Industrial Condo with
For Sale
Contact for pricing
9346 Galena St, Jurupa Valley, CA 92509
Industrial condo offers 18’ clear height, ground-level loading, and an attached 1,500 SF office component.
Property Size6,400 SF
Price / SF$328
Days on Market151
Property Features for 9346 Galena St
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Heavy Power
Yes
Building Details
Year Built
2008
Tenancy
Single
Construction
tilt-up
Listing Agency:
RJ Realty
Listed By:
Ricky Lee · License #CA 01932116
(909) 348-3956
Source:
Crexi
Added: Apr 15
Changed: Sep 10
Last Checked: Sep 12 at 6:51AM
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 RJ Realty
Investment Insights
Based on property information with market context.
This 6,400 SF industrial condo includes a 1,500 SF office component, providing ground-floor flexibility for light distribution and administrative needs. The facility features 18’ clear height and 12’ x 14’ ground-level loading, supported by 200 amps of service with 277/480 volts 3-phase power. Built in 2008 with tilt-up construction, the property is designed for practical everyday operations.
The asset is located at 9346 Galena St in Jurupa Valley, CA. The unit is currently leased through 3/31/2027.
For owners evaluating a future owner-user approach, the combination of warehouse height, ground-level loading, and dedicated office space supports a range of industrial uses within a condo format.
The asset is located at 9346 Galena St in Jurupa Valley, CA. The unit is currently leased through 3/31/2027.
For owners evaluating a future owner-user approach, the combination of warehouse height, ground-level loading, and dedicated office space supports a range of industrial uses within a condo format.
Key Highlights
- 6,400 SF industrial condo with a 1,500 SF attached office
- 18’ clear height plus 12’ x 14’ ground‑level loading
- 2008 tilt‑up construction
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
$77,820
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
3.71%
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%
$1,556,400
$1.6M
Cap Rate 7%
$1,111,714
$1.1M
Cap Rate 9%
$864,667
$864.7K
Market Conditions
NOI Build-Up for 6,400 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
$130.6K $20.40/SF
− Vacancy
−$10.8K −$1.69/SF
EGI
$119.7K $18.71/SF
− OpEx
−$41.9K −$6.55/SF
NOI
$77.8K $12.16/SF
Area
Jurupa Valley, CA
Vacancy
8.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
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%
$1,556,400
Cap Rate 7%
$1,111,714
Cap Rate 9%
$864,667
Alternative Uses
Best Use
Flex RnD
$1.11M
$972.8K – $1.30M
NOI $77,820 @ 7.0% cap · market cap 3.71%
Second Best
Warehouse
$1.05M
$916.5K – $1.22M
NOI $73,322 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,603 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92509, CA
78,166
Population
20,929
Households
3.7
Avg Household Size
34
Median Age
14%
College-Educated
72%
High-School Grad
30.7 sq mi
ZIP Area
2,546
Density / Sq Mi
$95,218
Median Household Income
$40,015
Median Earnings
$1,698
Median Rent
$501,200
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo offers 18’ clear height, ground-level loading, and an attached 1,500 SF office component.
Where is this flex space located?
The property is located at 9346 Galena St Jurupa Valley, CA.
What is the asking price?
The asking price for this property is $2,099,200.
What are key features of this property?
This property features: 6,400 SF industrial condo with a 1,500 SF attached office; 18’ clear height plus 12’ x 14’ ground‑level loading; 2008 tilt‑up construction
