10925 Vulcan St 6,478 SF Industrial Building South Gate, CA 90280 $1,704,328 ($263.09/SF) 5.80% Cap Rate

An exceptional opportunity to acquire a fully leased, newly renovated industrial asset in South Gate, California. Featuring turnkey improvements, functional warehouse infrastructure, and a rare low coverage ratio providing expansive secure yard space, this ±6,478 SF property is 100% occupied by an AA+ investment-grade municipal tenant.
Secure Municipal Income: The property is 100% occupied by the County of Los Angeles Department of Agricultural Weights & Measures on a 5-year modified gross lease. Operating with an annual general fund budget exceeding $40 billion, this highly creditworthy government tenant provides near-certain income that substantially mitigates credit risk for the investor.
Turnkey Interior Improvements: Refurbished in 2025, the facility is move-in ready with zero immediate capital expenditure needed. Brand-new improvements across the site include updated paint, lighting, electrical systems, and a newly updated small office area with restrooms.
Versatile Power Capacity: Zoned M2 (Heavy Industrial), the metal building is equipped to support a wide range of industrial uses with 14-foot clear heights and four oversized (14' x 14') grade-level doors. Situated on a 15,003 SF (0.34 acres) lot, the property boasts a premium oversized secure paved yard—a feature with increasingly constrained supply in the region.
Strong Financial Fundamentals: The asset generates a stable $98,851 in Net Operating Income (NOI) in Year 1, with the tenant responsible for utility expenses. Furthermore, the property’s value is supported by demonstrated comparable sales within the immediate portfolio, with a neighboring building recently trading at $260/SF.