1401 W Walnut St

Located in the City of Compton, 1401 W Walnut sits on the corner of Walnut St and Walnut Parkway. There are 2 on and off ramps located on S Central and S Wilmington that are less than a mile from the property for the 91 Freeway. The 405, 710 and 110 Freeways are only 3 miles away which allows you to get anywhere in LA or Orange County with ease. Most importantly, the Ports of Long Beach and Los Angeles are just a few minutes down the 710 and LAX is only 15 minutes away. The proximity to freeways and major logistic hubs makes 1410 W Walnut’s location second to none. The warehouse for sale at 1401 W Walnut St is situated in an industrial hub in Compton, which has been experiencing a consistent interest in its industrial real estate market. Over the past few years, buyers have been actively acquiring assets, with more than $61 million worth of industrial properties sold in the last 12 months alone. This trend has been mainly driven by the logistics sector, which has seen a high volume of demand for properties in the area. Despite economic and financing conditions, the average sales price has grown by 10% since last year. This surge in demand is primarily due to the location's proximity to the Ports of Los Angeles and Long Beach, which handle around one-third of all imports into the USA. This has led to an increase in rent prices of 10.7% over the past year, with a cumulative increase of 42.4% in the past three years.