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19449 E Walnut Dr. S.,
  • City of Industry
  • /
  • CA
  • /
  • 91748
Sale- Investment
$ 7,500,000
18,703 SF
Property Summary
  • Property Type: Industrial
  • Monthly Rent PSF: $ 0.00
  • Total Space Available: 18,703 SF
  • Smallest Space:
  • Largest Space: 18,703 SF
  • Maximum Contiguous:
  • Sale Price: $ 7,500,000
  • Sale price PSF: $ 401.01
  • Cap Rate: 4.90%
  • Construction Status: Existing
  • Year Built: 1975
  • RBA (Sq. Ft.): 18,703 SF
  • Lot Size (Sq. Ft.): 42,484 SF
  • Parking Ratio: 37 / 1,000 RSF
  • Min. Clearance Ht: 19'
  • Grade Level Loading: 4
  • Stories: 1
Property Highlights

THE OFFERING

19449 E. Walnut Dr. S., & 1165 Wright Way, City of Industry is a multi-tenant industrial building that sits on a ±42,484 sq ft parcel.

This property consists of 3 separate units:

19449 E. Walnut Dr. S. which is approximately 7,190 sq ft,

1165 Wright Way #A which is approximately 6,398 sq ft, and

1165 Wright Way #B, which is approximately 5,115 sq ft, totaling ±18,703 sq ft building area.

This property has a total of four (4) Ground Level Doors, a Ceiling Height of 19’ and 37 parking spaces altogether.

This property is conveniently located in City of Industry with freeway frontage on the 60 Freeway.

Investment Highlights

INVESTMENT HIGHLIGHTS

+ 100% leased NNN Industrial Building

+ Contractual annual lease bumps of 4% – 5%

+ Multi-tenant rent roll offers diversity of cash fl ow

+ Sherwin-Williams – National Credit

+ Desirable location with 60 Freeway frontage

+ Exceptionally strong fundamentals – 2.7% overall vacancy and no

new construction in pipeline for units this size

+ Low-finish (5% to 10% office), single story industrial units each

with exclusive loading

+ Prime East City of Industry location with historically low vacancy

and high rent growth metrics

OFFERING ATTRIBUTES

• Freeway Frontage and corner frontage (Wright Way and E. Walnut Drive S.)

• Annual bumps at 4% and 5%

• Potential to add fenced yard and exterior dock

• City of Industry

• Diversity of income (3 tenants, 1 with national credit)

• Inflation protection (NNN leases)

Available Space
  • Unit #:
  • 123
  • Space Available: 18,703 SF
  • Office Sq. Ft.: 0 SF
  • Min. Divisible:
  • Max. Contiguous:
  • Mo. Rent PSF: $ 0.00
  • Rent Type:
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