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19801 South Vermont Avenue

Updated Apr 9, 2026

Terreno Realty Corporation Sells Fully Leased Industrial Building In Torrance For $31.1M
SOLDIndustrial

Terreno Realty Corporation Sells Fully Leased Industrial Building In Torrance For $31.1M

19801 South Vermont Avenue

$31,100,000

$314/SF

Building Size

99,000 SF

Asset Type

Industrial

Closing

Apr 7, 2026

About this deal

AI

Terreno Realty has completed the sale of a fully leased industrial distribution building located at 19801 South Vermont Avenue, Torrance, California. The property spans 99,000 square feet and is situated on 4.7 acres. The transaction was finalized for a total price of $31.1 million, translating to a price per square foot of $314.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $31,100,000
  • Square Footage: 99,000
  • Price Per Square Foot: $314
  • Address: 19801 South Vermont Avenue
  • Market: Torrance
  • Acres: 4.7
  • Broker: Blake Baird - Terreno Realty Corporation

This transaction was executed through broker Blake Baird of Terreno Realty Corporation, who represented the seller in the deal. Notably, the property was initially acquired by Terreno for $17.5 million in 2018, offering a significant unleveraged internal rate of return of 10.3% upon its sale.

On the Map

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$31,100,000

$314/SF

Industrial

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Players

Blake Baird

Terreno Realty Corporation

Broker

$2.1B

vol

59 deals

Broker
Terreno Realty Corporation
Terreno Realty CorporationSeller
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Torrance Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $314 per square foot on a published $31.1M for 99,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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