PLAYA VISTA | WEST LOS ANGELES OWNER / USER OFFICE BUILDING
5455 CENTINELA AVE.
PRESENTED BY
John Bertram Craig Jablin Executive Managing Director Executive Managing Director +1 310 444 1055 +1 310 444 1035 [email protected] [email protected] Lic. 00836177 Lic. 00836177 HIGHLIGHTS
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PROPERTY DETAILS
• Sale Price: $15,375,000 Vi r rtual Tou • Type: Office • Building GLA: 21,695 SF • Land Area: 13,517 SF HIGHLIGHTS • Parking: 46 parking stalls • Rare newer office building • Floors: 3 • Desirable location with • Year Built: 1991 strong demographics • Zoning: LCC344 • Owner-user opportunity • APN: 4211-002-053 • Silicon Beach Location
BEATRICE ST
CENTINELA AVE LUCILE ST
2 | savills.us THE OFFERING
Savills is pleased to present the opportunity to acquire the 100% fee simple interest in 5455 S. Centinela Ave. (the “Property”) located in West Los Angeles, CA.
The Property consists of a three story 21,695 SF office building constructed in 1991, together with a parking lot containing approximately 46 parking spaces. The lot area is 13,517 SF and located on the corner of Centinela Ave. and Lucile St. The Property is situated in Playa Vista, in the unincorporated area of Los Angeles. The unincorporated area of Los Angeles has unique tax benefits for certain businesses. Please consult your tax advisor to see if there is a benefit for your specific use.
Offered vacant, the Property provides the purchaser the opportunity to acquire a well located, modern office building in the heart of Playa Vista and nearby Silicon Beach.
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PRIME LOCATION
Situated just south of the Marina Del Ray Freeway at the corner of Centinela and Lucile, the Property sits at the Gateway of Playa Vista, 5455 Centinela Ave. home to Google, You Tube, Facebook, and Yahoo. The Property is close to the beach and is pedestrian and bike friendly with miles of city pathways nearby.
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5455 Centinela Ave. 24
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LOCAL COMPANIES LOCAL AMENITIES 1 Facebook 6 TOMS HQ 11 The Home Depot 16 YogaWorks 21 Starbucks 2 Tencent 7 Samy’s Camera HQ 12 Whole Food Market 17 Cinemark 22 Westfield Culver City 3 Google 8 The Honest Company 13 Runway Mall 18 CVS 23 Double Tree 4 YouTube 9 Belkin International 14 Starbucks 19 SOL Mexican Cocina 24 Marshalls 5 Yahoo 10 IMAX HQ 15 Chase Bank 20 Panini Kabob Grill 25 Chick-fil-A
11 | savills.us DISCLAIMER
Savills Inc., representative of the Seller, is solely authorized to present this property investment offering (the “Offering”). This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of (the “Property”). Prior to submitting an offer to purchase the Property, interested parties should perform and rely upon their own investigations, analyses, estimates and projections and otherwise satisfy any concerns regarding material aspects of the proposed transaction including, but not limited to legal, municipal, environmental, operational, seismic, financial and physical issues, and all other matters affecting or pertaining to the Property. The Seller will be offering the Property including all appurtenances and tenant improvements, solely on an “As-Is, With-All-Fault” basis, without any representations or warranties. No person is authorized to make any representations or warranties on behalf of the Seller regarding the Property. Any and all information regarding the Property provided to any interested party by the Seller or Savills Inc., including all information contained in the Offering, is provided without any representation or assurance express or implied, regarding the accuracy, completeness or current status of applicability of such information. Each interested party is expected to undertake such reviews and investigations and make such inquiries as such party may believe to be necessary, appropriate or advisable for the purpose of forming a decision to make an offer to acquire the Property. The Owner expressly reserves the right, as its sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or to terminate discussions with an entity at any time with or without notice which many arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived. The material contained herein is confidential and is presented strictly as information for the exclusive use of the prospective purchaser. Receipt and review of this Offering by the prospective purchaser constitutes an agreement not to divulge, share or distribute the information to any other party, except the prospective purchaser’s legal counsel and financial advisors, without the prior specific written authorization of the Seller or Savills Inc. Each prospective purchaser shall also agree to and comply with the provisions of the confidentiality agreement executed by such prospective purchaser prior to receipt of this Offering. This Offering is submitted subject to errors, changes, omissions, changes in price, market and other conditions. It contains selected information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that prospective purchasers may desire. It should be noted that any and all market analyses, estimates, and projections contained in this Offering are provided for general reference purposes only and are based on assumptions related to the general economy, competitions, real estate market trends, and other factors beyond the control of the Seller or Savills Inc. Such analyses, estimates and projections are therefore subject to material variation, and my not be consistent with the views or assumptions held by other professionals. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. © 2021 Savills Inc. All Rights Reserved
12 | savills.us 5455 Centinela Ave.
LINK TO SIGN CONFIDENTIALITY AGREEMENT AND ACCESS DUE DILIGENCE FILES OFFERED BY
John Bertram Craig Jablin Executive Managing Director Executive Managing Director +1 310 444 1055 +1 310 444 1035 [email protected] [email protected] Lic. 00836177 Lic. 01192028
SAVILLS 1000 Glendon, 18th Floor, Los Angeles, CA 90024 +1 310 444 1000 Corporate License 00388260 savills.us
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