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Investment Highlights

  • Rare Owner-User Opportunity in a Supply-Constrained South Bay Submarket
  • Mark-to-Market Rent Upside Across Existing Rent Roll
  • Anchor Tenant Provides Stable Income Floor Through November 2028
  • Value-Add Industrial Opportunity
  • Near-Term Lease Control with Immediate Repositioning Opportunity
  • High-Demand Small-Bay Industrial Product

Executive Summary

Matthew Luchs, Andrew Sinasohn, and Jacob De La Hoya of Zacuto Group, as exclusive advisors, present for sale 15001 S Figueroa Street, Gardena, CA, a ±111,266 square foot multi tenant industrial flex asset situated on ±148,975 square feet (±3.42 acres) of LAMR1-zoned land in the South Bay / Harbor Gateway North submarket. The property is currently 68.1% occupied (69,826 SF) across 14 of 25 units, with 33,786 SF (31.87%) vacant across 11 units. The vacancy is functional, divisible, and immediately leasable, with unit sizes ranging from ±1,000 SF to 13,090 SF, allowing for broad tenant demand and flexible lease-up execution. In-place rents range from approximately $1.00–$1.67/SF, compared to market levels near $1.50/SF, creating a clear path to increased revenue through both lease-up and mark-to-market rent growth without requiring significant capital improvements. A total of 28,223 SF (26.62% of the building) rolls in 2026, giving a new owner near-term control over a meaningful portion of the asset. This allows for rent resets, tenant mix improvement, and potential unit consolidation to accommodate larger users. A 40,000 SF tenant (Ball Family Farms) occupies 39.5% of the property through November 2028, providing consistent base income during the lease-up and repositioning phase. The remaining tenancy is diversified across small-bay users, limiting reliance on any single tenant outside of the anchor. The property is configured as a functional small bay industrial project with twelve (eleven dock-high and one ground) loading bays, three-phase power (240V / 420V / 3-phase), secured gated access, and 38 surface parking spaces. The layout supports logistics, storage, light manufacturing, contractor, and service-oriented industrial users, the most active tenant segment in the South Bay. The site is located at the intersection of S Figueroa Street and W Compton Boulevard, with immediate access to the I-110 Freeway, one of the primary freight corridors connecting the Ports of Los Angeles and Long Beach to the greater Los Angeles basin. The property is approximately 14 miles from the Ports and 8 miles from LAX, positioning it within a core infill, port-adjacent industrial market with sustained tenant demand and limited new supply.

Property Facts

Price $34,106,526 CAD
Price Per SF $306.53 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 3.42 AC
Rentable Building Area 111,266 SF
No. Stories 1
Year Built/Renovated 1954/1964
Parking Ratio 0.34/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Zoning MR1 - Restricted Industrial CM Uses, Limited Commercial and Manufacturing, Clinics, Media Products, Limited Machine Shops, Animal Hospitals and Kennels

Amenities

  • Bus Line
  • Commuter Rail
  • Conferencing Facility
  • Fenced Lot
  • Signage
  • Reception
  • Storage Space
  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Water - City
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • -
  • -

We are a Family owned, Family oriented organization that has grown from a single store to many stores throughout five states conveniently located in the same neighborhoods and smaller communities our customers and our associates call home! Our company has a strong work ethic, dedicated associates and a passion for exceeding our customers expectations. We start by being in stock, everyday, with new merchandise arriving several times a week. Our fixtures are always filled with large quantities and a fantastic selection of affordable family clothing and home items. Were committed to keeping our prices the lowest anywhere. With our Management Team and you, as part of our Friendly Store Team, we strive to keep our stores clean, full, and simple to shop, guaranteeing a pleasant shopping experience for the customer each time they visit. We want to be our customers First Place to Shop First Place to Save!

  • Retailer
  • -
  • -
  • -
  • -

Their philosophy is “First place to shop! First place to save!” They are committed to providing quality merchandise while keeping their prices the lowest anywhere. The Fallas brand offers value every day to savvy customers looking for brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and household items. Their goal is to find the best possible deals and pass on the savings to their customers every day.

  • Fallas Discount Stores
  • -
  • -
  • $15.07 CAD
  • Triple Net
  • Jan 2026
  • Retailer
  • -
  • -
  • -
  • -

Their philosophy is “First place to shop! First place to save!” They are committed to providing quality merchandise while keeping their prices the lowest anywhere. The Fallas brand offers value every day to savvy customers looking for brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and household items. Their goal is to find the best possible deals and pass on the savings to their customers every day.

  • Gridworks
  • Wholesaler
  • -
  • -
  • -
  • -
  • Transportation and Warehousing
  • -
  • -
  • -
  • -

To serve customers efficiently, multinational and domestic firms provide tailored logistics and transportation solutions to ensure coordinated goods movement from origin to end user through each supply chain network segment. Provides a quick and safe freight service for the best overall customer satisfaction. Has the proven experience of manpower and skillful customer service, resulting in low cost shipping. Owns and operates its own 53' commercial containers, which reduces the cost for the customer and to experience a proper shipping service.

  • National Stores Inc
  • Retailer
  • -
  • -
  • -
  • -

National Stores Inc. is a family-owned, family-oriented company that was established in 1962 and grew from a single store in downtown Los Angeles to more than 300 convenient locations in 22 states including Puerto Rico. National Stores Inc. off-price stores include: Fallas Paredes, Fallas Discount Stores and Factory 2-U. Our stores offer a big selection of quality brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and home decor.

  • Ramona Boulevard LLC
  • Public Administration
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - - -
Retailer - - - -
Fallas Discount Stores - - $15.07 CAD Triple Net Jan 2026
Retailer - - - -
Gridworks Wholesaler - - - -
Transportation and Warehousing - - - -
National Stores Inc Retailer - - - -
Ramona Boulevard LLC Public Administration - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 47,000-110,000 SF
  • Industrial
  • Full Build-Out
  • Now

DETAILS SIZE 47,000-110,000 SF TERM 1-10 years RATE Call Broker STRATEGIC GARDENA LOCATION Immediate access to major freeways, optimizing regional distribution and reducing transit times HIGH-CAPACITY WAREHOUSE 70K SF with up to 30 ft storage height. High power (240V, 420V, 3 Phase) & full HVAC EFFICIENT LOADING INFRASTRUCTURE Multiple loading dock positions designed for fast turnaround and streamlined logistics LOCATION Gardena SECURE, 24/7 OPERATIONS Gated access with 24 hour entry, including Sundays AMPLE ON-SITE PARKING 38 spaces accommodating standard vehicles & box trucks, with overnight parking capability

Space Size Space Use Build-Out Available
1st Floor 47,000-110,000 SF Industrial Full Build-Out Now

1st Floor

Size
47,000-110,000 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 47,000-110,000 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

DETAILS SIZE 47,000-110,000 SF TERM 1-10 years RATE Call Broker STRATEGIC GARDENA LOCATION Immediate access to major freeways, optimizing regional distribution and reducing transit times HIGH-CAPACITY WAREHOUSE 70K SF with up to 30 ft storage height. High power (240V, 420V, 3 Phase) & full HVAC EFFICIENT LOADING INFRASTRUCTURE Multiple loading dock positions designed for fast turnaround and streamlined logistics LOCATION Gardena SECURE, 24/7 OPERATIONS Gated access with 24 hour entry, including Sundays AMPLE ON-SITE PARKING 38 spaces accommodating standard vehicles & box trucks, with overnight parking capability

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
6120-029-009
Land Assessment
$21,896,000 CAD
Improvements Assessment
$27,370,000 CAD
Total Assessment
$49,266,000 CAD
  • Listing ID: 40481809

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 15001 S Figueroa St, Gardena, CA 90248

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