7200 greenleaf avenue
WHITTIER, CA 90602
PRICE
$11,150,000
BUILDING SIZE
38,974 SF
LOT SIZE
41,930 SF
CAP RATE
PRICE/SF (BLDG)
PRICE/SF
(LAND)
6.36%
$286
$266
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 7200 Greenleaf Avenue, a 38,974 square foot three-story multitenant office building situated on 0.96 acres of land (41,930 SF) on the SE signalized corner of Greenleaf Avenue and Wardman Street in the Los Angeles county submarket of Whittier, CA.
7200 Greenleaf Avenue is currently 100% occupied. The property is anchored by the Social Security Administration and a Wells Fargo branch bank, complimented by a variety of general office uses ranging from law firms, property management, and insurance offices as neighboring tenants.
The subject property is positioned as Whittier’s primary office location, central in the walkable uptown district with close access to a variety of lunch and dinner restaurant opportunities and shops. The site benefits from a multitude of ingress and egress options along both Greenleaf Avenue, Wardman Street, and via the alley bordering the rear of the property providing access to site parking.
Patrons of the property enjoy the subject property’s onsite podium parking structure, equipped with ninety-six (96) parking spaces, a parking ratio of 2.46 spaces per 1,000 SF. A buyer can elect to convert the parking to a paid system, adding an additional revenue stream to the existing income.