CBRE is pleased to present the rare leasing opportunity of dual sites comprising four parcels at 4500 Lincoln Avenue and 4500 York Boulevard, a prime opportunity for an investor or developer. Among the 8.02-acre parcel offerings, there are multiple improvements on-site totaling approximately 60,011 square feet of office and warehouse buildings, ideal for a tenant looking for expansive industrial space. The industrial-zoned M1 site's incredible flexibility allows for complete occupancy, strategic leasing of the entire property, or dividing the site to suit specific needs. The multi-parcel structure offers the added advantage of future flexibility, allowing for the potential disposal of individual parcels, which could generate a premium return on investment.
Strategically located in the heart of Los Angeles and adjacent to Eagle Rock, the properties are less than 8 miles from Glendale, Downtown Los Angeles, and two major freeways, Interstate 5 and State Route 2. Notably, this is one of the few remaining M1-zoned industrial land sites in the immediate area, offering a rare opportunity to gain a foothold in a highly constrained market.
The transportation sector is a critical economic anchor of the Los Angeles Market. The Los Angeles and Long Beach Ports, which represent the largest port complex in the country and handle around a quarter of container ships in the nation, generate significant demand. The ports and the 20 million residents in Greater Southern California are key reasons the region is one of the largest industrial markets in the US. Other transport nodes, such as the Los Angeles International Airport and the Metrolink CMF, enable additional regional and national connectivity for cargo transportation. The metro’s ongoing upgrades to the ports, rail system, and highway infrastructure enhance the industrial sites’ value and logistics potential.
Michael Bogle
CBRE, Inc.