123 Compton Blvd, Gardena, CA 90248
3 Industrial Properties in Gardena, CA
- Property Type
-
Industrial
- Square Feet
- 106,382 SF
Listing Contacts
Mark Shaffer
Dylan Rutigliano
Gerard Poutier
Nick Williams
Bryan Johnson
- Property Info
Property Overview
RARE SOUTH BAY INDUSTRIAL PORTFOLIO - GARDENA, CA
* Rare opportunity to acquire three industrial buildings situated on a total of ~4.1 Acres of industrially zoned land in the heart of the South Bay Industrial Market, along the I-110 Corridor - Gardena P.O., CA (Unincorporated LA County).
* Underlying zoning supports outdoor truck/trailer storage through site plan review –
Not designated as a Green Zone parcel within 500 feet of a "sensitive use."
* 100% leased with short term leases. In-place income to offset carry while repositioning or redeveloping properties. In-place rents are approximately 50% below market.
ROBUST INDUSTRIAL MARKET FUNDAMENTALS
* The Gardena industrial submarket is part of the robust ~206M SF port served South Bay Industrial Market. Direct market vacancy for South Bay sits at an extremely low 1.1%, with Gardena at a negligible 0.2% vacancy above 10K SF.
* The South Bay Industrial Market is one of the most consistently strong industrial markets in the Nation. Direct vacancy has not risen above 2% since 2014.
* Extremely limited opportunities for Class A industrial product have resulted in strong historical rent growth, averaging ±15% each year over the past five years in Gardena.
STRATEGIC PORT-SERVED LOCATION
* Approximately 10 miles from the Ports of Los Angeles and Long Beach, the property is part of a larger infill market with one of the highest barriers to entry. With increasing global trade and corresponding port traffic, as well as greater emphasis on “last-mile” logistics, the property’s land has become increasingly rare and more valuable.
* These ports, together form the San Pedro Port Complex and would rank 9th in the world in TEU (Twenty-Foot Equivalent Units) volume.
* Strategic E-Commerce Location: In addition to the nearby ports, the property is well-served by a multimodal transportation network that includes the adjacent I-110 and nearby freeways (I-405, I-105, and SR-91), as well as LAX and Long Beach Airports.
* Rare opportunity to acquire three industrial buildings situated on a total of ~4.1 Acres of industrially zoned land in the heart of the South Bay Industrial Market, along the I-110 Corridor - Gardena P.O., CA (Unincorporated LA County).
* Underlying zoning supports outdoor truck/trailer storage through site plan review –
Not designated as a Green Zone parcel within 500 feet of a "sensitive use."
* 100% leased with short term leases. In-place income to offset carry while repositioning or redeveloping properties. In-place rents are approximately 50% below market.
ROBUST INDUSTRIAL MARKET FUNDAMENTALS
* The Gardena industrial submarket is part of the robust ~206M SF port served South Bay Industrial Market. Direct market vacancy for South Bay sits at an extremely low 1.1%, with Gardena at a negligible 0.2% vacancy above 10K SF.
* The South Bay Industrial Market is one of the most consistently strong industrial markets in the Nation. Direct vacancy has not risen above 2% since 2014.
* Extremely limited opportunities for Class A industrial product have resulted in strong historical rent growth, averaging ±15% each year over the past five years in Gardena.
STRATEGIC PORT-SERVED LOCATION
* Approximately 10 miles from the Ports of Los Angeles and Long Beach, the property is part of a larger infill market with one of the highest barriers to entry. With increasing global trade and corresponding port traffic, as well as greater emphasis on “last-mile” logistics, the property’s land has become increasingly rare and more valuable.
* These ports, together form the San Pedro Port Complex and would rank 9th in the world in TEU (Twenty-Foot Equivalent Units) volume.
* Strategic E-Commerce Location: In addition to the nearby ports, the property is well-served by a multimodal transportation network that includes the adjacent I-110 and nearby freeways (I-405, I-105, and SR-91), as well as LAX and Long Beach Airports.
Highlights
- RARE SOUTH BAY INDUSTRIAL PORTFOLIO - GARDENA, CA
All available spaces
- Space
- Size
- 22,930 SF
- Space Subtype
- Industrial
- Space
- Size
- 39,386 SF
- Space Subtype
- Industrial
- Space
- Size
- 44,066 SF
- Space Subtype
- Industrial
Nearby Properties
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