Los Angeles Office Building

Description:

Coldwell Banker Dynasty and ownership, La Cienega Partners, LLC, would like to present a 95,760, sq. ft, vacant office property for sale or Lease, directly located on the 405 freeway, 1.6 miles from the Los Angeles International Airport.

The property is a 95,760, sq ft, vacant office asset located 1.6 miles from the Los Angeles International Airport with a dynamic real estate presence. The asset has a cell antenna tower income of $17,200K per month and a potential signage income of 50,000K+ per month. This asset is a corporate staple for brand recognition and international exposure. To name a few, international companies such as Panda Express, Virgin Atlantic, Blue Cross Blue Shield, and Alaskan Airlines have had an opportunity to advertise on the property's super graphic wall exposing their brand to nearly 800,000 cars daily on the 405 & 105 freeways.
Ownership has a $3-4 million offer on the table for the sale of the cell antenna towers which can be passed along to new ownership. The super graphic wall income is $33-55k per month which 55 percent goes to ownership, but an aggressive marketing team can increase the revenue stream from $33k to $65k per month. New owners can immediately brand their corporate identity on the nation's busiest freeway (405 & 105) at a trophy location.

Ideal exposure for branding with an end user (visit www.chargenlounge.com concept project) and other potential uses. This property would be perfect for repositioning into market-rate housing, hotels, assisted living, skilled nursing facilities, owner-user property, affordable housing, student housing, or senior housing apartments. The property is perfect for a corporate end user or a mixed-use developer.


This is a trophy location! This means your brand exposure to 800,000 vehicles driven daily. No other facility will have the exposure power of this building. La Cienega Building’s prominent location ensures high visibility and easy access, making it an ideal choice for businesses looking to catapult their brand name exposure. The building is located 1.6 miles from LAX: Los Angeles International Airport and has excellent connectivity to major freeways.


For sale or lease. For sale $29M.

Master Lease: Lease as if you own the property!

ASKING Rent: $175,000/month. Lease term: 5 years, 3 percent annual increase. NNN Lease. 

6-story office building.

95,760 sqft 4,000 sqft super graphic wall exposure to appx. 800,000 vehicles daily Located appx. 1.6 miles from LAX airport.

Total parking 278 to 300 spaces 6 on and off ramps with access to 405 & 105 freeways within feet of the property.

$3.2B participation for federal funding available to build EV charging stations.

15,900 sqft. each expansive floor plate.

Ideal to be utilized as data centers, EV charging stations and showrooms, hospitality, medical facilities, and many more...

4,000, sqft, super graphic wall exposure to appx. 800,000 vehicles daily.

• $3.2B participation for federal funding available to build EV charging stations.

• 15,900 sqft each floor plate expansive floor plate ideal to be utilized as a showroom and lounge for captive EV charging.

• 6 on and off ramps with access to 405 & 105 freeways within feet of the property.

• Superb access from all freeway directions.