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Newly Built Office Building in Resurgent West Adams Corridor FOR SALE OR LEASE CAROL SONG Associate Downtown Los Angeles Tel. 213.943.1853 [email protected] Lic. CA 01348993 EXCLUSIVELY LISTED BY ARIA POURNAZARIAN Associate Downtown Los Angeles Tel. 213.943.1874 [email protected] Lic. CA 01296828 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. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 PROPERTY HIGHLIGHTS MIKE MALICK First Vice President Investments Downtown Los Angeles Tel. 213.943.1910 [email protected] Lic. CA 01067781 New Office Construction (Near Completion) Three-Story with Large Office Area Unobstructed Panoramic Views Balconies and Skylights Private Access for All Floors On-Site Gated Surface Parking, Up To 30 Parking Spaces with License Plate Reader Entry Resurgent West Adams Location, Culver City Adjacent Less Than 1 Mile to Expo/La Brea Metro Station Easy 10 Freeway Access ADDRESS 5242 W. ADAMS BLVD LOS ANGELES, CA 90016 Price $7,750,000 ($516.66/SF) Rental Rate $3.00/SF Net Available Space 5,000 SF - 15,000 SF Year Built 2018 - Nearing Completion Number of Floors 3 Parking 25 - 30 Spaces Clearance Height 20’ - Floor to Ceiling Windows

PROPERTY HIGHLIGHTS - LoopNet€¦ · Marcus & Millichap is pleased to present for sale or lease 5242 West Adams Boulevard, Los Angeles, California. This new office building finishing

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Page 1: PROPERTY HIGHLIGHTS - LoopNet€¦ · Marcus & Millichap is pleased to present for sale or lease 5242 West Adams Boulevard, Los Angeles, California. This new office building finishing

Newly Built Off ice Building in Resurgent West Adams Corr idor

FOR SALE OR LEASE

CAROL SONG Associate

Downtown Los Angeles Tel . 213.943.1853

carol .song@marcusmil l ichap.com Lic. CA 01348993

EXCLUSIVELY LISTED BY

ARIA POURNAZARIAN Associate

Downtown Los Angeles Tel . 213.943.1874

aria.pournazarian@marcusmil l ichap.com Lic. CA 01296828

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. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future

performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018

PROPERTY HIGHLIGHTS

MIKE MALICK First Vice President Investments

Downtown Los Angeles Tel . 213.943.1910

mike.malick@marcusmil l ichap.com Lic. CA 01067781

► New Office Construction (Near Completion)

► Three-Story with Large Office Area

► Unobstructed Panoramic Views

► Balconies and Skylights

► Private Access for All Floors

► On-Site Gated Surface Parking,

Up To 30 Parking Spaces with License Plate Reader Entry

► Resurgent West Adams Location, Culver City Adjacent

► Less Than 1 Mile to Expo/La Brea Metro Station

► Easy 10 Freeway Access

ADDRESS 5242 W. ADAMS BLVD LOS ANGELES, CA 90016

Price $7,750,000 ($516.66/SF)

Rental Rate $3.00/SF Net

Available Space 5,000 SF - 15,000 SF

Year Built 2018 - Nearing Completion

Number of Floors 3

Parking 25 - 30 Spaces

Clearance Height 20’ - Floor to Ceiling Windows

Page 2: PROPERTY HIGHLIGHTS - LoopNet€¦ · Marcus & Millichap is pleased to present for sale or lease 5242 West Adams Boulevard, Los Angeles, California. This new office building finishing

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Marcus & Millichap is pleased to present for sale or lease 5242 West Adams Boulevard, Los Angeles, California. This new office building finishing construction is slated to be completed in the Fall of 2018. The property benefits with frontage on West Adams, and parking access from Redondo Boulevard and Cloverdale Avenue. The building features on-site gated parking for up to 30 vehicles, office balconies with panoramic views of the city skyline, and the opportunity to have the finishes built to buyer’s preferences. The building is demised into three stories with the following:

First Floor: • Large Showroom Area with Private Warehouse Space Measuring Approximately 2,200 Square Feet • Loading Access in the Rear for the Warehouse Second Floor: • Offices with Balconies Facing West Adams Boulevard • Tremendous Views to the South • Floor-to-Ceiling South Facing Windows Provide Abundant Natural Light

Third Floor: • Offices with a Bullpen and Creative Office Configuration with Great Views as well through the Balconies • Skylights and Balconies Facing West Adams Boulevard • Floor-to-Ceiling South Facing Windows Provide Abundant Natural Light

Features: • Five Restroooms • New Elevator Servicing All Floors • Private Access for All Floors • 1,600 Amps Servicing the Building • 25 Parking Spaces (Ability to Park Up to 30 Unassisted, Private and Secured Gate with Lighting and License Plate Readers) • Smart Building, Digital Build-out Wired Throughout • Quality Construction and Finish with Stones and Tile Surfaces • 20 Foot Clearance Height

All property showings are by appontment only. Please consult your Marcus & Millichap Agents for more details - Tel: (213) 943-1800

PROPERTY SUMMARY

Subject Adams Boulevard

Redondo Boulevard

5242 W. Adams Blvd