South Bay Trade Center Portefeuille de industriel/logistique à vendre 5 biens 10 410 674 € Gardena, CA

Colliers is pleased to present the opportunity to acquire the fee simple interest in South Bay Trade Center, a 38,152-square-foot small bay industrial complex consisting of five freestanding buildings with direct access to the I-110, I-105, and I-405 in Carson, California. Located at 401-409 E Gardena Blvd in the globally desired South Bay submarket of Los Angeles, the Property is currently 66% leased, with in-place rents more than 15% below market, which presents an exceptional value-add opportunity for a new owner to acquire the asset at an attractive basis with significant upside.
Ideally situated in the heart of the South Bay, one of the leading industrial submarkets in the world, the Property is highly attractive to logistics-focused companies due to its access to a deep labor pool and diverse population base. Its proximity to major Southern California commercial hubs and distribution channels, including the #1 container port in North America for over two decades, offers significant cost advantages, including lower transportation costs and shorter delivery times. The Carson industrial submarket, within this region, has experienced a 49.6% increase in asking rents since 2021 and a recent decline in vacancy towards its historical sub-3% trend, reflecting the insatiable industrial tenant demand in the area.
The Property, which offers ample loading and efficient design, presents embedded upside with in-place rents well below market, as investors can immediately enhance value and capture sizeable interest from the high concentration of companies oriented toward last-mile delivery in the South Bay. Multi-tenant, small bay industrial centers, in particular, present a compelling investment opportunity due to their high demand from small to mid-sized businesses seeking warehousing, light manufacturing, and service-oriented spaces, as the e-commerce boom and shifts in consumer behavior have significantly increased the need for these flexible and cost-effective properties.
With limited developable land, elevated tenant demand, and a declining vacancy rate placing upward pressure on rental rates in the submarket, South Bay Trade Center is strategically positioned to attract significant tenant interest and reset rents to market rate, offering substantial upside potential.