
555 First Street
Office | 56,162 SqFt
Marketing description
$400,000 PRICE REDUCTION. In addition to the sale price reduction, Seller shall provide Buyer with $250,000 allowance toward the cost of the partial demolition of the office improvements. Approximately 56,162 SF, fully sprinklered, industrial/flex building situated on ±103,542 SF (2.38 acres) lot, zoned M1-SF, in the business-friendly City of San Fernando, CA with City benefits. Building was built in 1983 and completely renovated in 2009 as the first green building in the area. The structure is concrete tilt-up exterior with reinforced concrete pilasters, steel pipe columns, steel I-beams with wood frame roof. The building is of high quality, in excellent and well-maintained condition. Clear height in the warehouse portion is 28'-30'. The power is 800 Amp, 277-480 V, 3 phase, 4 wire with an outside emergency power generator. Entire building including the warehouse and offices are fully sprinklered with a wet standpipe fire sprinkler system. There are 106 parking spaces or 1.89:1000 building area parking ratio. There are one ground level (16' w x 12' h) and one truck high (18' w x 15' h) loading positions with motorized metal roll-up doors. Formerly there was another loading door that was sealed off and replaced with an aluminum and glass frame tinted window. The building was recognized by the US Green Building Council as achieving the Leadership in Energy and Environmental Design (LEED) with Silver Certification. The Property is in close proximity to the 5, 118, 405, 210, 170 and 14 Freeways.
Investment highlights
- ±56,162 SF, single-tenant, fully sprinklered, industrial / flex building
- ±103,542 SF (2.38 acres) lot zoned SF-M1
- 1.89:1000 parking ratio, total of 106 spaces
- close proximately to 5, 118 and other major Freeways
- ±21,534 SF warehouse with skylights and 1 TH & 1GL doors
- ±34,628 SF office area including ± 3,521 SF executive office mezz.
- 800 Amp / 277-480 V / 3 phase / 4 wire, well distributed power supply
- 28'-30' height clearance in warehouse with skylights
- 1 ground level and 1 truck high loading positions
- power generator and transformer on site
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