Property profile

500 Speedway Dr Irwindale, CA 91706

OFF-MARKET
Warehouses
297,804 SF
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Property summary

AI-generated overview

This exceptional single-tenant industrial property, located in Los Angeles County's Irwindale Commerce Center, offers a substantial 297,804 square feet of flex/warehouse space. Situated on a generous 63.3-acre lot, this building boasts a 36-foot ceiling height and enjoys prime freeway frontage on the San Gabriel (605) Freeway, with convenient access via Live Oak Avenue. The property's strategic location provides immediate access to the Ports of Los Angeles/Long Beach and is within 20 miles of Downtown Los Angeles, allowing efficient distribution to Southern California's 25 million residents within a two-hour radius. This location capitalizes on the high demand and low vacancy rates currently characterizing the Southern California industrial market, a trend highlighted by JLL's 2022 data showing the region with the highest demand and lowest vacancy among all 52 US industrial markets. The site presents a unique opportunity for significant expansion, with the potential to develop up to 1,378,000 square feet of industrial space. This development addresses the scarcity of modern industrial facilities in Los Angeles County, where 80% of the existing inventory is over 25 years old and fails to meet current market demands for state-of-the-art logistics facilities. Estimated completion is projected for 2026.

Property profile

Verified
Property type Warehouses
Total area 297,804 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Speedway Dr Irwindale, CA 91706
Irwindale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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