Warehouse with Dock-High
For Sale
$9,000,000
970 Brighton Court, San Dimas, CA 91773
Improved warehouse with racking, three dock-high positions, and three ground-level doors plus three levels of office space.
Property Size28,277 SF
Days on Market54
Property Features for 970 Brighton Court
General Information
Standard status
Active
Size
28,277 SF
Property subtype
Industrial
Warehouse & Industrial
Dock-High Doors
3
Drive-In Doors
3
Building Details
Building Size
28,277 SF
Year Built
1989
Listing Agency:
Newmark Grubb Knight Frank
(909) 605-1100
Listed By:
Randy Lockhart · License #00974981
Source:
Velocityrealtysd
Added: Jul 8
Changed: Aug 28
Last Checked: Aug 29 at 2:25PM
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 Newmark Grubb Knight Frank
Investment Insights
Based on property information with market context.
This high-image flex-style warehouse property includes racking in place, foil insulation, skylights, and metal halide lighting. Loading includes three dock-high positions equipped with EODs and three ground-level doors. Office space is distributed across multiple areas, including a downstairs office of 1,576 SF (reception, open bullpen, two offices, and one restroom), an upstairs office of 1,118 SF (five offices and one restroom), and an additional warehouse office of 368 SF (two offices and one restroom). Renovations are currently in progress.
The property is located at 970 Brighton Ct in San Dimas, CA 91773. BikeScore is 36 (somewhat bikeable), WalkScore is 35 (car-dependent), and transitScore is 33 (some transit).
Available as a for-sale offering and also for lease with an option to purchase, this site is configured for operations needing both warehouse functionality and dedicated office support.
The property is located at 970 Brighton Ct in San Dimas, CA 91773. BikeScore is 36 (somewhat bikeable), WalkScore is 35 (car-dependent), and transitScore is 33 (some transit).
Available as a for-sale offering and also for lease with an option to purchase, this site is configured for operations needing both warehouse functionality and dedicated office support.
Key Highlights
- Improved warehouse built in 1989 with racking in place
- Loading includes 3 dock‑high positions with EODs and 3 ground‑level doors
- Three levels of office space: 1,576 SF downstairs office, 1,118 SF upstairs office, and 368 SF warehouse office
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
$367,939
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
4.09%
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%
$7,358,780
$7.4M
Cap Rate 7%
$5,256,271
$5.3M
Cap Rate 9%
$4,088,211
$4.1M
Market Conditions
NOI Build-Up for 28,277 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
$454.7K $16.08/SF
− Vacancy
−$21.8K −$0.77/SF
EGI
$432.9K $15.31/SF
− OpEx
−$64.9K −$2.30/SF
NOI
$367.9K $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%
$7,358,780
Cap Rate 7%
$5,256,271
Cap Rate 9%
$4,088,211
Alternative Uses
Best Use
Warehouse
$5.26M
$4.60M – $6.13M
NOI $367,939 @ 7.0% cap · market cap 4.09%
Second Best
Industrial
$4.72M
$4.13M – $5.51M
NOI $330,447 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$15.14M
$13.25M – $17.66M
NOI $1,059,758 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Dock-high doors
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,464
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91773, CA
34,592
Population
12,363
Households
2.8
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
2,306
Density / Sq Mi
$105,926
Median Household Income
$51,673
Median Earnings
$2,232
Median Rent
$754,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Guacamole King — 402 W Arrow Hwy #10, San Dimas, CA 91773
Frequently Asked Questions
What type of property is this?
Flex space - Improved warehouse with racking, three dock-high positions, and three ground-level doors plus three levels of office space.
Where is this flex space located?
The property is located at 970 Brighton Court San Dimas, CA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Improved warehouse built in 1989 with racking in place; Loading includes 3 dock‑high positions with EODs and 3 ground‑level doors; Three levels of office space: 1,576 SF downstairs office, 1,118 SF upstairs office, and 368 SF warehouse office
