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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
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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