17707 Studebaker Rd
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17707 Studebaker Rd
27,000 SF Office Building Cerritos, CA 90703 £5,204,560 (£193/SF) 8% Net Initial Yield
Investment Highlights
- Leased to the County of Los Angeles since 1984
- High-Exposure, Freeway Adjacent Location Situated with Peak Visibility to 605 Freeway (223,000 Cars Per Day)
- 8% Cap Rate
- 118 Total parking Spaces Including Underground Secured Parking Structure (36 parking spaces)
- Quick Access to 605, 91, and 105 Freeways
Executive Summary
- ± 27,000 Sq. Ft. Freestanding Two Story Office Building
- Leased to the County of Los Angeles since 1984
- Underground Secured Parking Structure (36 parking spaces)
- 118 Total Parking Spaces
- High-Exposure, Freeway Adjacent Location
- Situated with Peak Visibility to 605 Freeway (223,000 Cars Per Day)
-Studebaker Rd (20,000 Cars Per Day)
- Quick Access to 605, 91, and 105 Freeways
- 8% Cap rate
- Sale Price: $6,635,000
* Buyer to verify all information contained herein*
- Leased to the County of Los Angeles since 1984
- Underground Secured Parking Structure (36 parking spaces)
- 118 Total Parking Spaces
- High-Exposure, Freeway Adjacent Location
- Situated with Peak Visibility to 605 Freeway (223,000 Cars Per Day)
-Studebaker Rd (20,000 Cars Per Day)
- Quick Access to 605, 91, and 105 Freeways
- 8% Cap rate
- Sale Price: $6,635,000
* Buyer to verify all information contained herein*
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
27,000 SF
Building Class
B
Year Built
1983
Price
£5,204,560
Price Per SF
£193
Net Initial Yield
8%
NOI
£416,365
Tenancy
Single
Number of Floors
2
Typical Floor Size
13,500 SF
Slab to Slab
11 ft
Building FAR
0.36
Land Acres
1.72 AC
Zoning
CEMC
Parking
118 Spaces (4.37 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Kitchen
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 7034-016-035 | Improvements Assessment | £3,399,722 |
| Land Assessment | £276,951 | Total Assessment | £3,676,673 |
PROPERTY TAXES
Parcel Number
7034-016-035
Land Assessment
£276,951
Improvements Assessment
£3,399,722
Total Assessment
£3,676,673
-
Kevin Romano -
Brandon Courtney
-
Bruce Romano
-
Inco Commercial Brokerage
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17707 Studebaker Rd
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