718 N Fries Ave

718 N Fries Ave, Wilmington, CA 90744
$1,627,000

Price Per SF
$269
Gross SQFT
6,048
Property Type
Industrial

INVESTMENT HIGHLIGHTS

  • Prime Location in Wilmington, CA
    • Strategic Position: Wilmington is centrally located near the Port of Los Angeles, one of the busiest ports in the U.S., making it a prime location for logistics and distribution businesses.
    • Proximity to Key Infrastructure: The property is within close proximity to major highways, including the I-110 and I-710, providing easy access to regional and national markets.
    • Access to Labor Force: The area benefits from a skilled labor pool, including workers experienced in manufacturing, warehousing, and logistics.
  •  High Demand for Industrial Space
    • Industrial Growth in LA Area: Wilmington is seeing increased demand for industrial space due to the growing e commerce, logistics, and manufacturing sectors in the greater Los Angeles area.
    • Low Vacancy Rates: The industrial real estate market in Wilmington is characterized by low vacancy rates, which indicates a strong demand for available space, especially for properties of this size.
  • Strong Tenant Market
    • Diverse Tenant Base: The area is home to various industries such as logistics, warehousing, manufacturing, and distribution, ensuring a broad market for potential tenants.
    • Potential for Long-Term Leases: Given the industrial nature of the area, tenants typically sign long-term leases, offering stable, recurring cash flow for property owners.
    • Ideal Space for Mid-Sized Tenants: The 6,000-square-foot size is perfect for small to medium-sized businesses in need of flexible space for warehousing, light manufacturing, or distribution.

Broker of Record

  • David Harrington
  • License No. 02168060 (CA)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 2321 Rosecrans Ave.,
    Suite 1225, El Segundo, CA 90245
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