11010 - 11020 Santa Fe Avenue

The city of Lynwood is located in Los Angeles’ Downey/Paramount market. Easily accessible via the 105 and 710 Freeways, it is located on an important industrial corridor connecting downtown Los Angeles to the Port of Long Beach. With industrial vacancy consistently at or below 2%, the submarket benefits from a lack of inventory, like most other parts of the greater Los Angeles area. Current effective rents in the area have reached $1.40/SF, which is a 5.6% increase year over year. In the past three years, rents have increased a cumulative 33.6%. This is due in part to the fact that the Downey/Paramount area is considered relatively affordable compared to Los Angeles as a whole, where average rents effective are $1.60/SF. Current sales in the area average $290/SF, with most industrial transactions taking place in the logistics space, as is in keeping with the overall mix in the area. The current market cap rate is 4.7%. Los Angeles is at the center of Southern California’s 2 billion square foot industrial market, and is a key industrial hub in the US. The twin ports of Los Angeles and Long Beach handle nearly a third of all imports to the United States. Challenges in developing new industrial buildings in Los Angeles keeps supply growth tame and helps make existing inventory more desirable.The Offering consists of two contiguous industrial properties on separate parcels. The two properties are available for sale or lease individually or as a portfolio.The Offering consists of two contiguous industrial properties on separate parcels. The two properties are available for sale or lease individually or as a portfolio.