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16700 Valley View Avenue - Parkway La Mirada - Atrium Bldg, La Mirada, CA

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DetailMap
16700 Valley View Avenue - Parkway La Mirada - Atrium Bldg

La Mirada, CA 90638-5830 - Southeast Los Angeles Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1982
Stories:4 Typical Floor:20,915 SF Building Size:83,954 SF
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:111 SF Largest Space:219 SF Total Space Avail:3,086 SF Rent/SF/Yr:
$48.00 - $64.86
Parking:Free Surface spaces are available; Ratio of 4/1,000 SF Amenities:24 Hour Availability, Bus Line, Conferencing Facility, Hotel, On Site Management, Restaurant


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
153 SF
$64.71/SF/Yr
30 Days
Negotiable
Office
 2nd
137 SF
$59.12/SF/Yr
30 Days
Negotiable
Office
 2nd
111 SF
$64.86/SF/Yr
30 Days
Negotiable
Office
 2nd
150 SF
$48.00/SF/Yr
30 Days
Negotiable
Office
 2nd
150 SF
$48.00/SF/Yr
30 Days
Negotiable
Office
 3rd
172 SF
$59.30/SF/Yr
30 Days
Negotiable
Office
 3rd
172 SF
$57.56/SF/Yr
30 Days
Negotiable
Office
 3rd
172 SF
$59.30/SF/Yr
30 Days
Negotiable
Office
 3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
 3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
 3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
 3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
 3rd
134 SF
$62.69/SF/Yr
30 Days
Negotiable
Office
 3rd
133 SF
$63.16/SF/Yr
30 Days
Negotiable
Office
 3rd
133 SF
$63.16/SF/Yr
30 Days
Negotiable
Office
 4th
219 SF
$49.32/SF/Yr
30 Days
Negotiable
Office
 4th
130 SF
$62.31/SF/Yr
30 Days
Negotiable
Office
 4th
131 SF
$61.83/SF/Yr
30 Days
Negotiable
Office
 4th
187 SF
$60.96/SF/Yr
30 Days
Negotiable
Office
 4th
134 SF
$62.69/SF/Yr
30 Days
Negotiable
Office
 
11674473
10524813
11789521
11789525
11789531
11674477
11674486
11674491
11674492
11674495
11674497
11674498
11674501
11674502
11674505
11674507
11674511
11674512
11674514
11674515
Floor Plan
  
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
153 SF
$64.71/SF/Yr
30 Days
Negotiable
Office
2nd
137 SF
$59.12/SF/Yr
30 Days
Negotiable
Office
2nd
111 SF
$64.86/SF/Yr
30 Days
Negotiable
Office
2nd
150 SF
$48.00/SF/Yr
30 Days
Negotiable
Office
2nd
150 SF
$48.00/SF/Yr
30 Days
Negotiable
Office
3rd
172 SF
$59.30/SF/Yr
30 Days
Negotiable
Office
3rd
172 SF
$57.56/SF/Yr
30 Days
Negotiable
Office
3rd
172 SF
$59.30/SF/Yr
30 Days
Negotiable
Office
3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
3rd
167 SF
$59.28/SF/Yr
30 Days
Negotiable
Office
3rd
134 SF
$62.69/SF/Yr
30 Days
Negotiable
Office
3rd
133 SF
$63.16/SF/Yr
30 Days
Negotiable
Office
3rd
133 SF
$63.16/SF/Yr
30 Days
Negotiable
Office
4th
219 SF
$49.32/SF/Yr
30 Days
Negotiable
Office
4th
130 SF
$62.31/SF/Yr
30 Days
Negotiable
Office
4th
131 SF
$61.83/SF/Yr
30 Days
Negotiable
Office
4th
187 SF
$60.96/SF/Yr
30 Days
Negotiable
Office
4th
134 SF
$62.69/SF/Yr
30 Days
Negotiable
Office


Property features on-site express mail and office supplies, 24-hour security patrol, card key security access, on-site conference center, commissioned art work and lush landscaping.

Location provides immediate access to 5, 91, and 605 Freeways.

Sale Notes:
Newmark Grubb Knight Frank ( NGKF ), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 16700 Valley View (The Property ). This well maintained, multi-tenant suburban office building is strategically located midway between Los Angeles and Orange County ( Mid-Counties ) along Valley View Avenue and adjacent to the Santa Ana (I-5) Freeway.

Located in the city of La Mirada, this stabilized asset offers an investor an above average market return at a purchase price significantly below estimated replacement cost. The four-story office building consists of 83,954 rentable square feet and is currently 98% leased to a diverse industry mix of tenants. Completed in 1982, the Property is situated on approximately 2.44 acres with a free and abundant surface parking ratio of 4.0/1,000 RSF (in common with adjacent properties).

The strategic location on the border of the two counties appeals to a wide array of small and large businesses, due to its proximity to a diverse and deep labor pool. The Property enjoys immediate access to the I-5, SR-91, I-405 and I-105 Freeways, providing short and convenient commutes to and from Orange County & LA

IF YOU WOULD LIKE TO RECEIVE THE OFFERING MEMORANDUM, PLEASE FILL OUT THE CONFIDENTIALITY AGREEMENT IN THE ATTACHMENT SECTION OF THIS WEBSITE.

HIGH QUALITY MID-RISE OFFICE BUILDING WITH STRATEGIC LOCATION PROVIDING EASY ACCESS TO ALL OF SOUTHERN CALIFORNIA

The Property, with its ability to accommodate both small and large users, has historically provided built-in tenant demand from employees who value the ability to live and work within the same community and strong tenant retention by local demographics and industrial base within the Mid-Counties submarket. The Mid Counties office submarket, due to its proximity to Los Angeles and Orange County, services a large diverse population and wealth of office-using businesses. The current Class B office vacancy rate within the Mid Counties submarket is 6.4%.


Newmark Knight Frank
Michael B Moore
(310) 491-2019

Kevin A Shannon
(310) 491-2005

  
Newmark Knight Frank
Blake Bokosky
(949) 608-2094

Paul Jones
(949) 608-2083


ESDI, Inc.
Massy Farzine
(949) 252-5330

Patty Zhongua
(949) 252-5330



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