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Investment Highlights
- Rare opportunity to acquire a ±13,149 SF single-tenant industrial/flex building in a well-established Southern California commercial corridor
- Versatile layout well suited for life sciences, laboratory, light manufacturing, distribution, or specialized flex industrial use
- Anchored by a globally recognized healthcare tenant, supported by functional real estate fundamentals
- Currently leased to Grifols, a leading global biopharmaceutical and healthcare company operating in over 110 countries
- Manageable site-to-building ratio with room for parking, staging, and operational flexibility
- Positioned within one of Southern California's most resilient industrial and life sciences submarkets
Executive Summary
995 Park Center Drive presents a rare opportunity to acquire a fully leased ±13,149 SF industrial/flex property located in one of Southern California’s most active industrial submarkets. The building sits on a 1.1-acre parcel and offers a highly functional site-to-building ratio, flexible operational layout, and on-site parking. Currently occupied by Grifols, a global biopharmaceutical and healthcare leader operating in more than 110 countries, the asset provides investors with a stable income stream and a creditworthy tenancy for long-term security.
Built to accommodate multi-purpose flexibility, the property’s configuration supports laboratory, life science operations, light manufacturing, and specialized distribution. With one grade-level loading door and efficient infrastructure, it caters to occupiers requiring scalability and adaptability. Strategic positioning within Vista’s industrial cluster ensures near-immediate access to State Route 78, with seamless connectivity to Interstate 5 and Interstate 15, enabling efficient regional and cross-border distribution.
Tenancy by Grifols enhances the property’s investment profile as the company continues robust global operations and institutional expansion in the biotech sector. This offering represents a compelling long-term play in a highly supply-constrained market that consistently demonstrates strong industrial demand and rental growth.
David Harrington
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Built to accommodate multi-purpose flexibility, the property’s configuration supports laboratory, life science operations, light manufacturing, and specialized distribution. With one grade-level loading door and efficient infrastructure, it caters to occupiers requiring scalability and adaptability. Strategic positioning within Vista’s industrial cluster ensures near-immediate access to State Route 78, with seamless connectivity to Interstate 5 and Interstate 15, enabling efficient regional and cross-border distribution.
Tenancy by Grifols enhances the property’s investment profile as the company continues robust global operations and institutional expansion in the biotech sector. This offering represents a compelling long-term play in a highly supply-constrained market that consistently demonstrates strong industrial demand and rental growth.
David Harrington
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
| Price | $4,602,150 | Lot Size | 1.10 AC |
| Price Per SF | $350 | Rentable Building Area | 13,149 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.35% | Year Built | 1990 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Flex Research & Development | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B | ||
| Zoning | SPI/ LI | ||
| Price | $4,602,150 |
| Price Per SF | $350 |
| Sale Type | Investment |
| Cap Rate | 5.35% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.10 AC |
| Rentable Building Area | 13,149 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | SPI/ LI |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 219-011-50 | Improvements Assessment | $634,181 |
| Land Assessment | $615,709 | Total Assessment | $1,249,890 |
Property Taxes
Parcel Number
219-011-50
Land Assessment
$615,709
Improvements Assessment
$634,181
Total Assessment
$1,249,890
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