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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
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
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9525 MONTE VISTA AVENUE | P. 2
PALO VERDE STREET
MONTE VISTA AVENUE
Property Aerial
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. 3
Assisted Living
PALO VERDE STREET
MONTE VISTA AVENUE
FREE
MON
T AV
ENUE
MedicalOffice
Building
Interior Photos
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9525 MONTE VISTA AVENUE | P. 4
Exterior Photos
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9525 MONTE VISTA AVENUE | P. 5
Floor Plans
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9525 MONTE VISTA AVENUE | P. 6
Suite 1Suite 2Common Area & Lobby
Floor Plans
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9525 MONTE VISTA AVENUE | P. 7
Suite 3Suite 4Common Area & Lobby
Permitted Uses
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9525 MONTE VISTA AVENUE | P. 8
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
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. 9
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
865 S Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | www.COLLIERS.com