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Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue

Off-Market

5849 South Eastern Avenue, Commerce, CA 90040

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 305,974 Sqft
  • Lot Size 16.32 Acre
  • Parking Spaces Avail. 205
  • Parking Ratio 0.67/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1961

Location

  • City Commerce, CA
  • Neighborhood Commerce
  • Zip Code 90040
  • Market Los Angeles

Contacts

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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
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Documents

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Sales

  • Purchase Date 21 Nov, 2001
  • 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 (Sqft)
View more Commerce market trends

Tax

  • Property Tax in 2021-2022 $275,591
  • Market Value $24,225,650
  • Assessed Value $24,225,650

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

Frequently Asked Questions

What is the total square footage of Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue?

Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue totals 305,974 square feet.

When was this property built?

Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue was built in 1961.

When was Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue last sold?

Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue was last sold on 21 Nov, 2001.

What is the property tax for Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue?

The property tax for Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue in 2021-2022 was $275,591.

What is the market value for Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue?

The market value for Prologis Commerce Business Park - 5849 & 5949 South Eastern Avenue in 2021-2022 was $24,225,650.

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