1136-1150 S Vail Ave - Warehouse FOR SALE


Montebello, CA 90640
$22,768,805 USD
310-363-4906
1136-1150 S Vail Ave, Montebello, CA for Sale
$22,768,805 USD
Warehouse - FOR SALE
1/36
null | 5.75% Cap Rate

1136-1150 S Vail Ave
Montebello, CA 90640


HIGHLIGHTS

  • Features new cold storage improvements, in a market defined by older, functionally obsolete inventory
  • 100% leased to 4 quality tenants with staggered expirations between 2027-2030
  • Diverse Tenant Base Leased to: Funtree, Inc.; AGA Produce Company, Inc.; Troy Sheet Metal Works; Snugz/USA LLC.
  • The asset has undergone substantial improvements which new ownership, through a cost segregation study, could accelerate the depreciation
  • Such a study would allow ownership to increase depreciation deductions in the early years of the investment period, improving yield, cash flow etc.
  • Irreplaceable asset in the most desirable West Coast market, ???????available at a below replacement value basis

OVERVIEW

CBRE, Inc., as exclusive broker, is pleased to offer for sale the 1136-1150 Vail Avenue in Montebello, CA (the “Property”), an institutional quality industrial building totaling 50,124 square feet in the Commerce/Vernon submarket. The regional distribution building features 15,234 SF of modernized cooler/freezer space across 2 units which was built in 2016 and renovated in 2024. Montebello is part of the greater Commerce/Vernon industrial market and has a low 4.4% vacancy rate as of Q1 2025. In addition, this location offers excellent access to both the I-5 and I-710 freeways. The property is being marketing with an asking price of $22,768,805 or a 5.75% Year 1 Cap Rate.

FOR SALE DETAILS

PRICE

$22,768,805 USD

PRICE/SF

$454 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

92

LAND DETAILS

LAND ACRES

2.33

LAND SF

101,495

ZONING

M-1

APN/PARCEL ID

6353-016-017

ASK ABOUT THIS PROPERTY

310-363-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

310-363-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.