Description
This property is breathtaking from the duel reception areas, high bow truss, sand blasted ceilings, exposed AC, designer lighting throughout, floor-to-ceiling glass for the executive offices, and architectural stand alone structure conference room/studio. The stand alone conference area makes a statement of majestic grandeur for the most important clients with cherry paneling and glass walls, integrated cinema and audio. The cubicles are unique with 40+ in total. The kitchen/bathrooms are beautifully done in detail. This building has it all in design to functionality. This building has been completely remodeled with new electrical system, plumbing system, and HVAC.
The ground floor is approx. 5,228 sq.ft. and the mezzanine is approx. 2,091 sq.ft. beautifully done with elements that bring the cubicle area to life. The Seller will lease back a portion or all of the building at $2.25/sq.ft.+NNN; Cap rate 5.5%, lease term to be negotiated. The property was originally 3 store fronts, each with their own electrical meter and can be converted back to this use. FREE City of El Segundo 200 car parking structure immediately abuts property, which allows for Retail, Medical and Office use.
Main Street and Grand Avenue. El Segundo, the city that invests in you. The 2nd highest concentration of Fortune 500s in the state of CA. With an unsurpassed business incentive program, low license taxes, leasing rates well below those of the City of LA, & a prime location adjacent to a major airport w/great access to freeways & the beach, El Segundo is the ideal spot to realize your business dreams. El Segundo has managed to attract the cream of the crop in aerospace, information technology, manufacturing, health care, oil refining, & other key industries. El Segundo boasts one of the region's lowest utility user tax rates; another of the many advantages to operating a business here. El Segundo not only standardly features some of the lowest business taxes in the region, but also offers exceptional tax credit incentives that can reduce those fees even further.
|
