City of Industry, CA Commercial Real Estate Market Overview
True to its name, the city of Industry is mostly commercial property that, in turn, is mostly industrial real estate. With residents few and far between, business is the heart of daily life here. In fact, in 2019, there were roughly 3,000 businesses in this small city that account for more than 68,000 jobs. Located just 22 miles from downtown Los Angeles, Industry city zoning is more than 90% industrial, with the rest reserved for other commercial purposes — which makes commercial real estate in Industry a highly sought-after commodity.
As far as business-friendliness goes, Industry city stands out as 100% entrepreneur-oriented. For example, there are no city business license fees; no wholesale or retail fees; no manufacturing fees; and no professional or utility taxes. Notably, reports released in 2017 showed that commercial real estate here — spread across just 12 square miles — accounted for roughly 10% of Los Angeles County’s aggregated industrial acreage. What’s more, Industry is strategically located at the confluence of three major U.S. markets: Los Angeles, Inland Empire and Orange County.