Warehouse with Fenced
For Sale
Contact for pricing
6446 Flotilla St, Commerce, CA 90040
Freestanding warehouse with a large fenced yard and easy access to nearby major freeways.
Property Size15,060 SF
Price / SF$269
Days on Market194
Property Features for 6446 Flotilla St
General Information
Standard status
Active
Size
15,060 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Listing Agency:
CBRE - El Segundo
(310) 363-4900
Listed By:
Cameron Merrill · License #01392623
(310) 463-1317
Source:
Moodyscre
Added: Mar 3
Changed: Aug 12
Last Checked: Sep 12 at 10:42AM
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 - El Segundo
Investment Insights
Based on property information with market context.
Freestanding warehouse with a large fenced yard and bow-truss roof construction. The property is offered for sale and is configured for practical storage and yard operations, supported by its enclosed outdoor space.
Access is positioned for convenience with easy access to the 5, 60, 715, and 605 freeways. The property is in close proximity to Citadel Outlet Stores, supporting visibility and ease of reaching retail-oriented destinations.
Designed with a straightforward warehouse configuration, this fenced-yard setup can be a strong fit for tenants needing secured outdoor staging alongside enclosed storage under the bow-truss roof.
Access is positioned for convenience with easy access to the 5, 60, 715, and 605 freeways. The property is in close proximity to Citadel Outlet Stores, supporting visibility and ease of reaching retail-oriented destinations.
Designed with a straightforward warehouse configuration, this fenced-yard setup can be a strong fit for tenants needing secured outdoor staging alongside enclosed storage under the bow-truss roof.
Key Highlights
- Freestanding warehouse with a large fenced yard
- Bow‑truss roof
- Easy access to the 5, 60, 715, and 605 freeways
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
$195,960
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
4.84%
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%
$3,919,200
$3.9M
Cap Rate 7%
$2,799,429
$2.8M
Cap Rate 9%
$2,177,333
$2.2M
Market Conditions
NOI Build-Up for 15,060 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
$242.2K $16.08/SF
− Vacancy
−$11.6K −$0.77/SF
EGI
$230.5K $15.31/SF
− OpEx
−$34.6K −$2.30/SF
NOI
$196.0K $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%
$3,919,200
Cap Rate 7%
$2,799,429
Cap Rate 9%
$2,177,333
Alternative Uses
Best Use
Warehouse
$2.80M
$2.45M – $3.27M
NOI $195,960 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.06M
$7.06M – $9.41M
NOI $564,415 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Freestanding warehouse with a large fenced yard and easy access to nearby major freeways.
Where is this warehouse located?
The property is located at 6446 Flotilla St Commerce, CA.
What is the asking price?
The asking price for this property is $4,051,140.
What are key features of this property?
This property features: Freestanding warehouse with a large fenced yard; Bow‑truss roof; Easy access to the 5, 60, 715, and 605 freeways
