± 3.12-acre industrial redevelopment/ logistics yard

7
Bandini Blvd. Bandini Blvd. 1 Mile 1 Mile Los Angeles River Los Angeles River Exclusive Advisors: Scott A. Heaton, SIOR Senior Executive Vice President License No. 00757159 +1 323 278 3110 [email protected] Matt Erickson First Vice President License No. 01877324 +1 323 278 3117 [email protected] ± 3.12-Acre Industrial Redevelopment/ Logistics Yard Opportunity 4120 - 4134 Bandini Boulevard Vernon, CA 90058

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Page 1: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

Bandini Blvd.Bandini Blvd.

1 Mile 1 Mile

Los Angeles RiverLos Angeles River

Exclusive Advisors:

Scott A. Heaton, SIORSenior Executive Vice PresidentLicense No. 00757159+1 323 278 3110 [email protected]

Matt EricksonFirst Vice PresidentLicense No. 01877324+1 323 278 [email protected]

± 3.12-Acre Industrial Redevelopment/ Logistics Yard Opportunity4120 - 4134 Bandini BoulevardVernon, CA 90058

Page 2: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

BANDINI BLVD

2

± 3.12-Acre Industrial Redevelopment/Logistics Yard Opportunity

Parcel Map: 6304-03-008

Ban

dini

Blv

d

Bandini Blvd

Downtown Los AngelesDowntown Los Angeles

Lease Abstract

Tenant:Southwest Processors, a limited partnership (https://southwestprocessors.com/)

Lease Expiration: December 31, 2022

Rent / Yr: $115,000 NNN

Property Taxes: Lessee Responsible

Renewal Options: None

ROFR:Lessee shall have the first right of refusal to purchase

Bandini Blvd. Frontage, City of Vernon “Truck & Freight” Overlay Zone

Page 3: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

3

Potential Redevelopment Site Plans

Scheme 1Site Area +/-3.12 Acres

Building Area 57,993 SF

Warehouse 55,493 SF

Office 2,500 SF

Parking Required 58

Scheme 2Site Area +/-3.12 Acres

Building Area 17,050 SF

Warehouse 12,050 SF

Office 2,500 SF

Parking Required 18

Scheme 3Site Area +/-3.12 Acres

Building Area 0 SF

Warehouse 0 SF

Office 1,600 SF

Parking Required 2

Page 4: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

4

Vernon Industrial Market OverviewThe City of Vernon is located approximately three miles south of Downtown Los Angeles and has long been home to many Fortune 500 Corporations and major warehouse/distribution companies. The region’s proven leasing record and diversified tenant base have resulted in long-term institutional investor confidence in a variety of property types - ranging from single tenant distribution buildings to multi-tenant industrial parks. Some of the institutional owner/developers in the Vernon market include Prologis, LBA, Centerpointe, Clarion, Deutsche, TA Associates, MetLife and Rexford Industrial.

The City of Vernon is one of the largest manufacturing and warehousing districts in Southern California. With proximity to Downtown Los Angeles and the Westside, where most of the owners reside, Vernon continues to be one of the most desirable industrial markets. It hosts a variety of industries including food processing, cold storage, general merchandise, garment warehousing and manufacturing, 3rd party warehousing and logistics and a variety of other uses. Tenants benefit from the City of Vernon Light and Power Department. Compared to neighboring utility providers, the City of Vernon offers electricity and gas service at a savings for tenants.

Page 5: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

5

Vernon Highlights

Reliable and low-cost utility services

• 70-year history of providing uninterrupted power at competitive rates

• Low water rates to serve a customer base that uses a high volume of water

• Over 44 miles of six-inch gas pipes and seven-miles of natural gas transmission pipes

• 35 miles of fiber optic cable spanning five-square miles, offering businesses ‘dark fiber’ and ‘lit fiber’ data services

• Focused on providing new high-speed methods to virtually connect customers’ buildings and offices to the Internet at lower costs

Attractive existing labor force of over 50,000

1,800 businesses include food processors, fashion apparel manufacturers, furniture manufacturers, electronics manufacturers, paper products producers and business logistics companies

Exclusively industrial since the city was founded in 1905

Intermodal Access: Three BNSF intermodal yards and one UP yard are located in Vernon or are Vernon adjacent.

Page 6: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

BANDINI BLVD

61st St

Fruitland Av

58th St

60th St

E WASHINGTON BLVD

56th St

S A

lam

eda

St

SLAUSON AV

RANDOLPH ST

S S

AN

TA F

E A

VE

Alco

a A

v

District Blvd

Soto

St

East

ern

Av

54th St

S B

oyle

Av

Paci

fic B

lvd

52nd St

Union Pacific Av

E Vernon Av

Giff

ord

Av

E 55th St

LON

G B

EA

CH

AV

E Slauson Av

Fruitland Av

LOS ANGELES RIVER

May

woo

d A

v

Fish

burn

Av

59th Pl

Pine

Av

E 26Th St

E 57th St

E 50th St

LEONIS BLVD

Triggs St

Hol

mes

Av

King

Av

E 46th St

Mal

abar

St

Sheila St

Sevi

lle A

v

Clarendon Av

Noakes St

59th Pl

Cor

ona

Av

E VERNON AV

E Slauson Av

57th St

S ATLANTIC BLVD

UNION PACIFIC RRBURLINGTON NORTHERN SANTA FE RR

E 27th St

Car

mel

ita A

v

E 38th St

52Nd Pl

E 58th St

E 44th St

Mile

s Av

E 25th St

E 51st St

E 48th St

Emery St

Couts Av

E 49th St

Alba

ny S

t

E 52nd St

TELEGRAPH RD

FRUITLAND AV

E 54th St Alco

a A

v

Indi

ana

StRoss St

Leonis St

E 56th St

E 54th St

E 53rd St

Arbu

tus

Av

E 15Th St

Lindbergh Ln

E 22Nd St

Mal

burg

Wy

Exchange Av

Nobel St

Viol

et A

l

Bick

ett S

t

Astor Av

Ayers Av

E 52nd Pl

McB

ird A

v

Laura Av

Dunham St

Ran

som

St

May

woo

d A

v

E 48th Pl

Ham

pton

St

Charter St

E 60th St

E 41st Pl

E 24th St

Stau

nton

Av

60th Pl

S H

erbe

rt A

v

E 45th St

Belgrave Av

S In

dian

a St

Wal

ker A

v

Sier

ra P

ine

Av

BANDINI BLVDLOS ANGELES JUNCTION RR

UNION PACIFIC RR

E 43rd St

E 58th Pl

S B

onni

e Be

ach

Pl

Packers Av

Sevi

lle A

v

Lugo St

Los

Pal

os S

t

S S

unol

Dr

Chambers St

Holabird Av

Haw

thor

ne A

v

Furlo

ng P

l

Alco

a A

v

53rd St

55th St

UNIO

N PA

CIFI

C RR

BURL

INGT

ON

NORT

HERN

SAN

TA F

E RR

UNIO

N PA

CIFI

C RR

MET

RO B

LUE

LINE

/SPT

CO

RR

UNION PACIFIC RR

E 49Th St

E Slauson Av

Sheila St

61st St

E 51st St

Long Beach Frwy

Belgrave Av

DISTRICT BLVD 26Th St

E 26th St

Ayer

s Av

E VERNON AV

Irving St

RANDOLPH STLo

ma

Vis

ta A

v

57th St

Ever

ett A

v

Lom

a V

ista

Av

E 37TH ST

E SLAUSON AV

E 45th St

E 46th St

E 42nd St

E 50th St

E 52nd St

E 54th St

PAC

IFIC

BLV

D

E 28th ST

30th St

E 45th St

E 46th St

Sain

t Cha

rles

St

E 52nd St

Ros

s St

E 37th St

ALA

ME

DA

ST

BO

YLE

AV

SO

TO S

TS

Sot

o S

t

S S

anta

Fe

Av

E 49th St

Martin LutherKing Jr Blvd

E 41st St

E 40th Pl

Alam

eda

St

S S

anta

Fe

Av

Reg

ent S

t

E 26th St

Sevi

lle A

v

DO

WN

EY

RD

S AT

LAN

TIC

BLV

D

E 50th St

52nd St

54th St

56th St

58th St

55th St

58th St

May

flow

er A

v

61st Pl

Woo

dlaw

n Av

61st St

0 500 1,000 1,500 2,000Feet

Adopted April 2015City Council Ordinance No. 1227

C i t y o f V e r n o nZ O N I N G M A P

Vernon City Boundary

Vernon Sphere of Influence

Freeway

Railroad

Base MapZoneIndustrial Housing

Emergency ShelterCommercial-1Commercial-2RenderingSlaughteringTruck and Freight Terminal

Overlay Zones

BANDINI BLVD

61st St

Fruitland Av

58th St

60th St

E WASHINGTON BLVD

56th St

S A

lam

eda

St

SLAUSON AV

RANDOLPH ST

S S

AN

TA F

E A

VE

Alco

a A

v

District Blvd

Soto

St

East

ern

Av

54th St

S B

oyle

Av

Paci

fic B

lvd

52nd St

Union Pacific Av

E Vernon Av

Giff

ord

Av

E 55th St

LON

G B

EA

CH

AV

E Slauson Av

Fruitland Av

LOS ANGELES RIVER

May

woo

d A

v

Fish

burn

Av

59th Pl

Pine

Av

E 26Th St

E 57th St

E 50th St

LEONIS BLVD

Triggs St

Hol

mes

Av

King

Av

E 46th St

Mal

abar

St

Sheila St

Sevi

lle A

v

Clarendon Av

Noakes St

59th Pl

Cor

ona

Av

E VERNON AV

E Slauson Av

57th St

S ATLANTIC BLVD

UNION PACIFIC RRBURLINGTON NORTHERN SANTA FE RR

E 27th St

Car

mel

ita A

v

E 38th St

52Nd Pl

E 58th St

E 44th St

Mile

s Av

E 25th St

E 51st St

E 48th St

Emery St

Couts Av

E 49th St

Alba

ny S

t

E 52nd St

TELEGRAPH RD

FRUITLAND AV

E 54th St Alco

a A

v

Indi

ana

StRoss St

Leonis St

E 56th St

E 54th St

E 53rd St

Arbu

tus

Av

E 15Th St

Lindbergh Ln

E 22Nd St

Mal

burg

Wy

Exchange Av

Nobel St

Viol

et A

l

Bick

ett S

t

Astor Av

Ayers Av

E 52nd Pl

McB

ird A

v

Laura Av

Dunham St

Ran

som

St

May

woo

d A

v

E 48th Pl

Ham

pton

St

Charter St

E 60th St

E 41st Pl

E 24th St

Stau

nton

Av

60th Pl

S H

erbe

rt A

v

E 45th St

Belgrave Av

S In

dian

a St

Wal

ker A

v

Sier

ra P

ine

Av

BANDINI BLVDLOS ANGELES JUNCTION RR

UNION PACIFIC RR

E 43rd St

E 58th Pl

S B

onni

e Be

ach

Pl

Packers Av

Sevi

lle A

v

Lugo St

Los

Pal

os S

t

S S

unol

Dr

Chambers St

Holabird Av

Haw

thor

ne A

v

Furlo

ng P

l

Alco

a A

v

53rd St

55th St

UNIO

N PA

CIFI

C RR

BURL

INGT

ON

NORT

HERN

SAN

TA F

E RR

UNIO

N PA

CIFI

C RR

MET

RO B

LUE

LINE

/SPT

CO

RR

UNION PACIFIC RR

E 49Th St

E Slauson Av

Sheila St

61st St

E 51st St

Long Beach Frwy

Belgrave Av

DISTRICT BLVD 26Th St

E 26th St

Ayer

s Av

E VERNON AV

Irving St

RANDOLPH ST

Lom

a V

ista

Av

57th St

Ever

ett A

v

Lom

a V

ista

Av

E 37TH ST

E SLAUSON AV

E 45th St

E 46th St

E 42nd St

E 50th St

E 52nd St

E 54th St

PAC

IFIC

BLV

D

E 28th ST

30th St

E 45th St

E 46th St

Sain

t Cha

rles

St

E 52nd St

Ros

s St

E 37th St

ALA

ME

DA

ST

BO

YLE

AV

SO

TO S

TS

Sot

o S

t

S S

anta

Fe

Av

E 49th St

Martin LutherKing Jr Blvd

E 41st St

E 40th Pl

Alam

eda

St

S S

anta

Fe

Av

Reg

ent S

t

E 26th St

Sevi

lle A

v

DO

WN

EY

RD

S AT

LAN

TIC

BLV

D

E 50th St

52nd St

54th St

56th St

58th St

55th St

58th St

May

flow

er A

v

61st Pl

Woo

dlaw

n Av

61st St

0 500 1,000 1,500 2,000Feet

Adopted April 2015City Council Ordinance No. 1227

C i t y o f V e r n o nZ O N I N G M A P

Vernon City Boundary

Vernon Sphere of Influence

Freeway

Railroad

Base MapZoneIndustrial Housing

Emergency ShelterCommercial-1Commercial-2RenderingSlaughteringTruck and Freight Terminal

Overlay Zones

BANDINI BLVD

61st St

Fruitland Av

58th St

60th St

E WASHINGTON BLVD

56th St

S A

lam

eda

St

SLAUSON AV

RANDOLPH ST

S S

AN

TA F

E A

VE

Alco

a A

v

District Blvd

Soto

St

East

ern

Av

54th St

S B

oyle

Av

Paci

fic B

lvd

52nd St

Union Pacific Av

E Vernon Av

Giff

ord

Av

E 55th St

LON

G B

EA

CH

AV

E Slauson Av

Fruitland Av

LOS ANGELES RIVER

May

woo

d A

v

Fish

burn

Av

59th Pl

Pine

Av

E 26Th St

E 57th St

E 50th St

LEONIS BLVD

Triggs St

Hol

mes

Av

King

Av

E 46th St

Mal

abar

St

Sheila St

Sevi

lle A

v

Clarendon Av

Noakes St

59th Pl

Cor

ona

Av

E VERNON AV

E Slauson Av

57th St

S ATLANTIC BLVD

UNION PACIFIC RRBURLINGTON NORTHERN SANTA FE RR

E 27th St

Car

mel

ita A

v

E 38th St

52Nd Pl

E 58th St

E 44th St

Mile

s Av

E 25th St

E 51st St

E 48th St

Emery St

Couts Av

E 49th St

Alba

ny S

t

E 52nd St

TELEGRAPH RD

FRUITLAND AV

E 54th St Alco

a A

v

Indi

ana

StRoss St

Leonis St

E 56th St

E 54th St

E 53rd St

Arbu

tus

Av

E 15Th St

Lindbergh Ln

E 22Nd St

Mal

burg

Wy

Exchange Av

Nobel St

Viol

et A

l

Bick

ett S

t

Astor Av

Ayers Av

E 52nd Pl

McB

ird A

v

Laura Av

Dunham St

Ran

som

St

May

woo

d A

v

E 48th Pl

Ham

pton

St

Charter St

E 60th St

E 41st Pl

E 24th St

Stau

nton

Av

60th Pl

S H

erbe

rt A

v

E 45th St

Belgrave Av

S In

dian

a St

Wal

ker A

v

Sier

ra P

ine

Av

BANDINI BLVDLOS ANGELES JUNCTION RR

UNION PACIFIC RR

E 43rd St

E 58th Pl

S B

onni

e Be

ach

Pl

Packers Av

Sevi

lle A

v

Lugo St

Los

Pal

os S

t

S S

unol

Dr

Chambers St

Holabird Av

Haw

thor

ne A

v

Furlo

ng P

l

Alco

a A

v

53rd St

55th St

UNIO

N PA

CIFI

C RR

BURL

INGT

ON

NORT

HERN

SAN

TA F

E RR

UNIO

N PA

CIFI

C RR

MET

RO B

LUE

LINE

/SPT

CO

RR

UNION PACIFIC RR

E 49Th St

E Slauson Av

Sheila St

61st St

E 51st St

Long Beach Frwy

Belgrave Av

DISTRICT BLVD 26Th St

E 26th St

Ayer

s Av

E VERNON AV

Irving St

RANDOLPH ST

Lom

a V

ista

Av

57th St

Ever

ett A

v

Lom

a V

ista

Av

E 37TH ST

E SLAUSON AV

E 45th St

E 46th St

E 42nd St

E 50th St

E 52nd St

E 54th St

PAC

IFIC

BLV

D

E 28th ST

30th St

E 45th St

E 46th St

Sain

t Cha

rles

St

E 52nd St

Ros

s St

E 37th St

ALA

ME

DA

ST

BO

YLE

AV

SO

TO S

TS

Sot

o S

t

S S

anta

Fe

Av

E 49th St

Martin LutherKing Jr Blvd

E 41st St

E 40th Pl

Alam

eda

St

S S

anta

Fe

Av

Reg

ent S

t

E 26th St

Sevi

lle A

v

DO

WN

EY

RD

S AT

LAN

TIC

BLV

D

E 50th St

52nd St

54th St

56th St

58th St

55th St

58th St

May

flow

er A

v

61st Pl

Woo

dlaw

n Av

61st St

0 500 1,000 1,500 2,000Feet

Adopted April 2015City Council Ordinance No. 1227

C i t y o f V e r n o nZ O N I N G M A P

Vernon City Boundary

Vernon Sphere of Influence

Freeway

Railroad

Base MapZoneIndustrial Housing

Emergency ShelterCommercial-1Commercial-2RenderingSlaughteringTruck and Freight Terminal

Overlay Zones

BANDINI BLVD

61st St

Fruitland Av

58th St

60th St

E WASHINGTON BLVD

56th St

S A

lam

eda

St

SLAUSON AV

RANDOLPH ST

S S

AN

TA F

E A

VE

Alco

a A

v

District Blvd

Soto

St

East

ern

Av

54th St

S B

oyle

Av

Paci

fic B

lvd

52nd St

Union Pacific Av

E Vernon Av

Giff

ord

Av

E 55th St

LON

G B

EA

CH

AV

E Slauson Av

Fruitland Av

LOS ANGELES RIVER

May

woo

d A

v

Fish

burn

Av

59th Pl

Pine

Av

E 26Th St

E 57th St

E 50th St

LEONIS BLVD

Triggs St

Hol

mes

Av

King

Av

E 46th St

Mal

abar

St

Sheila St

Sevi

lle A

v

Clarendon Av

Noakes St

59th Pl

Cor

ona

Av

E VERNON AV

E Slauson Av

57th St

S ATLANTIC BLVD

UNION PACIFIC RRBURLINGTON NORTHERN SANTA FE RR

E 27th St

Car

mel

ita A

v

E 38th St

52Nd Pl

E 58th St

E 44th St

Mile

s Av

E 25th St

E 51st St

E 48th St

Emery St

Couts Av

E 49th St

Alba

ny S

t

E 52nd St

TELEGRAPH RD

FRUITLAND AV

E 54th St Alco

a A

v

Indi

ana

StRoss St

Leonis St

E 56th St

E 54th St

E 53rd St

Arbu

tus

Av

E 15Th St

Lindbergh Ln

E 22Nd St

Mal

burg

Wy

Exchange Av

Nobel St

Viol

et A

l

Bick

ett S

t

Astor Av

Ayers Av

E 52nd Pl

McB

ird A

v

Laura Av

Dunham St

Ran

som

St

May

woo

d A

v

E 48th Pl

Ham

pton

St

Charter St

E 60th St

E 41st Pl

E 24th St

Stau

nton

Av

60th Pl

S H

erbe

rt A

v

E 45th St

Belgrave Av

S In

dian

a St

Wal

ker A

v

Sier

ra P

ine

Av

BANDINI BLVDLOS ANGELES JUNCTION RR

UNION PACIFIC RR

E 43rd St

E 58th Pl

S B

onni

e Be

ach

Pl

Packers Av

Sevi

lle A

v

Lugo St

Los

Pal

os S

t

S S

unol

Dr

Chambers St

Holabird Av

Haw

thor

ne A

v

Furlo

ng P

l

Alco

a A

v

53rd St

55th St

UNIO

N PA

CIFI

C RR

BURL

INGT

ON

NORT

HERN

SAN

TA F

E RR

UNIO

N PA

CIFI

C RR

MET

RO B

LUE

LINE

/SPT

CO

RR

UNION PACIFIC RR

E 49Th St

E Slauson Av

Sheila St

61st St

E 51st St

Long Beach Frwy

Belgrave Av

DISTRICT BLVD 26Th St

E 26th St

Ayer

s Av

E VERNON AV

Irving St

RANDOLPH ST

Lom

a V

ista

Av

57th St

Ever

ett A

v

Lom

a V

ista

Av

E 37TH ST

E SLAUSON AV

E 45th St

E 46th St

E 42nd St

E 50th St

E 52nd St

E 54th St

PAC

IFIC

BLV

D

E 28th ST

30th St

E 45th St

E 46th St

Sain

t Cha

rles

St

E 52nd St

Ros

s St

E 37th St

ALA

ME

DA

ST

BO

YLE

AV

SO

TO S

TS

Sot

o S

t

S S

anta

Fe

Av

E 49th St

Martin LutherKing Jr Blvd

E 41st St

E 40th Pl

Alam

eda

St

S S

anta

Fe

Av

Reg

ent S

t

E 26th St

Sevi

lle A

v

DO

WN

EY

RD

S AT

LAN

TIC

BLV

D

E 50th St

52nd St

54th St

56th St

58th St

55th St

58th St

May

flow

er A

v

61st Pl

Woo

dlaw

n Av

61st St

0 500 1,000 1,500 2,000Feet

Adopted April 2015City Council Ordinance No. 1227

C i t y o f V e r n o nZ O N I N G M A P

Vernon City Boundary

Vernon Sphere of Influence

Freeway

Railroad

Base MapZoneIndustrial Housing

Emergency ShelterCommercial-1Commercial-2RenderingSlaughteringTruck and Freight Terminal

Overlay Zones

4134 Bandini Blvd

6

Vernon Zoning Map

Page 7: ± 3.12-Acre Industrial Redevelopment/ Logistics Yard

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability.Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all l iability for loss and damages arising there from. This publication isthe copyrighted property of Colliers International and /or its licensor(s). © 2021. All rights reserved. Data source: ESRI, HERE, Garmin, FAO, NOAA, USGS, © OpenStreetMap. Logo data copyright © 2021 ChainXY Solutions Inc. All rights reserved. Map id: B_54078 1 inch represents 6.16 miles

1 23

4

4120 - 4134 Bandini BoulevardVernon, CA 90058

LAXLAX

Port of Los AngelesPort of Los Angeles

Port of Long BeachPort of Long Beach

Long Beach AirportLong Beach Airport

Airport Freeways BNSF Yards

LAX Airport 21 Miles 710 Fwy 1 Mile 1 BNSF Commerce Eastern

Long Beach Airport 20 Miles 5 Fwy 2.6 Miles 2 BNSF Sheila

Ports 60 Fwy 3.8 Miles 3 BNSF Hobart

Port of Los Angeles 23 Miles Union Pacific

Port of Long Beach 22 Miles 4 UP City of Commerce

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• Central Los Angeles Location

• 20 Miles from the Ports

• Adjacent to BNSF and UP Intermodal Yards

Scott A. Heaton, SIORSenior Executive Vice PresidentLicense No. 00757159+1 323 278 3110 [email protected]

Matt EricksonFirst Vice PresidentLicense No. 01877324+1 323 278 [email protected]