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 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. 2 INVESTMENT SUMMARY 1711 South Mountain Avenue | Monrovia CA 91016 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) 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. 5 FLOOR PLANS 1711 South Mountain Avenue | Monrovia CA 91016 Closet Oce Oce Oce 2nd Floor Layout Conf. Room E. AV Open Work Area AIN MOUNT Lounge Oce Storage Oce EMERGENCY EXIT FIRE EXTINGUISHER Oce Oce 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 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. 7 PHOTOGRAPHS 1711 South Mountain Avenue | Monrovia CA 91016 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. 8 PHOTOGRAPHS 1711 South Mountain Avenue | Monrovia CA 91016 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