Triple Net NNN Leased Investment 5% Cap Rate

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This 7,500 square foot noodle manufacturing facility is located in DTLA. Sakura Noodle has occupied the concrete block building since it was built in 1980. They have a year left on their NNN lease where an investor could buy this at a 5.3% cap rate. Or a user could purchase it and ask the tenant to leave earlier.

This is a rare triple net leased investment warehouse in Downtown Los Angeles and is the only such investment in the larger industrial submarket.

The property has a fenced yard in the rear with ground level loading doors and 17′ high roof. Located in Downtown Los Angeles, the property zone is industrial, M2. There are floor drains and 400 amp power panel for food production of Japanese ramen and udon noodles.

Feel free to request detailed information.

The Decline of Film Production in Los Angeles

In the past 5 years Los Angeles investors and developers have pushed forward with both under-construction and planned developments of film studios and sound stages. It made some sense given the lack of vacancy in the booming streaming years. But since the SAG-AFTRA strike all bets are off for demand for film production. See above chart showing declining demand for film production of features and TV.

We could see some of the planned projects get shelved by cautious investors, or if they do build and demand doesn’t bounce back they could get burned. Only time will tell. And even if demand rebounds that doesn’t mean it will stay in LA as inter-state competition is hot along with Canada and other countries per the Hollywood Reporter article.

IOS – Industrial Outdoor Storage

9.4 Acres Industrial Outdoor Storage (IOS) property with a CUP for truck trailer sales, leasing, and repairs. Located in the City of Fontana in the Inland Empire, Southern California.

The industrial outdoor storage (IOS) sector has become one of the most sought-after niches within industrial real estate in the past five years, with increasingly more institutional investors allocating funds to invest in the niche.

IOS properties are industrial properties that often have a large outdoor component, which are used for storage, heavy industrial uses, or truck and vehicle parking. Some facilities have little or no building improvements, while others have equipment service or warehousing facilities, and a small business or administrative office component.

Typical IOS users range from logistics companies like XPO, FedEx, UPS, and Amazon, to local landscaping and building supply companies, as well as utility and school bus companies.

Contact us with any questions or possible interest in buying the above pictured site which may come up for sale in the future.

Refrigerated Food Building Listings – For Lease / Sale – Los Angeles Area

Southern California has a large inventory of refrigerated industrial buildings. Cold storage operators have high cube freezer and cooler spaces while food processing companies need buildings with not only freezers and coolers but also with food production rooms that have sloped floors and floor drains for wash downs of meat, seafood, poultry, meals, or produce. These food facilities generally require a large grease trap known as a clarifier or waste interceptor.

See below available listings of food buildings for sale or sale the Los Angeles area of Southern California. The cities of LA, Vernon, Commerce, and Industry have many industrial food facilities.

In Los Angeles Commercial Real Estate