 dock doors for loading and receiving; Large gated yard for staging and operations
