Contact Property

Commerce Distribution Center - 5505 East Olympic Blvd

Off-Market

5505 East Olympic Blvd, Commerce, CA 90022

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 199,809 SF
  • Lot Size 8.7 Acre
  • Parking Spaces Avail. 91
  • Parking Ratio 0.46/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1957

Location

  • City Commerce, CA
  • Neighborhood Commerce
  • Zip Code 90022
  • Market Los Angeles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 31 Aug, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Commerce

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Commerce Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $29.03
  • 2020 Office Vacancy Rate 11.42%
  • 2020 Office Completions (SF)
View more Commerce market trends

Tax

  • Property Tax in 2021-2022 $211,212
  • Market Value* $18,566,433
  • Assessed Value $18,566,433

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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.

When was Commerce Distribution Center - 5505 East Olympic Blvd last sold?

Commerce Distribution Center - 5505 East Olympic Blvd was last sold on 31 Aug, 2021.

What is the property tax for Commerce Distribution Center - 5505 East Olympic Blvd?

The property tax for Commerce Distribution Center - 5505 East Olympic Blvd in 2021-2022 was $211,212.

What is the market value for Commerce Distribution Center - 5505 East Olympic Blvd?

The market value* for Commerce Distribution Center - 5505 East Olympic Blvd in 2021-2022 was $18,566,433.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

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