14000 Halldale Ave
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14000 Halldale Ave
2,400 SF Industrial Building Gardena, CA 90249 $6,900,000 ($2,875/SF) 6.35% Cap Rate
Investment Highlights
- Long Term, Stable Leased Investment
- Multi-Location Tenant
- Potential Residential Redevelopment
- Desirable Southern California Location
Executive Summary
6.04% In-Place Cap-Rate!! Long-Term tenant with multiple locations, and high-dollar capital expenditures in the facility. Exceptionally clean facility in the heart of Southern California. Land piece can be bought as a "set it and forget it" investment piece. Future redevelopment may be possible if Tenant doesn't renew the lease, as the City of Gardena encourages redevelopment of land into Residential developments. More information on the tenant can be found at www.lab-five.com.
Property Facts
| Price | $6,900,000 | Lot Size | 1.49 AC |
| Price Per SF | $2,875 | Rentable Building Area | 2,400 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.35% | Year Built | 1934 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B |
| Price | $6,900,000 |
| Price Per SF | $2,875 |
| Sale Type | Investment NNN |
| Cap Rate | 6.35% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 1.49 AC |
| Rentable Building Area | 2,400 SF |
| No. Stories | 1 |
| Year Built | 1934 |
| Tenancy | Single |
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Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 6102-020-021 | Improvements Assessment | $583,664 |
| Land Assessment | $5,306,040 | Total Assessment | $5,889,704 |
PROPERTY TAXES
Parcel Number
6102-020-021
Land Assessment
$5,306,040
Improvements Assessment
$583,664
Total Assessment
$5,889,704
zoning
| Zoning Code | GAM1* |
| GAM1* |
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14000 Halldale Ave
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