500 Speedway Dr Irwindale, CA 91706
- Warehouses
- 297,804 SF
Current Use by Public Records
- Warehouses
Property Details for 500 Speedway Dr
- Property size
- 297,804 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Irwindale
- County
- Los Angeles
- State
- California
- Longitude
- -117.986
- Latitude
- 34.1095
