Industrial Flex Space For
For Sale
Contact for pricing
711-717 Monterey Pass Rd, Monterey Park, CA
Industrial flex space featuring two ground-level doors and office space.
Property Size14,760 SF
Lot Size1.51 Acres
Price / SF$237.06
Days on Market303
Property Features for 711-717 Monterey Pass Rd
General Information
Standard status
Active
Size
14,760 SF
Lot size
1.51 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Treelane Realty Group
(626) 656-2889
Listed By:
Johnny Lam · License #01064582
(626) 255-7806
Source:
Moodyscre
Added: Nov 13, 2025
Changed: Sep 8
Last Checked: Sep 12 at 11:05AM
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 Treelane Realty Group
Investment Insights
Based on property information with market context.
This industrial flex space offers an opportunity for an owner/user or investor. The property includes two ground-level doors and clear heights ranging from 16 to 25 feet. It features individual offices and office space. The electrical capacity ranges from 120 to 1200 Amps, 240 Volts, 3 Phase Power. The property has a size of 14,760 square feet.
Key Highlights
- 120‑1200 Amps, 240 Volts, 3 Phase Power
- 16'-25' Clear Height
- Features 2 GL Doors
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
$192,056
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
5.49%
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%
$3,841,120
$3.8M
Cap Rate 7%
$2,743,657
$2.7M
Cap Rate 9%
$2,133,956
$2.1M
Market Conditions
NOI Build-Up for 14,760 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
$237.3K $16.08/SF
− Vacancy
−$11.4K −$0.77/SF
EGI
$225.9K $15.31/SF
− OpEx
−$33.9K −$2.30/SF
NOI
$192.1K $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%
$3,841,120
Cap Rate 7%
$2,743,657
Cap Rate 9%
$2,133,956
Alternative Uses
Best Use
Warehouse
$2.74M
$2.40M – $3.20M
NOI $192,056 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$2.46M
$2.16M – $2.87M
NOI $172,487 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$7.90M
$6.91M – $9.22M
NOI $553,171 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Public Storage — 4400 W Ramona Blvd, Monterey Park, CA 91754
- Go Store It Self Storage — 505 Monterey Pass Rd, Monterey Park, CA 91754
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial flex space featuring two ground-level doors and office space.
Where is this warehouse located?
The property is located at 711-717 Monterey Pass Rd Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 120‑1200 Amps, 240 Volts, 3 Phase Power; 16'-25' Clear Height; Features 2 GL Doors
