FOR SALE 1711 MOUNTAIN Office Building in Monrovia AVENUE 1711 South Mountain Avenue | Monrovia, CA 91016 MONROVIA Foothill Fwy
S Mountain Ave
Hamilton Rd
E Duarte Rd Investment Specialists: John S. Archibald, MCR Guillermo Olaiz 626.696.1208 626.696.1018 [email protected] [email protected] CalBRE Broker Lic.# 00996775 CalBRE Broker Lic.# 01778986
COLLIERS INTERNATIONAL | 701 North Brand Boulevard, Suite 800 | Glendale, California 91203-3279 | www.colliers.com INVESTMENT SUMMARY 1711 South Mountain Avenue | Monrovia CA 91016
FEATURES
▪▪ Offered as either VACANT to OWNER/USER or LEASED as a SALE-LEASEBACK ▪▪ Ideally located just South of I-210 Foothill Fwy, East of Pasadena and West of I-605 San Gabriel River Fwy. ▪▪ Two (2) story Office Building ▪▪ 154 on-site Parking Spaces (6.3/1,000) ▪▪ Fully Sprinklered
PROPERTY DETAILS
Property Address: . . . . . 1711 S Mountain Ave., Monrovia, CA 91016 County: ...... Los Angeles County Parcel ID: ...... APN# 8513-012-062 Lot Size: ...... ±82,328 SqFt (±1.87 AC) Building Size: ...... ±24,510 SqFt (Bldg 1 = ±20,000 SF/Bldg 2 = ±4,510 SF) Year Built: ...... 1985 / Completely Refurbished 1992 Property Class: ...... Office or Medical Building Power: ...... Two (2) Meters, Both 600 Amps 240 Volts 3 Phase 3 Wire Zoning: ...... O/RD/LM - Office/Research & Development / Light Manufacturing
PRICING SUMMARY
OWNER / USER: Purchase Price: $8,578,500 SALE-LEASEBACK / INVESTMENT: Lease Rate: $1.70 NNN
For more information contact: JOHN S. ARCHIBALD, MCR GUILLERMO OLAIZ +1 626 696 1208 +1 626 696 1018 [email protected] [email protected] CalDRE Broker Lic. No. 00996775 CalDRE Broker Lic. No. 01778986
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OWNER/USER OFFERING TERMS Price $8,578,500 Price Per Building Square Foot $350 Price Per Land Square Foot $104
SALE LEASEBACK OFFERING TERMS Tenant CBB/MBS Proposed Initial Rent $1.70 NNN Monthly Rent $41,667 NNN Annual Net Income (“NOI”) $500,000 NNN CAP on Offering Price 5.83%
PROPERTY SUMMARY Ownership Free-Simple Building Size ±24,510 SF Lot Size ±82,328 SF (±1.87 AC) Year Built 1985 / Remodeled 1992
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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 3 FLOOR PLANS 1711 South Mountain Avenue | Monrovia CA 91016
Water Shut-O Oce Oce Oce Oce Oce Oce Oce
Water Shut-O
1st Floor Layout Storage Closet Oce Conference Room
NORTH Lobby PARKING LOT VE .
Computer Room AIN A Work Reception
Storage Room MOUNT
Conference Room Storage Lunch Room First Aid Oce Oce Oce Oce Storage Room
Gass Shut-O
Closet SOUTH PARKING LOT Downstairs EMERGENCY EXIT File Room FIRE EXTINGUISHER FIRST AID KIT MANUAL PULL STATION
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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 4 FLOOR PLANS 1711 South Mountain Avenue | Monrovia CA 91016
1st Floor Layout Confrence Stairs Room
Lobby Men Women
*Over one hundred and eighty positions (180)
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Closet O ce O ce O ce 2nd Floor Layout
Conf. Room E.
Open Work Area AIN AV MOUNT
Lounge O ce
Storage O ce
EMERGENCY EXIT FIRE EXTINGUISHER O ce O ce FIRST AID KIT MANUAL PULL STATION
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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 6 PARCEL / PLAT MAP 1711 South Mountain Avenue | Monrovia CA 91016
1711 South Mountain Avenue | Monrovia, CA 91016 Parcel Number Zoning Bldg. Size Land Sq. Ft. O/RD/LM - Office / Research 8513-012-062 & Development / Light ±24,510 SF ±82,328 SF (1.87 AC) Manufacturing
APN: 8513-012-062
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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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 9 AREA MAPS 1711 South Mountain Avenue | Monrovia CA 91016
16 Miles from Los Angeles
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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 10 METRO MAP 1711 South Mountain Avenue | Monrovia CA 91016
ROUTE MAP
METRO NoHo - Pasadena Express v
a A PASADENA
t ARCADIA
Metro Express Line 501 provides daily service from v
North Hollywood Station (Metro Orange & Red Lines) to the a A v Arroyo Bl Lincoln Av Fair Oaks Av Los Robles Av Lake Av Hill Av Allen Av Altadena Dr Metro Gold Line (Del Mar & Memorial Park Stations). Linda Vis e A For more information, go to metro.net l Mountain St Sierra Madre Bl a Anit o AZUSA Sierra Madre Villa Av Highland Av
210 Sant
Orange Grove Bl Myrtl Baldwin Av Villa St MONROVIA DUARTE LAKE ALLEN SIERRA MADRE AZUSA DOWNTOWN APU/CITRUS COLLEGE 134 VILLA MEMORIAL PARK Walnut St Foothill Bl Huntington Dr Foothill Bl r s Holly St Colorado Bl 210 p DUARTE/CITY IRWINDALE Alosta Av k n OF HOPE e Bl MONROVIA IRWINDALE v DEL MAR Del Mar Bl ARCADIA o
oa St Duarte Rd m q v 210
California Bl e A Figuer
ange Gr 605 Arroyo Pkwy Raymond Av
Fillmore St Madre St
FILLMORE Rosemead Bl Michillinda Av Or Baldwin Av Azusa Av Citrus Av
Glenarm St San Gabriel Bl SOUTH Irwindal HIGHLAND 19 PARK PASADENA Sierra Madre Bl CONNECTIONS/PARKING Union Station LOS ANGELES York Bl 110 PAID PARKING Metro Red Line, Purple Line; Silver Line (910/950); MOUNT SOUTH PASADENA Mission St Local 40, 68, 70, 71, 76, 78, 79, 378, 442, 487, 489; Av 50
San Fernando RdWASHINGTON Av 54 Monterey Rd Rapid 704, 728, 733, 745, 770 Amtrak/Metrolink Av 57 Huntington Dr Los Angeles River Museum Dr Foothill Transit 493, 495, 497, 498, 499, 699, Silver Streak LADOT DASH B, D; DASH Lincoln Heights/Chinatown; Commuter HIGHLAND PARK Express 431, 534; Union Station/Bunker Hill Shuttle Metrolink Antelope Valley Line, Ventura County Line, San Bernardino j Line, Riverside Line, Orange County Line, 91 Line SOUTHWEST LEGEND Amtrak Pacific Surfliner, Coast Starlight, Southwest Chief, Sunset Fair Oaks Av MUSEUM Via Marisol Metro Gold Line Limited/Texas Eagle, San Joaquin Bus Connection Other Providers Santa Monica Big Blue Bus Rapid 10; Torrance Transit 4; Figueroai St Metro Red/Purple Line CYPRESS Marmion Wy Orange County Transportation Authority 701, City of Santa Clarita MONTECITO Metro Rail Station Transit 794; Antelope Valley Transit Authoirty 785, USC Shuttle, PARK Commerce Citadel Outlets Express; Megabus; LAX Flyaway y Rd on Dr Metro Rail Station and Timepoint 5 h HEIGHTS e Chinatown er # Point of Interest Metro Local 76 Huntingt HERITHERITAGEAGE SQUARE LADOT DASH B, Lincoln Heights/Chinatown; Commuter Express 409, 419 Av 26 Mont Freeway Metrolink/Amtrak Other Providers City of Santa Clarita Transit 799 LINCOLN/ g CYPRESS LINCOLN SUBJECT MAP NOTES Lincoln/Cypress FREE PARKING DOWNTOWN HEIGHTS Metro Local 251; Rapid 751 Pasadena Av PROPERTY LOS ANGELES a East LA College 110 N Broadway Heritage Square FREE PARKING Cesar E ChavezCollege Av St b MOCA at Geffen/Japanese American Valley Bl Metro Local 83 LITTLE TOKYO/ N Main St 10 National Museum ARTS DISTRICT f Southwest Museum CHINATOWN 5 Mission Rd c LA Civic Center/Grand Park 101 d Patsaouras Transit Plaza/ Metro Local 81, 83 CIVIC CENTER/ 1st St Gateway Transit Center Highland Park GRAND PARK 5 UNION STATION Metrolink e Olvera Street c Metro Local 81, 83, 256 4 710 f Chinatown (Dining/Shopping) LADOT DASH Highland Park/Eagle Rock b 10 PICO/ALISO BOYLE g Dodger Stadium South Pasadena PAID PARKING
oa St Alameda St HEIGHTS h Historic Heritage Square Metro Local 176
LITTLE TOKYO/ v MARIACHI i Debs Regional Park Fillmore FREE PARKING Hill St BroadwayMain St EAST LA Figuer ARTS DISTRICT 1st St a j PLAZA Cesar E Chavez Av CIVIC Southwest Museum Metro Local 260, 686, 687; Rapid 762 Metro Red Line to SOTO
4th St CENTER k Old Pasadena (Dining/Museum/Shopping) Pasadena Transit 20, 51/52
A N. Hollywood. Mednik
ak/ 1st St Metro Purple Line olink 101 o St l Rose Bowl Del Mar PAID PARKING INDIANA 3rd St 60 to Wilshire/Western Sot m California Institute of Technology Metro Local 177, 256, 260, 686, 687; Express 501; Rapid 762 Amtr Metr ena St ATLANTIC v Be Lor MARAVILLA n Pasadena City College Foothill Transit 187 60 verl y Bl o Victory Park Pasadena Transit 20, 51/52
d Bl
A ern Indiana St Indiana t or Memorial Park F EAST p Santa Anita Racetrack Eas Atlantic Bl q City of Hope Medical Center Metro Local 177, METRO180, 181, 256, 260, GOLD 267, 686, 687; LINE Express MAP 501; Arizona Av LOS ANGELES Rapid 762, 780 r Azusa Pacific University Pasadena Transit 20, 40, 51/52 s Citrus Community College Other Providers Foothill Transit 187; LADOT Commuter Express 549
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, warranties151076 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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 11 FOR SALE - Office Building 1711 South Mountain Avenue | Monrovia, CA 91016
JOHN S. ARCHIBALD, MCR GUILLERMO OLAIZ Colliers International +1 626 696 1208 +1 626 696 1018 701 North Brand Boulevard | Suite 800 [email protected] [email protected] Glendale, CA 91203-3279 CalDRE Broker Lic. No. 00996775 CalDRE Broker Lic. No. 01778986 +1 818 334 1900 +1 818 334 1876 This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of www.colliers.com Lic. No. 01908231 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 liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019, All rights reserved. COLLIERS INTERNATIONAL | P. 12