Listed by Economos Dewolf
$9,800,000
135 Columbia
Details
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 24,552
Tenancy Vacant
Lease Type Gross
Price per SqFt $399
Class A
Year Built 2000
Stories 2
Acreage 1.380
Parking Spaces 96 spaces
Parking Per SqFt 3.91
Investment Type Owner/User
Office | 24,552 SqFt
Marketing description
The HVAC units are in good condition and some units have been replaced. The roof is in good condition and has been maintained every year. Replacement may be necessary. Elevator served.
There are 96 parking stalls exclusive to this building for a parking ratio of ±4/1,000.
Investment highlights
- Low lease rate for comparable quality buildings at just $1.95/SF FSG and $2.50/SF FSG
- Priced to sell at $399/SF, this offering presents a compelling opportunity relative to comparable sales
- Easy-access location near the 73 Toll Road and just a few minutes from the 5 Freeway
- An owner-user can purchase this building and occupy over 51% of the property, qualifying for a 10% down SBA loan, and collect rental income from the occupied portion
- High-image lobby and an abundance of natural light throughout the building
- Partial or full medical conversion may be possible
- Building top signage is available with prime Aliso Creek Rd frontage
- Numerous restaurants and amenities are within the immediate vicinity, as shown on the amenities map
Listing Contacts
Listed by Economos Dewolf
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Zoning
BP-2 CommercialSpecial CommercialBusiness Park 2
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