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1937-2035 E Vernon Ave 130,000 SF 28% Leased Industrial Building Vernon, CA 90058 $62,400,000 ($480/SF) 5% Cap Rate
Investment Highlights
- Cold Storage & Distribution Facility – ±130,000 SF facility with ambient, refrigerated, and freezer space.
- Strategic Vernon Location – immediate access to I-710, I-5, and I-10 freeways; close to Ports of Los Angeles & Long Beach.
- Strong Market Fundamentals – rare availability in a submarket with near-zero cold storage vacancy.
- Recently Upgraded – new insulation, cooler systems, and condensers for modern efficiency and reliability.
- Flexible Occupancy – can be delivered vacant for owner-user or retained as multi-tenant investment.
- Investment Upside – stabilized rent potential, modern infrastructure, and growing cold-chain demand across Southern California.
Executive Summary
Bee Cool Depot presents a rare opportunity to acquire a fully built-out ±130,000 SF cold storage and distribution facility in the heart of Vernon, California. The property offers a flexible mix of ambient, refrigerated, and freezer space, recently upgraded with new insulation, cooler systems, and condensers. The facility can be delivered vacant at close for an owner-user or retained as a multi-tenant investment, supported by strong regional demand for cold storage space. Strategically located near Downtown Los Angeles with direct access to major freeways and ports, the asset offers exceptional logistics connectivity. With limited comparable inventory in the market and record-low vacancy rates for food-grade facilities, Bee Cool Depot represents a compelling acquisition opportunity with immediate operational capability and long-term upside.
Property Facts
| Price | $62,400,000 | Rentable Building Area | 130,000 SF |
| Price Per SF | $480 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1929/2025 |
| Cap Rate | 5% | Parking Ratio | 0.54/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Refrigeration/Cold Storage | No. Dock-High Doors/Loading | 17 |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 3.66 AC | ||
| Zoning | LAM1 - Light Industrial | ||
| Price | $62,400,000 |
| Price Per SF | $480 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5% |
| Property Type | Industrial |
| Property Subtype | Refrigeration/Cold Storage |
| Building Class | B |
| Lot Size | 3.66 AC |
| Rentable Building Area | 130,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1929/2025 |
| Parking Ratio | 0.54/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 17 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | LAM1 - Light Industrial |
Amenities
- Cooler
- Fenced Lot
- Floor Drains
- Mezzanine
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 1937 & 2003
- 45,467 SF
- Industrial
- -
- Now
- 1st Fl - 1945-1951-2033
- 48,158 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1937 & 2003 | 45,467 SF | Industrial | - | Now |
| 1st Fl - 1945-1951-2033 | 48,158 SF | Industrial | - | Now |
1st Fl - 1937 & 2003
| Size |
| 45,467 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 1945-1951-2033
| Size |
| 48,158 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
Property Taxes
| Parcel Number | 6302-017-043 | Improvements Assessment | $2,937,800 |
| Land Assessment | $9,563,225 | Total Assessment | $12,501,025 |
Property Taxes
Parcel Number
6302-017-043
Land Assessment
$9,563,225
Improvements Assessment
$2,937,800
Total Assessment
$12,501,025
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1937-2035 E Vernon Ave
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