BUILDING 2 LEASED
19,013 TOTAL SF STILL AVAILABLE
FOR LEASE > FLEX INDUSTRIAL on San Fernando
2316 N SAN FERNANDO ROAD LOS ANGELES, CA
GREG BARSAMIAN, SIOR | Senior Executive Vice President | Lic. 00873206 | +1 818 334 1901 | [email protected] MIKE CENTURIONI | First Vice President | Lic. 01429003 | +1 818 334 1886 | [email protected] ALEXA BARSAMIAN | Associate | Lic. 02047802 | +1 818 334 1891 | [email protected] COLLIERS INTERNATIONAL | 505 North Brand Boulevard Suite 1120 | Glendale, CA 91203 | +1 818 334 1900 | Lic No. 01908231 | www.colliers.com
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. FOR LEASE
2316 N SAN FERNANDO ROAD LOS ANGELES, CA 90065
BUILDING 1: Fully insulated metal building with dock loading and new offices and restrooms Rentable Area: 7,293 square feet Office Area: 10% SITE Rental Rate: $1.80 Gross PSF
BUILDING 2: LEASED Renovated single-story office building with lunch room and mix of open plan and private offices Rentable Area: 2,705 square feet LEASED
TRAFFIC COUNTS by CoStar BUILDING 3: Street Cross Street Year Volume Renovated single-story industrial building with ground level San Fernando Rd Eagle Rock BI 2018 19,616 loading and new offices and restrooms Building 3A: 4,165 sf with 10% Office $1.90 Gross PSF San Fernando Rd Cazador St 2018 33,211 Building 3B: 4,196 sf with 10% Office $1.90 Gross PSF Eagle Rock Bl W Ave 30 2018 18,371 DEMOGRAPHICS by CoStar & ESRI POPULATION 1 MILE 3 MILE 5 MILE STORAGE/WAREHOUSE SPACE 2024 Projection 27,747 327,549 1,047,994 Building 3C: 792 square feet $1.90 Gross PSF Building 401: 1,419 square feet $1.90 Gross PSF 2019 Estimate 27,229 320,662 1,008,268 Building 402: 1,149 square feet $1.90 Gross PSF Growth 2010 - 2020 1.74% 1.22% 5.79% HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE 2019 Avg HH Income $85,361 $83,863 $75,077 PARKING: 2019 Med HH Income $59,355 $57,920 $48,770 The project provides tenants with 2/1000 parking included at the asking lease rate. Additional parking may be leased. HOME VALUE 1 MILE 3 MILE 5 MILE 2020 Median Home Value $753,565 $788,290 $781,564 2020 Average HH Size 3.30 2.70 2.60
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. PROPERTY SITE PLAN
LEASED
BUILDING 3B BUILDING 3A 4,196 SQ. FT. 4,165 SQ. FT.
RR RR BUILDING 1 7,293 SQ. FT.
BUILDING 402 BUILDING 401 1,149 SF 1,419 SF BUILDING 3C 792 SF
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. FLOOR PLAN - BUILDING 1
RAMP GUARD
RR
RR
BUILDING 1 7,293 SF WITH 10%± OFFICES NEW OFFICE
COPY OF BLUEPRINT AVAILABLE UPON REQUEST
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. FLOOR PLAN - BUILDINGS 3 & 4
NEW TRASH ENCLOSURE
BUILDING 402 1,149 SF
NEW OFFICE BUILDING 401 BUILDING 3B 1,419 SF 4,196 SF WITH 10%± OFFICE
RR RR
RR RR BIKE
STORAGE BUILDING 3A 4,165 SF BUILDING 3C WITH 10%± OFFICE 792 SF RR NEW OFFICE RR
COPY OF BLUEPRINT AVAILABLE UPON REQUEST
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. PROPERTY RENDERING
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. AERIAL MAP
Los Feliz Blvd
N San Fernando Rd Eagle Rock Blvd
Glendale Blvd
Los Feliz Blvd Boxcar Studios
Los Angeles River Fletcher Dr
Eagle Rock Blvd Hyperion Ave
SUBJECT SITE
Sotomayer Arts & Sciences Magnet School
N San Fernando Rd
Glendale Blvd Rio de Los Angeles State Park Silver Lake Los Angeles Fire Dept. Station 44
Glendale Fwy
Los Angeles River
Cypress Ave
Elysian Park
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. LOS ANGELES INDUSTRIAL MARKET OVERVIEW
MARKET INDICATORS*
VACANCY RATE NET ABSORPTION CONSTRUCTION RENTAL RATE FSG UNEMPLOYMENT SF PSF 2.2% 10.3M 8.75M $0.83 NNN 4.0%
MARKET OVERVIEW The Los Angeles Basin boasts the largest industrial base in the nation, comprising 1.6 billion square feet in buildings 10,000 square feet and greater. It is a relatively decentralized market, with only 20% of the space located in Central Los Angeles and 80% dispersed throughout the region. Los Angeles and Orange counties are fairly built out and mostly infill markets, while the Inland Empire remains the last expansion area for industrial space in the region. The industrial market is beginning to mature, particularly in Los Angeles and Orange counties, as 60% of the buildings in the L.A. Basin are greater than 20 years old.
MARKET TRENDS* PORT TRAFFIC JOB GROWTH POPULATION -13.2% 0.3% 6.2% Since Last Year Since Last Year Since 2010
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved.