This newer built Class A Office Building lies on a very well traveled secondary corridor on Aviation Blvd between Pacific Coast Hwy and Artesia Blvd. It has never been occupied since construction and is in stud framed condition on the interior requiring completion. Financial numbers are assumed at Modified Gross with Tenants paying all utilities, once completed, and assuming $3.50 per foot. The assumptions include around $800,000 to complete the interior, but interested buyers will need to gauge that for themselves depending on Tenant Improvements desired. At this price you could not replicate what is here, particularly with all of the time and energy involved to create a building that need only be finished up. The time savings alone in planning and production with the City are enormous. The contemporary facade provides an beautiful statement for any number of uses. There is a three stop elevator servicing the parking lot and the two interior floors. There are 23 parking spaces, which is incredibly rare for the area. The floor plan also lends itself to users looking for a prestigious environment, as well as investors looking for a solid long term hold, or even a quick flip given the price point. This asset has been priced to attract a lot of attention.
Listing courtesy of Robert Freedman from RE/MAX Estate Properties
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