109 Spring St
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109 Spring St
20,462 SF 100% Leased Office Building Claremont, CA 91711 For Sale
INVESTMENT HIGHLIGHTS
- Short Term Leases in Place
- ±1.93 ACRE HIGH DENSITY DEVELOPMENT OPPORTUNITY
EXECUTIVE SUMMARY
13 suites with various sizes between 660 sqft. and 5,520 sqft. Privately owned family partnership and has not pushed rents.98 parking spaces (5/1000) offering visitor and employee parking. Located in the heart of Claremont and adjacent to 6 Claremont Universities. Short Term Leases in Place. Excellent access to the 210, 10, 71, 57, and 15 freeways.MU2 Zoning (Allows High Density Residential and Mixed Uses).
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
20,462 SF
Building Class
C
Year Built
1970
NOI
$355,381
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
20,462 SF
Building FAR
0.35
Lot Size
1.34 AC
Zoning
MU2 - Allows High Density Residential and Mixed Uses)
Parking
71 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Commuter Rail
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 8313-023-025 | Improvements Assessment | $617,200 |
| Land Assessment | $363,158 | Total Assessment | $980,358 |
PROPERTY TAXES
Parcel Number
8313-023-025
Land Assessment
$363,158
Improvements Assessment
$617,200
Total Assessment
$980,358
CONTACTS
-
Todd Launchbaugh -
Trent Howland -
Lee & Associates Commercial Real Estate Services
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109 Spring St
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