Commerce Distribution Center - 5505 East Olympic Blvd

Off Market

5505 East Olympic Blvd, Commerce, CA 90022

  • Industrial
  • Warehouse/Distribution
  • 199,809 Sqft

Commerce Distribution Center - 5505 East Olympic Blvd, Commerce, CA 90022 - Industrial Space

Commerce Distribution Center - 5505 East Olympic Blvd is located at 5505 East Olympic Blvd in the Commerce neighborhood, CA, Commerce, 90022. The Class B Industrial building was completed in 1957 and features a total of 199,809 Sqft.

There are 31 industrial spaces for lease in the Commerce neighborhood, totaling 1,128,780 Sqft of available industrial space. The industrial space availability for the 90022 zip code is 171,726 Sqft, in 1 industrial space. The average asking industrial rent per sq. ft. in Commerce is $12.01/sqft/year. For Class B industrial buildings the average industrial rate is $12.13/sqft/year, for Class C industrial buildings the average industrial rate is $9.48/sqft/year.

In Commerce, there are 289 class B industrial buildings. In Commerce, there are a total of 1 LEED certified industrial buildings. In 1957, the same year Commerce Distribution Center - 5505 East Olympic Blvd was built, 4 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Commerce, featuring 1,803,202 square feet of commercial space. At zip code level, there are 27 commercial properties, of which 20 are industrial buildings over 50,000 square feet.

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Details

  • City Commerce
  • Neighborhood Commerce
  • Zip Code 90022
  • Market Los Angeles
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 199,809 Sqft
  • Lot Size 7.57 Acre
  • Parking Spaces Avail. 91
  • Parking Ratio 0.46/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1957
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Commerce Distribution Center - 5505 East Olympic Blvd?

Commerce Distribution Center - 5505 East Olympic Blvd totals 199,809 square feet.

When was this property built?

Commerce Distribution Center - 5505 East Olympic Blvd was built in 1957.

Commerce Demographics

The average household income in zip code 90022 is $59,340, from a total of 17,603 households. In terms of employment, there are 63.21 % white-collar and 36.79 % blue-collar jobs in zip code 90022.

Population

  • Total Population12,830
  • Male Population(48.7 %) 6,251
  • Female Population(51.3 %) 6,579
  • Median Age35.50

Income/Financial

  • Average Household Income$64,800
  • Median Household Income$47,518
  • Median Income Under 25$40,900
  • Median Income 25-44$46,987
  • Median Income 45-64$61,429
  • Median Income Over 65$34,750