2030 E Maple Ave - Office FOR SALE


El Segundo, CA 90245
$51,900,000 USD
415-310-7331
2030 E Maple Ave, El Segundo, CA for Sale
$51,900,000 USD
Office - FOR SALE
1/14
null | 8.59% Cap Rate

2030 E Maple Ave
El Segundo, CA 90245


HIGHLIGHTS

  • 2030 Maple is 100% leased with a weighted average lease term of 4.40 years.
  • Well Capitalized Tenancy
  • Recent, Significant Capital Investment
  • El Segundo is Business Friendly
  • Ample On-Site and Surrounding Amenities
  • Low-Rise Office Product is Significantly Outperforming Mid/High-Rise Product in the Market for Vacancy

OVERVIEW

Colliers presents the fee simple interest in 2030 East Maple Avenue, a 101,299-square-foot, single-story flex/office building in El Segundo, California. 100% leased, the property is the headquarters of three private equity-backed tenants with a weighted average lease term of 4.40 years. Prodege (43%) is a market research company that runs online surveys. In 2021, Prodege received private equity funding that valued the company above $1 billion. GoGuardian (30%) is a $1 billion-dollar software company that monitors K-12 school computers. In 2021, the company’s customer base grew by over 60%, expanding to more than 10,000 schools. Today, 1 in 3 K-12 students in the United States use GoGuardian software. Skyryse (27%) wants to make training pilots easier and make aircraft safer. The company has working software that automates part of a pilot’s job and reduces human error in the cockpit. In 2021, Skyryse raised $200 million to expand its operations. 2023 was the company’s highest revenue-producing year to date at $500 million. Recent tenant migrations to El Segundo and their comprehensive buildouts exemplify the creative office revolution, and 2030 Maple’s single-story design checks all the boxes. Employees are abandoning high-rise towers for low-rise, open-air office space. CONTACT THE DEAL TEAM FOR THE OFFERING MEMORANDUM.

FOR SALE DETAILS

PRICE

$51,900,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

8.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2030 Maple

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

319

LAND DETAILS

LAND ACRES

4.85 AC

LAND SF

211,266 SF

ZONING

CO

APN/PARCEL ID

4138-019-029

ASK ABOUT THIS PROPERTY

Sean FulpColliersMore Info
415-310-7331

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Sean FulpColliersMore Info
415-310-7331

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