Remarks

MAJOR $599,000 PRICE REDUCTION - Only $286 PSF - MOTIVATED SELLER. This 25,000 SF Owner/User Industrial Building located in the highly desirable City of Gardena Industrial market is being made available for the 1st time in over 35 years. The building will deliver the building vacant at the close of escrow enabling immediate occupancy for a user or direct lease up at fair market value rent with a value-add operator. This is a rare opportunity to acquire a well-located industrial asset in Gardena, CA where supply is extremely scarce supported by very low vacancy rates.
This 25,000 Light Manufacturing Building is situated on 1.02 acres of land In the City of Gardena. With 25,000 SF of the building floor space improvements, a bonus of approximately 12,031 SF of the Mezzanine area. A 25 FT ceiling height and a 19 FT drive-in roll-up door are located at the rear of the building. There are several reinforced concrete machine floor pads throughout. There is a partitioned office with windows located in the front portion of the building. There is an employee break room with a kitchen and plenty of seating area, and a reception area enabling a fully self-sufficient operation for a single user. The current electrical is 120-208, 2,500 amps, 3 Phase, 4 Wire. The building can also be demised with the opportunity for a user to offset operating costs. There is New Interior LED Lighting, New Interior Insulation, and a new 2016 Roll-On reflective roof. The building is well-air-conditioned and maintained. There are 28 secured and fenced parking spaces.

Gardena is Los Angeles’ industrial hub surrounding the 110 Freeway (over 280,000 VPD) located 12 miles south of Downtown Los Angeles. This Premiere infill Los Angeles industrial market is located within reach of logistics destinations: 12 miles south of downtown Los Angeles, 15 miles from the Port of Long Beach, and 10 miles from LAX.

Details

MLS#: SR24059317
Price: $7,400,000

Sq Ft: 25850.00
Year Built: 1971

County: Los Angeles