420 S. Beverly DRIVE
BEVERLY HILLS, CA 90212
PRICE
$15,000,000
BUILDING SIZE
12,104 SF
LOT SIZE
10,982 SF
CAP RATE
PRICE/SF (BLDG)
PRICE/SF
(LAND)
4.83%
$1,239
$1,366
The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 420 S Beverly Drive, a 12,104 square foot medical office property situated on 0.25 acres of land (10,982 SF) located less than 0.1 miles south of the intersection of Beverly Drive and Olympic Boulevard in Beverly Hills, CA.
420 S Beverly is ideally positioned for an owner-user or investor Buyer looking for a medical office building in the heart of Beverly Hills. The property is currently 96.51% occupied principally by a variety of medical office uses. While the tenants are on leases with staggered expirations, all tenant leases have termination provisions to provide room for an owner-user upon as sale.
The subject property benefits from outstanding visibility with approximately 105 feet of frontage along Beverly Drive, Beverly Hill’s commercial thoroughfare leading directly into the Golden Triangle. Less than 0.1 miles south from the intersection of Olympic Boulevard & Beverly Drive, the site is positioned along the well trafficked corridor with more than 21,000 VPD and exceptional walkability (a walk score of 92, a “Walker’s Paradise”).
449 S Beverly Dr is ideally located in Beverly Hills, a city located in Los Angeles County, California. It is one of the most affluent and well-known neighborhoods in the world, known for its luxurious lifestyle, high-end shopping, and celebrity residents.