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245-261 E 157th St 70,546 SF 86% Leased Industrial Building Gardena, CA 90248 $18,271,414 ($259/SF)



INVESTMENT HIGHLIGHTS
- High-Demand South Bay Infill Industrial Submarket, Asset in Strategic Location in Gardena
- Strong Tenant Rentention and Cash Flow w/ Long-Term NNN Leases and Rental Escalations
- Ample Parking for Industrial Users and Fleet Vehicles, Favorable Ratio 2.3/1,000 SF
- Predictable In-Place Income, High-Occupancy Asset(8 of 9 units leased)
- Modern 2 Tilt-Up Concrete Buildings with 15 GL Roll-up Doors & rooftop HVAC units
- Diversified Rent Roll (See Attachment)
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $18,271,414 | Lot Size | 2.86 AC |
| Price Per SF | $259 | Rentable Building Area | 70,546 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1962 |
| Property Type | Industrial | Parking Ratio | 2.31/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 19’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 15 |
| Zoning | LCM1* - Light Manufacturing | ||
| Price | $18,271,414 |
| Price Per SF | $259 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.86 AC |
| Rentable Building Area | 70,546 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 2.31/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Drive In / Grade-Level Doors | 15 |
| Zoning | LCM1* - Light Manufacturing |
AMENITIES
- Fenced Lot
- Security System
- Signage
- Skylights
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Andy Carver Moses
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- -
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$9.99
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Lorem Ipsum
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Jan 0000
- Bogar Tech Designs
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$9.99
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Lorem Ipsum
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Jan 0000
- Honey Badger Fabrication Inc
- Manufacturing
- -
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$9.99
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Lorem Ipsum
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Jan 0000
- Hy Van Tran
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
- My News Delivery
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
- Pronto Installation
- Wholesaler
- -
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$9.99
- -
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Jan 0000
- Quality Pest
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
- Zuno
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Andy Carver Moses | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Bogar Tech Designs | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Honey Badger Fabrication Inc | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Hy Van Tran | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| My News Delivery | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Pronto Installation | Wholesaler | - | $9.99 | - | Jan 0000 | |
| Quality Pest | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Zuno | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Industrial/Flex large space approximately 10,000 SF of warehouse space including built-out offices with central heating and cooling, (2) ground-level doors for loading, heavy power (up to 1,200 amps), high-ceilings, ceiling foil insulation, (3) private restrooms, ample parking (+/- 10 parking spaces), and yard space in this clean, well-maintained business park in the city of Gardena. Located in M1 zoning/ opportunity zone. Triple net lease terms (Op. Ex. $0.28/SF).
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 249 | 10,000 SF | Industrial | Partial Build-Out | Now |
1st Fl - 249
| Size |
| 10,000 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - 249
| Size | 10,000 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
Industrial/Flex large space approximately 10,000 SF of warehouse space including built-out offices with central heating and cooling, (2) ground-level doors for loading, heavy power (up to 1,200 amps), high-ceilings, ceiling foil insulation, (3) private restrooms, ample parking (+/- 10 parking spaces), and yard space in this clean, well-maintained business park in the city of Gardena. Located in M1 zoning/ opportunity zone. Triple net lease terms (Op. Ex. $0.28/SF).
PROPERTY TAXES
| Parcel Number | 6129-019-038 | Improvements Assessment | $5,836,644 |
| Land Assessment | $9,020,268 | Total Assessment | $14,856,912 |
PROPERTY TAXES
Presented by
Golden Properties
245-261 E 157th St
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