17707 Studebaker Rd
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17707 Studebaker Rd
27,000 SF Office Building Cerritos, CA 90703 $6,635,000 ($246/SF) 8% Cap Rate
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
$6,635,000
Price Per SF
$246
Cap Rate
8%
NOI
$530,800
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,500 SF
Slab To Slab
11’
Building FAR
0.36
Land Acres
1.72 AC
Zoning
CEMC
Parking
118 Spaces (4.37 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Kitchen
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 7034-016-035 | Improvements Assessment | $4,334,114 |
| Land Assessment | $353,069 | Total Assessment | $4,687,183 |
PROPERTY TAXES
Parcel Number
7034-016-035
Land Assessment
$353,069
Improvements Assessment
$4,334,114
Total Assessment
$4,687,183
-
Kevin Romano -
Brandon Courtney
-
Bruce Romano
-
Inco Commercial Brokerage
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17707 Studebaker Rd
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