E X C L U S I V E
O W N E R / U S E R
O F F I C E
I N V E S T M E N T
O F F E R I N G
A LLPORT O FFICE P LAZA 11751 Slauson Avenue Santa Fe Springs, CA 90670
INVESTMENT HIGHLIGHTS
OFFERING SUMMARY
Ideal Owner-User Office Investment Property
Price
More Cost Effective to Purchase vs. Leasing
Tenant Income Offsets Ownership Costs
Monument Signage for Excellent Branding and Visibility
Rentable SF
Within One Mile from LA County Freeways
Price Per Rentable SF
Down Payment Gross SF Price Per Gross SF
Flexible Building Layout for Future Growth
Desirable Corner Lot with High Traffic Counts
Located in the Industrial Heart of Santa Fe Springs
Parcel Size Year Built
Offices Nationwide
$1,800,000 (10%) $180,000 13,340 $134.93 12,546
Listed by:
$143.47
RICK LOZANO
23,925 1962/2009
One World Trade Center, Suite 2100 Long Beach, CA 90831 • Tel: (562) 257-1200 Fax: (562) 257-1210
Associate National Office and Industrial Properties Group Tel: 714-307-2618 Fax: (562) 257-1210 License: CA 01945234
[email protected] www.marcusmillichap.com/RickLozano
www.marcusmillichap.com
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2014 Marcus & Millichap (Activity ID: V0130107 Property ID: 1924851)
ALLPORT OFFICE PLAZA • 11751 SLAUSON AVENUE • SANTA FE SPRINGS, CA 90670
INVESTMENT OVERVIEW The Allport Office Plaza represents an outstanding Owner/User office investment within the very desirable industrial heart of Santa Fe Springs. The property consists of two buildings totaling 13,340 square feet, situated on separate parcels. The first building is an 11,540 square foot two-story, industrial showroom / office building. The lower level consists of warehouse and office space with a partition for 1,854 in retail showroom space, which includes approximately 90 feet of retail frontage facing Slauson Ave. The top floor consists of 5,436 SF of ready to lease office space; which includes 10 separate units with 5 newly remodeled bathrooms. Individual units can be rented as professional or medical office space. The make-up of the small suites will help to limit any future rollover and caters to the significant demand for small office suites in the market. The second building is an 1,800 square foot garage / warehouse space with two industrial roll-up doors and separate bathroom. The Allport Office Plaza has tremendous visibility with attractive curb appeal along Slauson Avenue. This location provides significant opportunity to benefit any business and tenant base. With monument signage and traffic counts amongst the highest in the city, the new owner can take advantage of excellent branding and exposure. This property is currently 60% occupied but will be delivered vacant, and is ideal for a small to mid-size business. The new owner can occupy 45% to 60% of the entire building and obtain a tenant mix they deem most profitable to offset ownership costs. The flexibility for current and future growth makes this a very unique offering for an existing business. The City of Santa Fe Springs is a pro-businesses community which has steadily grown into one of the key industrial cities of Southern California. Approximately 90% of the City is zoned for commercial and industrial use. Its progressive local government practices are designed to avoid red tape while maintaining a safe and productive environment. That is why 3,500 businesses call Santa Fe Springs home and eight out of ten businesses have operated in the community for more than 15 years. Santa Fe Springs also has low property taxes and building permits are amongst the lowest in the county.
Exclusively Listed by: RICK LOZANO Associate One World Trade Center Suite 2100 Long Beach, CA 90831 Tel: (562) 257-1276 Cel: (714) 307-2618 Fax: (562) 257-1210
[email protected] www.marcusmillichap.com
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2014 Marcus & Millichap (Activity ID: V0130107 Property ID: 1924851)