1050310507 Valley Boulevard

  • El Monte

  • $12,300,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
SUBMIT OFFERS TODAY! Pacific Place is a commercial office plaza located in the city of El Monte. The property has a wide ±320 feet street frontage on the highly desirable Valley Blvd. Valley Blvd is considered the main and prime retail corridor for several cities (Alhambra, San Gabriel, Rosemead, and El Monte) in San Gabriel Valley and the flow of foreign capital and local investments have spurred rapid growth and new development in the past decade. The property has a ±50 ft (possibly higher) high monument sign that provides additional exposure. The traffic count for this location is averaging ±24,660 vehicles per day. The complex is situated on ±2.81 acres of land (±122,449 SF) in the Foreign Trade Zone, which provided an array of benefits for the business located on the zone, making it an ideal location for import/export businesses. The complex consists of 3 commercial buildings with shared parking area. Building 10503 is a ±11,453 SF single-story office building that is occupied by a single tenant on a long-term lease. Building 10505 is a ±49,987 SF two-story office building that is currently leased to multiple tenants. The north and east side of this building have loading docks with roll-up door. Building 10507 is a ±25,223 SF twostory office building that is leased to multiple tenants. Parking is provided by 189 parking spaces that are spread out between middle and sides of the property.
Essential
MLS #AR18142078
Price Per SqFt$136.30
Sub-TypeOffice
CountyLos Angeles
StateCA
Area619 - El Monte
StatusActive
Sale TypeStandard
Building StatusExisting
Land UseOffice
Listing BrokerageGIG Real Estate Inc.
Listing AgentJustin McCardle
Listing Agent BRE #01895720

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, August 3, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.