1151 W 5th St - Medical FOR SALE


Azusa, CA 91702
$6,495,000 USD
818-264-6648
1151 W 5th St, Azusa, CA for Sale
$6,495,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

1151 W 5th St
Azusa, CA 91702


HIGHLIGHTS

  • Great Owner User Investment Opportunity For Medical & Business Professionals Located in City of Azusa in the San Gabriel Valley
  • 25,120 SF Medical Office Building Situated on a 1.33 AC Parcel of Land With Abundance of Surface Level & Subterranean Parking
  • Property is Located Within Close Proximity to 210 Freeway & Foothill Blvd Making Property Easily Accessible
  • New 10 Year Billboard Lease Generates 30k Annually With 2 Ten Year Options To Extend - 10% Rental Increases Every Five Years

OVERVIEW

**$500,000.00 PRICE REDUCTION - PROPERTY WILL BE SOLD - SUBMIT ALL OFFERS** REMAX/ONE Commercial is proud to present to the market this extremely rare & attractive investment opportunity located at 1151 W 5th St in the city of Azusa CA. The Offering consists of a freestanding 25,120 SF two story medical office building situated on a 1.33 AC parcel of land with industrial zoning AZM2YY. The property is available for sale or lease and is the perfect investment opportunity for an owner user medical group to operate their practice from while leasing out the remaining space to other medical or business professionals. The property also provides an ideal location for Self Storage redevelopment due to the large parcel size and close proximity to the 210 Freeway. The property has been exceptionally well maintained and has an abundance of surface level & subterranean parking spaces totaling 119 parking stalls. The building is equipped with an elevator that can be accessed from the subterranean parking area that reaches both floors of the property. The entry way to the the property has a large atrium reception area in the front lobby with a 22 foot ceiling height. The property is strategically located at the corner of W 5th St & Zachary Padilla Ave with the property line bordering the 210 Fwy providing a heightened amount of visibility to the 272,544 daily commuters using the 210 Fwy. The property is located directly off of the 210 Fwy at the Irwindale Ave exit as well as the Vernon Ave exit making the property easily accessible for employees and business patrons.

FOR SALE DETAILS

PRICE

$6,495,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

R&D, Auto Dealership, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

AZM2YY

APN/PARCEL ID

8616-011-011

ASK ABOUT THIS PROPERTY

Aaron GoodmanRE/MAX One CommercialMore Info
818-264-6648

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Aaron GoodmanRE/MAX One CommercialMore Info
818-264-6648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.