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11745 Firestone Boulevard $3,000,000

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11745 Firestone Boulevard Norwalk, CA 90650

  • 15,116 sq.ft.
  • 0.60 Acres
  • Commercial Sale
MLS# EV19012324 | Active
Days On Market: 38 0 Views
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Property Details

Ideal building for Medical Center, Physical Therapy, High-tech R&D. Recently renovated in 2015 with matching façade with newly constructed Wells Fargo, T.J. Maxx directly across Firestone Blvd. High profile sharp image building with an abundant power service (480 VAC @ 1,000 AMP) to handle MRI and other medical imaging equipment. One of the highest traffic areas of Norwalk with easy access to 5 FWY, 105 FWY, 605 FWY. Gateway to downtown LA and Orange County. Incorporated in 1957, Norwalk has a population of approximately 110,000 residents. Cerritos College, which has a student body of approx. 22,000 fulltime and part-time students. The city houses the Los Angeles County Registrar/Recorder within its borders. The office issues approx. 75,000 marriage licenses and processes 125,000 fictitious business names, and 2 million real and personal property documents annually. This translates into 2,000 customers daily, which boosts local economic activity and supports local businesses. Building not currently occupied. Pro forma Cap rate of 6.2 based on conservative NNN lease @ $2.88 / SqFt. This is an opportunity that will not last long on the market. CBRE 2018 U.S. Healthcare Capital Markets report lists this as the hottest commercial market in Southern California with an unmet and expanding demand.

  • General Features
    • County Or Parish Los Angeles
    • Industrial Type High Tech/R&D
    • Number Of Buildings 1
    • YearBuilt 1972
  • Building Features
    • Cooling Central,Heat Pump,Electric,Energy Star
    • Heating Central Furnace,Zoned,Forced Air,Natural Gas,Energy Star
    • Laundry Features None
    • Roof Composition
  • Property Features
    • Fencing Block
    • Lot Features 0-1 Unit/Acre, Lot 20000-39999 Sqft, Sprinkler System
    • Lot Size Acres 0.6
    • Topography Flat
    • Lot Size Dimensions 260' x 100'
    • Parking Total 38.00

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $3,000,000
1/16/2019 5:48:00 PM New in Database Source

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Based on information from California Regional Multiple Listing Service, Inc. as of 2/23/2019 6:21:45 PM. 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.