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Freestanding Industrial Building

$13,000,000

2300 Garfield Avenue, Cty Of Cmmrce, CA 90040

Active
Last Updated: 06/05/2025

5.54

Cap Rate

720,000

NOI

Details:
Cap Rate:    5.54%
NOI:    $720,000
Building Size:    40,110 sqft
Lot Area:    72,571 sqft
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    1954
Price Per Sqft:    $325
Zoning:    M-2
Tenancy:    Single
Parking Spots:    47
Gross Leaseable Area:    40,110
Restrooms:    4
CeilingHeight:    16
Highlights:
  • Rare mid-sized freestanding building with secured lot in City of Commerce
  • Prime Location in LA's Industrial Hub
  • Excellent access to the 710, 5, 10, & 605 freeways
  • 6 High-Dock Loading Doors & 4 Railway Access Doors
  • 47 Parking Spaces with 2 EV Charging Outlets
  • High Power Capacity: 800 Amp / 480 Volt / 3-Phase System
  • 3 Private Offices | 2 Showrooms | 35,426 SF of Warehouse Space
Description:

2300 Garfield Avenue offers a rare opportunity to acquire a freestanding ±40,110 SF industrial building, situated on a 72,571 SF parcel, in the highly sought-after City of Commerce. The offering is well-suited for investors seeking to capitalize on strong rental rates from well-established tenants or owner/users looking to occupy and operate their business.
The building features 4,598 SF of office/showroom improvements, including three private offices, four restrooms, two showrooms, and approximately 35,426 SF of warehouse space. The building offers a flexible configuration with clear heights ranging from 16 to 18 feet, an estimated 800 amps of 3-phase power, and is equipped with 6 dock high loading doors, 4 railway access doors, and security camera system. The site also provides 47 striped parking stalls (1.17/1,000 SF), including two 240-amp EV charging stations, on a fully fenced lot.
The property benefits from immediate access to major transportation arteries, including the I-710, I-5, I-10, and SR-60 freeways with easy access to DTLA, the Ports of Los Angeles and Long Beach, and key distribution hubs – ideal for a wide range of industrial users including logistics, warehousing, and light manufacturing.

Map:
Documents:
Title
2300_Garfield_Ave_-_Offering_Memorandum_-_SWH1.pdf
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Location
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