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Multi-tenant Industrial Property for Sale 333 W Alondra Blvd 54,000 SF 100% Leased Industrial Building Gardena, CA 90248 $20,680,296 CAD ($382.97 CAD/SF) 5.77% Cap Rate
INVESTMENT HIGHLIGHTS
- High ceilings, multiple dock-high and ground level roll-up bay doors
- Three long-term tenants, all on a net basis, allowing a buyer to pass through operating expenses
- Abundant gated parking
EXECUTIVE SUMMARY
333 West Alondra Boulevard, is a fully occupied industrial property located in Gardena, in the highly sought after Southbay submarket of Los Angeles. the property boasts desirable features including high ceilings, multiple dock-high and ground level roll-up bay doors, and abundant gated parking, ensuring it remains an attractive option for a variety of businesses.
The property contains three long-term tenants, all on a net basis, allowing a buyer to pass through operating expenses. Versafab has operated on-site for approximately 40 years, Saati Americas Corporation over 16 years, and Quality Menswear for over 30 years. Saati and Quality Menswear have recently executed lease renewals, with Saati having 4 years remaining and Quality Menswear having 1 year remaining. Versafab is currently month to month. 333 Alondra presents an opportunity for an investor to enjoy both stable immediate cash flow and short-term upside through renegotiation or reletting one or more units, or for an end user to occupy a considerable portion of the property, with income from the other units.
Please do not disturb tenants or discuss the sale with any staff or people at the property without prior authorization or listing agents present.
The property contains three long-term tenants, all on a net basis, allowing a buyer to pass through operating expenses. Versafab has operated on-site for approximately 40 years, Saati Americas Corporation over 16 years, and Quality Menswear for over 30 years. Saati and Quality Menswear have recently executed lease renewals, with Saati having 4 years remaining and Quality Menswear having 1 year remaining. Versafab is currently month to month. 333 Alondra presents an opportunity for an investor to enjoy both stable immediate cash flow and short-term upside through renegotiation or reletting one or more units, or for an end user to occupy a considerable portion of the property, with income from the other units.
Please do not disturb tenants or discuss the sale with any staff or people at the property without prior authorization or listing agents present.
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PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Signage
- Air Conditioning
UTILITIES
- Heating
PROPERTY TAXES
| Parcel Number | 6125-001-011 | Improvements Assessment | $2,254,922 CAD |
| Land Assessment | $1,093,504 CAD | Total Assessment | $3,348,426 CAD |
PROPERTY TAXES
Parcel Number
6125-001-011
Land Assessment
$1,093,504 CAD
Improvements Assessment
$2,254,922 CAD
Total Assessment
$3,348,426 CAD
CONTACTS
-
Caleb Morrison -
Greg Offsay -
Todd Nathanson -
Brandon Partieli -
Brian Wiener -
illi Commercial Real Estate
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Multi-tenant Industrial Property for Sale | 333 W Alondra Blvd
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