y000 9525 monte vista avenue montclair, ca€¦ · 9525 monte vista avenue | p. 1. property details...

9525 MONTE VISTA AVENUE MONTCLAIR, CA

MEDICAL/OFFICE BUILDING FOR SALE

COREY A. WAITE Senior Vice President License No. 01134516

+1 213 532 3262 [email protected]

ERIN SILVERTOOTHClient Services Specialist

License No. 01996584 +1 213 532 3271

[email protected]

PRICE REDUCED BY

$1,000,000

Asking Price: $4,500,000 ($225/SF)

$3,500,000 ($175/SF)

Executive Summary

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information included, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2016. All rights reserved.

9525 MONTE VISTA AVENUE | P. 1

PROPERTY DETAILSAddress 9525 Monte Vista Avenue | Montclair, CA

Building Type Medical/Office

Building/Land SF 20,000/52,808

APN 1008-651-15

Zoning AP - Administrative Professional (See page 6)

Year Built 1981

Construction Type Reinforced Concrete

Parking 116 Stalls (5.8/1,000 SF)

Signage Existing Building & Monument

Price ($4,500,000 ($225/SF)) $3,500,000 ($175/SF)

INVESTMENT SUMMARY9525 Monte Vista Avenue (“Subject Property”) consists of one,

two-story office building currently owned and occupied by the Girl

Scouts of Greater Los Angeles. The Subject Property, built in 1981, is

comprised of a total of approximately 20,000 rentable square feet

situated on approximately 52,808 square feet of land. The Subject

Property has a 5.80/1,000 parking ratio, which is both surface

parking and a two (2) story above grade parking structure. In the past

the building was used as a medical office building and still has some

of medical infrastructure including nursing stations, over standard

plumbing and lead encapsulated X-ray areas.

INVESTMENT HIGHLIGHTSThe Subject Property is in close proximity to the Foothill Freeway

(I-210) and the San Bernardino Freeway (I-10) which offers easy

access to other major freeways (i.e. 15, 71 & 57), and easily accessible

to public transportation including multiple OmniTrans locations. The

Subject Property is also located on the same block as the Montclair

Hospital Medical Center and in close proximity Kindred Hospital

Ontario and Kaiser Permanente Ontario. The Property will be delivered

vacant upon the close of escrow.

Property Aerial



PALO VERDE STREET

MONTE VISTA AVENUE

Property Aerial



Assisted Living

PALO VERDE STREET

MONTE VISTA AVENUE

FREE

MON

T AV

ENUE

MedicalOffice

Building

Interior Photos



Exterior Photos



Floor Plans



Suite 1Suite 2Common Area & Lobby

Floor Plans



Suite 3Suite 4Common Area & Lobby

Permitted Uses



The following uses shall be permitted in the A-P Zone provided that site plans are approved by the Planning Commission and provided, further, that no dwelling or other structure designed or intended for residential use shall be converted to or used for nonresidential uses:

A. Transportation, communications, and utilities:

B. Retail trades:

C. Services:1. Banking services,2. Business, and personal credit services,3. Security brokers, dealers, and flotation services,4. Insurance agents, brokers and services (including adjusters and the like),5. Real estate agents, brokers, and management services,6. Title abstracting and escrow services,7. Advertising services,8. Consumer and mercantile credit reporting services,9. Collection agencies, independent services on a contract basis,10. Physicians’ and Dental offices and services,11. Medical laboratory services, excluding manufacturing,12. Dental laboratory services,13. Medical clinics,14. Blood banks,15. Legal services, attorneys,16. Engineering services (consulting and research),17. Architectural services and building designers,18. Educational and scientific research services and facilities, nonprofit,19. Data processing services,20. Accounting, auditing & bookkeeping services, income tax services, and notary publics,21. Business associations,22. Professional membership organizations, and23. Civic associations, and

D. Cultural, entertainment, and recreational:

USES PERMITTED WITH PLANNING COMMISSION APPROVALThe following uses may be permitted by the Planning Commission if they are found to be compatible with uses surrounding an Administrative-Professional Zone:

Retail sales:A. Office machines;B. Office supplies;C. Office equipment;D. Restaurants (without alcoholic beverage sales);E. Drugstores, excluding super drugstores with variety goods;F. Prescription pharmacies;

USES PERMITTED SUBJECT TO CONDITIONAL USE PERMITSThe following uses shall be permitted in the A-P Zone subject to a conditional use permit:

A. Hospital and medical service organizations;B. Employment agencies;C. Professional schools;D. Vocational or trade schools (excluding barber and beauty schools);E. Correspondence schools;F. Language schools;G. Labor unions and similar organizations, including union halls.

Demographics



Population 1 Mile 3 Mile 5 Mile

2020 Population Projection 20,420 186,919 481,862

2015 Population Estimate 20,398 183,055 472,141

2010 Population Census 20,630 180,640 466,600

Households 1 Mile 3 Mile 5 Mile

2020 Households Projection 5,608 55,427 139,096

2015 Households Estimate 5,589 54,048 135,908

2010 Households Census 5,640 53,126 133,969

2015 Average Family HH Income $58,764 $62,791 $67,813

Ethnicity (2015 Est.) 1 Mile 3 Mile 5 Mile

2015 % White Population 55.59% 55.65% 55.41%

2015 % Black Population 4.69% 6.17% 5.37%

2015 % Asian 7.86% 7.50% 7.33%

2015 % Mixed 5.03% 5.01% 4.78%

2015 % Other 26.83% 25.66% 27.11%

Education (Age 25+) 1 Mile 3 Mile 5 Mile

Some School, no diploma 14.59% 12.20% 12.28%

High School Graduate / GED 27.15% 24.44% 24.54%

Some College, no degree 22.27% 22.72% 22.08%

Associate Degree 8.69% 6.80% 6.83%

Bachelor's Degree 9.70% 12.56% 12.69%

Master's / Prof / Doctorate 5.08% 7.71% 6.97%

Demographics source: Claritas 2016. All charts are based on the five-mile ring.

455,000

460,000

465,000

470,000

475,000

480,000

485,000

2010 PopulationCensus

2015 PopulationEstimate

2020 PopulationProjection

Population

455,000

460,000

465,000

470,000

475,000

480,000

485,000

2010 PopulationCensus

2015 PopulationEstimate

2020 PopulationProjection

Population

Ethnicity

White

Black

Asian

Mixed

Other

Education

Some School, no diploma

High School Graduate /GED

Some College, no degree

Associate Degree

Bachelor's Degree

COREY A. WAITESenior Vice PresidentLicense No. 01134516

+1 213 532 [email protected]

ERIN SILVERTOOTHClient Services Specialist

License No. 01996584+1 213 532 3271

[email protected]

865 S Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | www.COLLIERS.com

y000 9525 monte vista avenue montclair, ca€¦ · 9525 monte vista avenue | p. 1. property details...

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