Freestanding Industrial Facility with Secured
For Sale
Contact for pricing
6920 Hermosa Circle, Buena Park, CA 90620
Freestanding, fully sprinklered industrial building with office space and a secured fenced yard for added outdoor storage and operations.
Property Size19,600 SF
Lot Size0.97 Acres
Price / SF$341.84
Days on Market58
Property Features for 6920 Hermosa Circle
General Information
Standard status
Active
Size
19,600 SF
Class
C
Total Parking Spaces
1
Lot size
0.97 Acres
Property subtype
Industrial
Zoning
MH, Buena Park
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
4
Sprinkler System
Yes
Building Details
Year Built
1979
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
The Real Estate Co
Listed By:
Joe Montes · License #1335360
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 8 at 10:24AM
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 The Real Estate Co
Investment Insights
Based on property information with market context.
The property is a freestanding industrial facility configured for a combined warehouse and office use. The warehouse is fully sprinklered and includes multiple skylights that bring in natural light. Loading is designed for operational flexibility with four (4) grade-level loading doors and two (2) dock-high loading positions. Office space totals approximately 1,911 square feet, with an additional approximately 1,441 square feet that may support expanded office, showroom, training, or administrative use depending on a buyer’s needs. The facility includes approximately 40 on-site parking spaces and a secured, fenced yard area of approximately 5,500 square feet, supporting outdoor storage and day-to-day operational needs. Warehouse racking is included. A significant capital improvement was completed in 2022 with the installation of an approximately 19,500 square foot 60-mil TPO roofing system.
Located within Buena Park’s established industrial corridor, the site is positioned for regional access through nearby connections to the 5, 91, 605, and 57 freeways, supporting efficient movement across Orange County, Los Angeles County, and the Inland Empire. The seller notes immediate occupancy is available.
This offering is well suited to an owner-user that wants control of its operating environment while benefiting from a secured yard, multiple loading configurations, and recent roof replacement. It may also appeal to buyers seeking a vacant industrial asset with functional warehouse improvements, existing office support, and the option for seller financing for qualified purchasers.
Located within Buena Park’s established industrial corridor, the site is positioned for regional access through nearby connections to the 5, 91, 605, and 57 freeways, supporting efficient movement across Orange County, Los Angeles County, and the Inland Empire. The seller notes immediate occupancy is available.
This offering is well suited to an owner-user that wants control of its operating environment while benefiting from a secured yard, multiple loading configurations, and recent roof replacement. It may also appeal to buyers seeking a vacant industrial asset with functional warehouse improvements, existing office support, and the option for seller financing for qualified purchasers.
Key Highlights
- ~19,600 SF freestanding industrial building on a ~42,252 SF parcel with immediate occupancy available
- Fully fire‑sprinklered warehouse with multiple skylights for abundant natural light
- Loading includes 4 grade‑level loading doors and 2 dock‑high loading positions for receiving and distribution
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
$385,430
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
5.75%
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%
$7,708,600
$7.7M
Cap Rate 7%
$5,506,143
$5.5M
Cap Rate 9%
$4,282,556
$4.3M
Market Conditions
NOI Build-Up for 19,600 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
$585.6K $29.88/SF
− Vacancy
−$71.7K −$3.66/SF
EGI
$513.9K $26.22/SF
− OpEx
−$128.5K −$6.55/SF
NOI
$385.4K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
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%
$7,708,600
Cap Rate 7%
$5,506,143
Cap Rate 9%
$4,282,556
Alternative Uses
Best Use
Office B
$5.51M
$4.82M – $6.42M
NOI $385,430 @ 7.0% cap · market cap 5.75%
Second Best
Flex RnD
$5.09M
$4.46M – $5.94M
NOI $356,610 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$6.58M
$5.76M – $7.68M
NOI $460,827 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
4
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90620, CA
46,564
Population
13,579
Households
3.4
Avg Household Size
40
Median Age
33%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
7,276
Density / Sq Mi
$122,582
Median Household Income
$49,523
Median Earnings
$2,263
Median Rent
$782,000
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding, fully sprinklered industrial building with office space and a secured fenced yard for added outdoor storage and operations.
Where is this flex space located?
The property is located at 6920 Hermosa Circle Buena Park, CA.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: ~19,600 SF freestanding industrial building on a ~42,252 SF parcel with immediate occupancy available; Fully fire‑sprinklered warehouse with multiple skylights for abundant natural light; Loading includes 4 grade‑level loading doors and 2 dock‑high loading positions for receiving and distribution
