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INVESTMENT HIGHLIGHTS
- Two-story, ±9,300-SF multi-tenant office building with signage available.
- Landlord termination options for all tenants; buyer can occupy any size.
- 29 surface parking stalls dedicated to this building.
- For Sale at $3,710,000 (±$399/SF).
- High-image office buildout with multiple conference rooms and offices.
- Highly acclaimed restaurants and amenities in the immediate vicinity.
EXECUTIVE SUMMARY
Two-story ±9,300 square foot office building built in 1988 on its own parcel totaling approximately 0.51 acres.
All of the leases can be terminated by landlord with sixty days notice.
According to the existing lease terms if an owner doesn’t want to exercise the termination options, an owner-user can occupy up to ±5,123 SF of the building by 10/31/2025. All leases are set to expire by 2/10/2027.
Complete rent roll available to qualified buyers upon request.
All of the leases can be terminated by landlord with sixty days notice.
According to the existing lease terms if an owner doesn’t want to exercise the termination options, an owner-user can occupy up to ±5,123 SF of the building by 10/31/2025. All leases are set to expire by 2/10/2027.
Complete rent roll available to qualified buyers upon request.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
9,300 SF
Building Class
B
Year Built
1988
Price
$5,132,377 CAD
Price Per SF
$551.87 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,450 SF
Building FAR
0.42
Lot Size
0.51 AC
Zoning
Office - Office
Parking
29 Spaces (3.12 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 352-131-05 | Improvements Assessment | $621,798 CAD |
| Land Assessment | $2,094,942 CAD | Total Assessment | $2,716,740 CAD |
PROPERTY TAXES
Parcel Number
352-131-05
Land Assessment
$2,094,942 CAD
Improvements Assessment
$621,798 CAD
Total Assessment
$2,716,740 CAD
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22485 La Palma Ave
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