John Chuka - Commercial Real Estate Showcase

John Chuka Property Listings
NW Real Estate Brokers
1215 Highland Ave
Manhattan Beach, CA 90266-4786
(310) 546-3468
(310) 545-4223

27916 Silver Spur Road - The Rolling Hills Professional Bldg

Rolling Hills Estates, CA 90274-3810 - Beach Cities/Palos Verdes Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1966
Stories:3 Typical Floor:5,000 SF Building Size:14,730 SF
For Sale Price:$4,000,000 Price/SF:$271.55
Cap Rate:2.40 %
Parking:37 Surface spaces are available; Free Covered spaces; Ratio of 2.51/1,000 SF Amenities:Courtyard

* Spanish style building with courtyard

Sale Notes:
Excellent Rolling Hills Professional Building in the most prestigious area of the PV Peninsula. Classic Spanish 3 level with courtyard, 32 suites, elevator and ample parking. 32 parking spaces including a handicap space. Rents are well below market and all tenants are 10 years+ long term. Lots of upside rent potential. Rents should be at $225 to $275 per sq. ft. range for a 14730 sq. ft. building. Excellent prospect for a 1031 exchange or standard purchase.

NW Real Estate Brokers
John Chuka
(310) 546-3468

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