2301 S Wilmington Ave
Compton, CA 90220
2301 S. WILMINGTON AVE · Industrial Property For Sale

2301 South Wilmington Avenue, Compton, CA 90220 (the "Property") is a high quality, fully refurbished industrial owner/user opportunity located near the signalized corner of Wilmington and Victoria in Rancho Dominguez vicinity. The Property, which underwent a complete renovation in 2014, is a state-of-the-art industrial/manufacturing facility featuring approximately 5,127 square feet of 2-story remodeled office space, three (3) dock high positions, five (5) ground level loading doors, all new exterior lighting, and 2,000 amps of 3 phase 480 volt power (with separate transformer). The Property features new exterior paint, a new roof (installed in 2014), all new T-5 lighting in the warehouse, new 2" top coat, seal and stripe of the asphalt, new landscaping, new sprinkler system and valves (installed in 2016), and only one row of columns with the spacing of 56' wide by 48' deep. The building has had 1-year fire certification in January 2016, and 5-year certification in 2014. The Property has twenty (20) open surface parking spaces, which can be increased to forty-six (46) open surface parking spaces if needed. The Property's secured, gated yard is approximately 132' deep by 143' wide, with a convenient, dedicated access point along Wilmington Avenue. Located on the border of Compton and Carson near Rancho Dominguez at the intersection of South Wilmington Avenue and West Victoria Street, the Property is a logistical dream. Just 8-miles from the ports of Los Angeles and Long Beach, 15-miles from the 110, 710, 91, 405, 105, 5, 10, and 60 freeways, with easy access to Los Angeles International (LAX) and Long Beach Airports and conveniently located to the Burlington Northern Santa Fe and Union Pacific rails, the Property offers unrivaled connectivity for streamlined distribution throughout Southern California. The Property also benefits from its proximity to major economic spheres of influence. Most notably, perhaps, is the Dominguez Technology Center located across the street from the Property - a 20-building, 438-acre industrial and technology park situated within Foreign Trade Zone 202, offering more than 6 Million square feet of state-of-the-art import-export and administrative offices, corporate headquarters, warehouses, laboratories, research facilities, light manufacturing, and service center space to Fortune 500 companies, international conglomerates, and titans of industry such as General Mills, FedEx, Dermalogica, Herbalife, Samsung, and General Freight Solutions. With overall vacancy for the Carson/ Compton/Rancho Dominguez submarket hovering around 1.5% (the lowest in the nation) and average rental rate rates increasing to a historic high of $0.86 psf/mo (net), the Property is well-positioned to capitalize on the tremendous commercial potency of the South Bay industrial market. The Property is being offered to the market now at a reduced price of $6,995,000 or $178/SF and will be delivered vacant at close of escrow, offering the buyer an opportunity to either occupy the space, or convert it to a leased investment if desired.