2149-2155 E Garvey Ave N - Office FOR SALE


West Covina, CA 91791
$6,000,000 USD
626-240-2788
2149-2155 E Garvey Ave N, West Covina, CA for Sale
$6,000,000 USD
Office - FOR SALE
1/18
null | 5.3% Cap Rate

2149-2155 E Garvey Ave N
West Covina, CA 91791


HIGHLIGHTS

  • Prime I-10 (San Bernardino) freeway frontage visibility to ±223,138 vehicles per day.
  • Building Signage Available.
  • Signalized intersection location.
  • Low maintenance professional property extremely well-maintained.
  • Two-story, multi-tenant freestanding Class B office building.
  • Visit www.2149-2155GarveyAve.com for more details.

OVERVIEW

Lee & Associates - Pasadena, Inc. is pleased to present this great opportunity to purchase the Hollenbeck Center located at 2149-2155 E. Garvey Avenue N., West Covina, California. Nestled near the San Gabriel Valley Mountains, this two-story, multi-tenant office building enjoys prime freeway frontage facing westbound San Bernardino (I-10) freeway with easy travel between three Southern California counties (Los Angeles, Orange, and San Bernardino). Ideally situated in a mature, dense suburban market, Hollenbeck Center sits on 1.37 acres of land and has been beautifully maintained and professionally landscaped. This low maintenance building is an excellent opportunity for an investor in the market for a value add potential asset. Nestled near the San Gabriel Valley Mountains, this two-story, ±27,891 SF, multi-tenant office building enjoys prime freeway frontage facing westbound San Bernardino (I-10) freeway, exposed to ±223,138 vehicles per day as well as provides easy travel between three Southern California counties (Los Angeles, Orange, and San Bernardino). Ideally situated in a mature, dense suburban market, Hollenbeck Center sits on ±1.37 acres of land and has been beautifully maintained, professionally landscaped and recently updated. Built in 1980, the building has a distinctive design following the curve along E. Garvey Avenue N. at Hollenbeck Avenue with over 590’ of street frontage, two curb cuts accessing the large parking lot at 3.1/1,000 SF and a highly visible signalized corner location. This low maintenance building is an excellent opportunity for an investor in the market for a value add potential asset.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollenbeck Center | West Covina

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

CN, West Covina

APN/PARCEL ID

8454-012-023

ASK ABOUT THIS PROPERTY

Christopher LarimoreLee & AssociatesMore Info
626-240-2788

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

Christopher LarimoreLee & AssociatesMore Info
626-240-2788

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