Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9020 Aviation Blvd Inglewood, CA 90301

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    215,455 SF industrial building for lease in Inglewood.

    Type:Industrial
    Property size:
    215,455 SF
    Added:
    Nov 15, 2024
    Days on Market:
    522
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 9020 Aviation Blvd

    General Information

    Standard status
    Active
    Size
    215,455 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 9020 Aviation Blvd Contact us

    We can help!

    Listing Contact
    Bret Quinlan

    Listing agent Bret Quinlan License #CA 01144338

    Listing office CBRE - South Bay

    Listing date Nov 15, 2024

    Source Crexi

    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 - South Bay

    Overview

    Inglewood Industrial Building Available

    An industrial building offering 215,455 square feet is available for lease in Inglewood, California.
    Location Intelligence

    Current Use by Public Records

    ATM Atm National Car Rental Car Rental Facility First Store Home Decor Store Exotic Car Collection ... Car Rental Facility Enterprise Rent-A-Car - LAX ... Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • JOE'S LOT LINXS PROJECT — 6133 w century blvd, los angeles, ca 90045
    • Extra Space Storage — 5221 W 102nd St, Los Angeles, CA 90045
    • American Standard Development — 5221 w 102nd st, los angeles, ca 90045
    • Bounce Luggage Storage - LAX — 5250 W Century Blvd #110, Los Angeles, CA 90045
    • All day courier — 5757 W Century Blvd Suite 535, Los Angeles, CA 90045

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3761195
    Latitude
    33.9550529

    Nearby Similar for Lease

    • Contact for pricing

      Inglewood Office Space For Lease

      Upstairs office space in Inglewood, includes all utilities.
      303 W Manchester Boulevard, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Move-in Ready Inglewood Office Suite

      Fully built-out office suite in Inglewood's growth corridor.
      1107 S La Brea, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Inglewood Office Space For Lease

      Upstairs office space with utilities included and shared bathrooms.
      303 W Manchester Boulevard, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Inglewood Retail Storefront For Lease

      1080 SF retail unit with high visibility and foot traffic.
      1123 N La Brea Avenue, Inglewood, CA 90302
      View Details
    • Contact for pricing

      Retail Space Near Century

      Retail space for rent near Century in Los Angeles.
      1107 S La Brea, Inglewood, CA 90301
      View Details
    • Contact for pricing

      Spanish-Style Medical Building For Lease

      Two-story medical building with modern design, ideal for wellness center.
      447 N Prairie Ave, Inglewood, CA 90301
      View Details
    • $1.75/mo

      Industrial Space Near LAX Airport

      Industrial property with offices, high ceilings, and convenient freeway access.
      Inglewood, CA 90302
      View Details
    • Contact for pricing

      Inglewood Retail and Office Spaces

      Retail and office spaces for lease in Inglewood, CA.
      11030 S Inglewood Avenue, Inglewood, CA 90304
      View Details
    • Contact for pricing

      Spanish-Style Medical Building For Lease

      Two-story medical building with modern design and practical functionality.
      447 N Prairie Ave, Inglewood, CA 90301
      View Details
    • $1.60/mo

      Free Standing Warehouse Near Freeway

      5,616 SF warehouse with 3-phase power and freeway access.
      900 W Hyde Park Blvd, Inglewood, CA
      View Details
    • $1.30/mo

      Inglewood Warehouse Near 405 Freeway

      Warehouse space near Culver City and LAX with loading doors.
      120-136 N Ash Ave, Inglewood, CA
      View Details
    • $3/mo

      Inglewood Creative Office Space

      Creative office space available for rent in Inglewood, CA.
      6819 West Blvd, Inglewood, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - 215,455 SF industrial building for lease in Inglewood.
    Where is this warehouse located?
    The property is located at 9020 Aviation Blvd Inglewood, CA.
    What are key features of this property?
    This property features: 215,455 SF Industrial Building available.; Located in Inglewood, California.; Property is an Industrial Building.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bret Quinlan
    Real Estate License ID: CA 01144338
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!