1400-1430 Arrow Hwy Irwindale Portfolio 3 Industrial Properties Offered at $11,003,000 in Irwindale, CA



INVESTMENT HIGHLIGHTS
- Features 555 linear feet of frontage on Arrow Highway, a major thoroughfare with a daily traffic count of 19,498 cars per day
- Property Benefits from Excellent street signage and identity
EXECUTIVE SUMMARY
Voit Real Estate Services has been retained as the exclusive advisor to offer for sale 1400-1430 Arrow Highway in Irwindale, California. A 51,355 Sq. Ft. multi-tenant business park which consists of three (3) freestanding buildings. Divisible into units ranging from 2,710 Sq. Ft. to 4,275 Sq. Ft. The project features major street frontage, grade level loading and 14' of warehouse clearance. The project also features multiple entrances from Arrow Highway, excellent vehicle circulation and abundant on-site parking.
The project is centrally located in the city of Irwindale within the San Gabriel Valley submarket, one of the most desirable business locations in the United States in terms of population growth, job creation, affordability and logistics advantages. These factors continue to drive industrial demand in the submarket and in spite of the recent slow down in leasing activity, vacancy rates on industrial buildings of 10,000 sq. ft. and smaller remain low in the San Gabriel Valley submarket at 2.86%
Located immediately east of the San Gabriel (605) Freeway, the property features 555 linear feet of frontage on Arrow Highway and offers immediate access to the San Gabriel (605), Pasadena (210), Santa Monica (I 10), and Pomona (SR 60) Freeways, as well as convenient access to the Ontario Airport (27 miles), John Wayne Airport (44 miles), Los Angeles International Airport (37 miles) and the Ports of Los Angeles and Long Beach (27 miles). Given its premier San Gabriel Valley location, it offers the investor opportunity to enhance value through an aggressive leasing program and rapid rental growth as the project is stabilized.
The project is centrally located in the city of Irwindale within the San Gabriel Valley submarket, one of the most desirable business locations in the United States in terms of population growth, job creation, affordability and logistics advantages. These factors continue to drive industrial demand in the submarket and in spite of the recent slow down in leasing activity, vacancy rates on industrial buildings of 10,000 sq. ft. and smaller remain low in the San Gabriel Valley submarket at 2.86%
Located immediately east of the San Gabriel (605) Freeway, the property features 555 linear feet of frontage on Arrow Highway and offers immediate access to the San Gabriel (605), Pasadena (210), Santa Monica (I 10), and Pomona (SR 60) Freeways, as well as convenient access to the Ontario Airport (27 miles), John Wayne Airport (44 miles), Los Angeles International Airport (37 miles) and the Ports of Los Angeles and Long Beach (27 miles). Given its premier San Gabriel Valley location, it offers the investor opportunity to enhance value through an aggressive leasing program and rapid rental growth as the project is stabilized.
PROPERTY FACTS
Price | $11,003,000 |
Price / SF | $213.67 / SF |
Cap Rate | 5.66% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 51,495 SF |
Total Land Area | 7.65 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
1400-1410 Arrow Hwy, Irwindale, CA 91706 | Industrial | 20,920 SF | 1978 | - |
1412-1422 Arrow Hwy, Irwindale, CA 91706 | Industrial | 18,440 SF | 1978 | - |
1424-1430 Arrow Hwy, Irwindale, CA 91706 | Industrial | 12,135 SF | 1978 | - |
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