11121 Dale St
Stanton, CA 90680
23,375 SF on 2.59 Acres; Sale or Lease · Property For Lease

Rare 2.59-Acre Storage Yard with two industrial buildings. The lease rate is $69,000 modified gross per month, which is $0.61 MG PSF/mo on the land. The sale price was reduced to $14,800,000. At the asking sale price the property is valued at $340 PSF for the two buildings (2:1 parked) and $112 PSF for the 61,000 SF of excess land. There is no association so the lessee will be responsible for directly paying for service contracts and expenses to maintain the building. The owner will refurbish all offices on a lease. Seller will carry financing. Entire site is securely fenced and paved. Heavy Industrial Land with Improvements. Owner/User or Industrial/Commercial/Residential Development Opportunity. Also zoned for commercial and residential. Excellent "last mile" distribution site. Two freestanding industrial buildings (23,375 SF total) on 2.59 acres. Two bonus metal storage buildings totaling 6,627 SF. Up to 15 dock-hi loading spots. Possible 10:1+ parking ratio. Warehouse portion is free span. Zoning is Industrial General (IG) with a General Mixed-Use Overlay (GLMX) which allows almost all industrial uses including outdoor storage, most office/retail/service uses, and single-family & multifamily development (25 to 45 dwelling units per acre, up to 3 stories). Industrial development standards allow a maximum FAR of 1.0, a coverage ratio of 75%, and a maximum building height of 32’.