Listing banner image
  • Asking Price
    $11,350,000Asking Price
  • Parking Ratio
    1.36/1,000 SFParking Ratio
  • Property Type
    IndustrialProperty Type
  • Square Feet
    38,152 SFSquare Feet
  • Occupancy
    70%Occupancy
  • Rents Below Market
    15%Rents Below Market

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in South Bay Trade Center, a 38,152-square-foot small bay industrial complex consisting of five freestanding buildings with direct access to the I-110, I-105, and I-405 in Carson, California. Located at 401-409 E Gardena Blvd in the globally desired South Bay submarket of Los Angeles, the Property is currently 70% leased, with in-place rents 15% below market, which presents an exceptional value-add opportunity for a new owner to acquire the asset at an attractive basis with significant upside.

Ideally situated...

Documents

Offering Summary

  • Asking Price
    $11,350,000
  • Price PSF
    $297
  • Property Type
    Industrial
  • Size
    38,152 SF
  • Occupancy
    70%

Sale Details

  • Walt
    1.03 Years
  • Rents Below Market
    15%

Documents

Property Address

401-409 E Gardena Blvd
Carson, CA 90248

Property Details

  • Property Type
    Industrial
  • Square Feet
    38,152 SF
  • Occupancy
    70%
  • Year Built
    1987
  • Parking Ratio
    1.36/1,000 SF
  • Acres
    1.88
  • Zoning
    Light Manufacturing (ML)
  • APN
    6125-013-054
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Industrial
  • Square Feet
    38,152 SF
  • Occupancy
    70%
  • Year Built
    1987
  • Parking Ratio
    1.36/1,000 SF
  • Acres
    1.88
  • Zoning
    Light Manufacturing (ML)
  • APN
    6125-013-054
  • Ownership Interest
    Fee Simple

Deal Team

Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. #02033871
Kenny Patricia profile image
Kenny Patricia
Vice President Vice President
CA RE Lic. ‍01999969
Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in South Bay Trade Center, a 38,152-square-foot small bay industrial complex consisting of five freestanding buildings with direct access to the I-110, I-105, and I-405 in Carson, California. Located at 401-409 E Gardena Blvd in the globally desired South Bay submarket of Los Angeles, the Property is currently 70% leased, with in-place rents 15% below market, which presents an exceptional value-add opportunity for a new owner to acquire the asset at an attractive basis with significant upside.

Ideally situated...

Documents

Offering Summary

  • Asking Price
    $11,350,000
  • Price PSF
    $297
  • Property Type
    Industrial
  • Size
    38,152 SF
  • Occupancy
    70%

Sale Details

  • Walt
    1.03 Years
  • Rents Below Market
    15%

Documents

Property Address

401-409 E Gardena Blvd
Carson, CA 90248

Property Details

  • Property Type
    Industrial
  • Square Feet
    38,152 SF
  • Occupancy
    70%
  • Year Built
    1987
  • Parking Ratio
    1.36/1,000 SF
  • Acres
    1.88
  • Zoning
    Light Manufacturing (ML)
  • APN
    6125-013-054
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Industrial
  • Square Feet
    38,152 SF
  • Occupancy
    70%
  • Year Built
    1987
  • Parking Ratio
    1.36/1,000 SF
  • Acres
    1.88
  • Zoning
    Light Manufacturing (ML)
  • APN
    6125-013-054
  • Ownership Interest
    Fee Simple

Deal Team

Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. #02033871
Kenny Patricia profile image
Kenny Patricia
Vice President Vice President
CA RE Lic. ‍01999969
Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481
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