15-17 E. Huntington Drive, Arcadia, CA E. HUNTINGTON DRIVE Prime Arcadia Retail/Office Sale Opportunity on Historic Route 66 15 -17 ARCADIA • CALIFORNIA Presented by FENG SHUI CERTIFIED PROPERTY 15-17 E. Huntington Drive, Arcadia, CA EXECUTIVE SUMMARY Lee & Associates - Pasadena, Inc. is pleased to present for sale this multi-tenant, single-story inline retail/office building located on Historic Route 66 at 15-17 E. Huntington Drive in the city of Arcadia, California. Nestled along the base of the San Gabriel Mountains, this building is ideally situated in the coveted area of Downtown Arcadia which is adjacent to Santa Anita Park, Santa Anita Golf Course and Santa Anita Westfield Mall, making this property ideal for an owner-user in the market for retail/office with high traffic visibility in a prime downtown setting. PROPERTY ADDRESS 15-17 E. Huntington Drive, Arcadia CA 91006 Excellent Owner-User Opportunity on Historic Route 66 $2,000,000 ($592.24 PSF) ASKING PRICE • Multi-tenant, single-story, inline retail/office building available with NET RENTABLE AREA ±3,377 RSF storefront exposure on Historic Route 66 LOT SIZE ±6,996 SF • Feng Shui compliant.* Inspected and confirmed by Peter Wai Lam, YEAR BUILT 1948 Chinese Certified Feng Shui Consultant of the American Feng Shui PARKING RATIO 2.96/1,000 plus free City Parking Lot Institute TENANCY Multi • Currently leased to two tenants; one tenant on month-to-month and STORIES One (1) second tenant with lease expiration date of June 30, 2020. ZONING C2H* • Downtown Business District location 5773-012-003 PARCEL NUMBER • Abundant parking both at private parking lot and free city parking lot • Dual entry access from street and back parking lot • Building Signage at front and back of property • Near corner of signalized intersection at Santa Anita Avenue & Huntington Drive • Benefits from the highly desirable storefront visibility and heavy vehicle traffic count of over32,042 cars daily • Premier location in the coveted Downtown Arcadia only minutes from major retail center Westfield Mall and entertainment venue at Santa Anita Park • Easy access to the I-210 freeway & walking distance to Metro Goldline transit station • Strong demographics surrounding property with over 363,116 residents within a five mile radius with an average household income of $97,569 *Neighbor tenant, Forest Lawn, is a sales office only. No coffins are stored here nor are any morturary services held at this location. 8 Bagua mirrors have been placed between these buildings along with construction modifications to ensure this property is entirely free of any kind of negative Feng Shui energy. 15-17 E. Huntington Drive, Arcadia, CA PROPERTY PHOTOS // STOREFRONT Storefront view along Huntington Drive Storefront view of 17 E Huntington Drive Storefront view of 15 E Huntington Drive East View on Huntington Drive (note: Forest Lawn neighbor is a Sales Office ONLY) 15-17 E. Huntington Drive, Arcadia, CA PROPERTY PHOTOS // INTERIOR Main entrance to 15 E Huntington Drive Inside 15 E Huntington Drive Main entrance to 17 E Huntington Drive Room inside 17 E Huntington Drive 15-17 E. Huntington Drive, Arcadia, CA PROPERTY PHOTOS // PARKING View of private parking lot and back entry to building View of north entrances Additional free city parking located behind building Signalized corner of one of Arcadia’s busiest intersections; Huntington & Santa Anita 15-17 E. Huntington Drive, Arcadia, CA PLAT MAP 7 15-17 E. Huntington Drive, Arcadia, CA REGIONAL MAP LOCATION PROPERTY santa anita avenue anita santa e. Huntington drive N PROPERTY N 15-17 E. Huntington Drive, Arcadia, CA AERIAL MAP LOCATION PROPERTY Metro Goldline Santa Anita Park future site of ARCADIA BOUNDARY Le Méridien Huntington Oaks hotel Center The Areum City Hall Methodist Hospital MONROVIA BOUNDARY Santa Anita Golf Course N WHEELER AVE. FREE CITY PARKING N. 1ST AVE. ALLEY LANE PROPERTY S. SANTA ANITA AVE. E. HUNTINGTON DRIVE 15-17 E. Huntington Drive, Arcadia, CA DOWNTOWN ARCADIA PROPERTY Le Méridien Hotel New $300 million development DOWNTOWN ARCADIA BUSINESS DISTRICT The Metro Gold Line light rail station in Downtown Arcadia provides a direct, high volume mass transit connection to and from Pasadena and Downtown Los Angeles with early morning and late night service 7 days a week. Three (3) free and convenient public parking lots are located in Downtown Arcadia with over 300 spaces for use by shoppers and visitors to the area. 15-17 E. Huntington Drive, Arcadia, CA LOCATION INFORMATION World Class Location • Arcadia is a city in Los Angeles County, California, located about 13 miles northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. • Boasting major venues including the Santa Anita Park racetrack and the 127-acre Los Angeles County Arboretum and Botanic Garden. • $300-million development spanning 6.5 acres has begun across the Santa Anita Racetrack for the Le Méridien hotel; 227 guest rooms, specialty restaurant, a ballroom, meeting spaces, and a rooftop pool. • Arcadia is a high-end retail shopping destination home to Westfield Santa Anita; 1.3 million square foot super regional shopping mall. • In 2016, Arcadia was ranked the 5th most expensive housing market in the United States by Business Insider, with an average list of $1,748,680 for a four-bedroom home. • In 2012, Arcadia was ranked 7th in the nation on CNN Money magazine’s list of towns with highest median home costs. • Historic U.S. Route 66, passes through Arcadia, on Huntington Drive in Downtown Arcadia. 15-17 E. Huntington Drive, Arcadia, CA DEMOGRAPHICS Skilled Workforce & Affluent Community • Arcadia had a population of 56,364 at the 2010 census, up from 53,248 at the 2000 census. • In 2006, the median income for a household in the city was $104,992. • Highly skilled workforce with higher than California average of residents with Bachelor’s Degrees at 33.2%. • Arcadia’s economy is driven by wholesale trade, retail trade, manufacturing, health care and social assistance, arts, entertainment, and recreation. 15-17 E. Huntington Drive, Arcadia, CA local market investment advisors E. HUNTINGTON DRIVE CHRISTOPHER LARIMORE ARCADIA • CALIFORNIA President 626.240.2788 [ direct ] 15 -17 [email protected] Lic. No. 01314464 VINCENT MOLITOR Principal 626.240.2787 [ direct ] [email protected] Lic. No. 0295360 Lee & Associates® — Pasadena, Inc. Office Market Group Pasadena Corporate ID# 01125429 A Member of the Lee & Associates® Group of Companies 155 N. Lake Avenue, Suite 430 Pasadena, CA 91101 626.535.9888 [ main ] © 2018 Lee & Associates, Inc. The information contained in this document has been obtained from sources believed reliable. While Lee & Associates, Inc. does not doubt its accuracy, Lee & Associates, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs..