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.
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.
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.
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.
