2 Food Processing Facilities for sale in Southern California

There are 2 new listings of USDA industrial meat processing properties for sale in Southern California. Both are currently in operation.

The first is located in the City of Vernon, Los Angeles County, and is 10,000 square feet in size with a fenced yard and dock high loading.

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The second building is located in the Inland Empire (San Bernardino County) and is 50,000 SF in size with fenced parking and dock high loading. The building has ovens for cooking and floor drains and wash rooms. The refrigerated warehouse has 30 foot high ceilings.

Both buildings have freezers, coolers, refrigerated cold storage, production rooms with floor drains and clarifiers for water treatment. This is a preliminary notice of these food facilities that may be available in the near future and might interest a buyer who deals in foods such as meats, poultry, beef, pet food, seafood, fish, Chinese or Latino foods, dairy, desserts, produce, fruits, vegetables, or meatless products for vegetarians or vegans, or prepared meals or frozen food manufacturing.

Principals may contact me with any interest.

Fire Sprinkler System Testing in Warehouses

Fire sprinkler head on pipe

Fire sprinkler systems are highly effective fire protection measures that use water and pressure. Modern industrial manufacturing and warehouse buildings have these systems but many older buildings do not. The cost of fire insurance is often higher for buildings without sprinklers.

Under National Fire Protection Association NFPA 25, Chapter 5, as amended by Title 19 of the California Code of Regulations, Section 904.1, fire sprinkler systems in all types of buildings are required to have regular inspections by a licensed fire protection company.

The 5 year system test and certification is typically paid for by the landlord but some industrial leases allow the landlord to pass this cost onto the tenant. Below are some of the key components that are tested:

  • Checking fire sprinkler heads (orientation, condition, and ability to transmit liquid).
  • Performing a forward flow test for backflow preventer.
  • Inspecting sprinkler control valves.
  • Inspecting sprinkler system alarm components.
  • Inspecting and testing low-pressure alarms.
  • Visibly inspecting pipes, gauges, hangers, drain valves, and all other relevant components.
Example 5 year certification sticker on fire sprinkler riser.

100,000+ Square Foot Warehouses for Lease or Sale, Central Los Angeles

As the Vacancy Rate has climbed in recent years, more and more industrial warehouses are available and competing for buyers and tenants in the Central Los Angeles and Southern California market. Feel free to browse the below list of available warehouses that are greater than 100,000 square feet.

Triple Net NNN Leased Investment 5% Cap Rate – For Sale

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This 7,500 square foot noodle manufacturing facility is located in DTLA and is a leased investment listing for sale. 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.