200 E Del Mar Blvd - Office FOR SALE


Pasadena, CA 91105- Raymond Hill
$17,000,000 USD
213-532-3242
200 E Del Mar Blvd, Pasadena, CA for Sale
$17,000,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

200 E Del Mar Blvd
Pasadena, CA 91105
Raymond Hill


HIGHLIGHTS

  • Evergreen Office Center offers a rare opportunity to purchase a multi-tenant office building with 89% occupancy and a diverse tenant mix.
  • The property provides stable income with future rent growth potential due to its proximity to Huntington Hospital.
  • Features secure subterranean parking for tenants and visitors, along with on-site professional property management for leasing tenants.
  • Centrally positioned on Del Mar Boulevard, east of Arroyo Parkway.

OVERVIEW

200 E Del Mar Boulevard (“Subject property”) is an approximate ±55,837 square foot 3-story multi-tenant office building situated on ±1.10 acres in the City of Pasadena, CA. The subject property is conveniently located on Del Mar Boulevard with close proximity to Huntington Hospital and Old Town Pasadena. The property is within walking distance of key amenities, including restaurants, retail, and banks, and is just a 1-minute walk (0.10 miles) from the Del Mar Metro Station (Gold Line). Huntington Hospital and Old Pasadena are also nearby.

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Evergreen Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

PSC-

APN/PARCEL ID

5722-014-019

ASK ABOUT THIS PROPERTY

Shadd WalkerColliersMore Info
213-532-3242

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Shadd WalkerColliersMore Info
213-532-3242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.