This ±15,099 square foot freestanding commercial and industrial building is situated on a ±46,251 square foot lot in the heart of Wilmington, California. The property is ideally positioned just minutes from the Port of Los Angeles and the I-110 freeway, with zoning that supports a wide range of uses including cold storage, food production and distribution, light manufacturing, logistics, commercial kitchen operations, and office or administrative support. It also includes a large gated yard with container storage and vehicle access, making it one of the most flexible and unique assets currently available in the marketplace.
The space offers multiple configurations that can support either a single-tenant or multi-tenant lease strategy. The cold storage section totals approximately 8,000 square feet and includes large roll-up access doors, high ceilings, and insulated interiors suitable for temperature-sensitive products, food distribution, or last-mile delivery operations. An additional 4,000 square feet has been improved for restaurant or commissary kitchen use, with ventilation, back-of-house prep areas, and infrastructure for commercial food operations. The second floor offers an additional 3,099 square feet of usable office space, ideal for operations, dispatch, or administrative teams. Utilities throughout the property have been upgraded to meet the demands of intensive users, including power, plumbing, and HVAC infrastructure.
Outside, the ±31,152 square feet of secure yard space includes gated entry, perimeter fencing, and the capacity to store containers, vehicles, or operate as a laydown yard for logistics and distribution users. The yard connects seamlessly to the building, providing a unique combination of indoor functionality and outdoor flexibility that is rarely found in this submarket.
Leases are structured as NNN with full pass-throughs for property taxes, insurance, and maintenance. All lease agreements include a 90-day termination clause that becomes effective only after December 31, 2028. This allows tenants to lease the property with short- to mid-term certainty while preserving the owner’s ability to initiate redevelopment in the future. For many operators, this strikes the right balance between flexibility and operational stability—especially those who want to avoid long-term lease obligations in a shifting real estate environment.
In the single-tenant leasing scenario, the full ±15,099 square foot building is available at $1.70 per square foot NNN, with yard space leased at $0.50 per square foot. This results in a projected annual rent of $494,830 with an additional $75,000 in annual NNN reimbursements. If divided for multi-tenant occupancy, the space can be leased in sections based on use and square footage, generating an estimated annual rent of $572,712 plus NNN. The owner is willing to consider improvement allowances for qualified tenants and is actively marketing to cold storage operators, food distributors, ghost kitchens, logistics users, and companies requiring a combination of office and yard functionality.
This property is now available for immediate occupancy. The current leasing strategy includes online marketing through CoStar, LoopNet, and Crexi, along with targeted outreach to users in relevant industries. Coastline Equity will oversee the leasing process as the broker, leasing agent, and property manager to ensure smooth execution and long-term operational oversight. Our team is committed to maximizing revenue while protecting the owner’s future redevelopment timeline and delivering quality tenancy during the lease-up and stabilization phase.
For tenants seeking a rare combination of functional space, yard access, flexible lease terms, and proximity to the Port of Los Angeles, this property offers a compelling opportunity. Whether for cold storage, logistics, or food operations, the infrastructure is in place, the site is ready, and the leasing window is now open.
To request a tour, floor plan, or to submit a letter of intent, contact Anthony A. Luna, CPM, CMDP, at Coastline Equity.
Anthony Luna
Coastline Equity
