1007 S Santa Fe Ave
Los Angeles Industrial Space

Sale Details
Sale Price
2950000
Price / SF
449
Cap Rate
5.25
Sale Date
June 14, 2024
Sale Type
Investment NNN
Recorded Buyer
Santa Fe Industrial Holdings LLC
Recorded Seller
1007 Arts District Partners LP
Lease Details
Tenant
Westside Logistics Co.
Landlord
Global CRE Holdings LLC
Lease Term
5 years (NNN)
Size Leased (SF)
6566
Floor / Suite
1
Asking Rent
$1.45 / SF / Month (NNN)
Starting Rent
$114,248 / year
Services
Modified Gross
Lease Signed Date
April 17, 2000
Building SF
5600
Property Type
Industrial Space
Year Built
1922
Submarket
Central Los Angeles
County
Los Angeles
Sale Price
2950000
Cap Rate
5.25
Overview
1007 S Santa Fe Ave is a 6,566-square-foot industrial building in the heart of the Central Los Angeles Arts District submarket. The property offers functional warehouse space with convenient access to the I-10 and I-5 freeways and strong proximity to Downtown Los Angeles. It is well suited to logistics, light manufacturing, and creative industrial users seeking infill space in one of LA's most dynamic submarkets.