4777 Irwindale Ave, Irwindale, CA 91706
91,781 SF | Office Building | Irwindale, CA 91706 | For Sale
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Sale Condition
- Ground Lease (Leased Fee)
- Property Type
-
Office
- Square Feet
- 91,781 SF
Listing Contacts
Michael Longo
Verified Profile
Barbara Perrier
Verified Profile
Jonathan Garrick
Verified Profile
Shirley Wetenkamp
Verified Profile
- Property Info
Property Overview
ACCEPTING OFFERS
7-Acre Industrial Redevelopment Opportunity, with an existing high-finish 92K SF vacant corporate office building
CBRE, Inc. is pleased to present the opportunity to acquire 4777 Irwindale Ave.,(the “Property”, or “Building”), a 7-acre industrial redevelopment opportunity. The existing 92K SF high-finish office building currently serves as excess corporate real estate for Southern California Edison (“SCE”, “Seller”), and will be delivered vacant. Current M1 zoning in the City of Irwindale permits a wide range of industrial uses. This is a rare opportunity to develop Class A industrial product in the supply constrained San Gabriel Valley.
The sale of the Property is subject to the approval of the California Public Utilities Commission in accordance with CA Pub Util Code § 851. The approval process is anticipated to take approximately 12 months after the execution of the accepted Purchase and Sale Agreement (“PSA”).
Irwindale has continually proven to be a strong industrial submarket with sub-2% vacancy over the last 10 years and recorded the highest net absorption out of all Greater LA submarkets in Q1 2024.
7-Acre Industrial Redevelopment Opportunity, with an existing high-finish 92K SF vacant corporate office building
CBRE, Inc. is pleased to present the opportunity to acquire 4777 Irwindale Ave.,(the “Property”, or “Building”), a 7-acre industrial redevelopment opportunity. The existing 92K SF high-finish office building currently serves as excess corporate real estate for Southern California Edison (“SCE”, “Seller”), and will be delivered vacant. Current M1 zoning in the City of Irwindale permits a wide range of industrial uses. This is a rare opportunity to develop Class A industrial product in the supply constrained San Gabriel Valley.
The sale of the Property is subject to the approval of the California Public Utilities Commission in accordance with CA Pub Util Code § 851. The approval process is anticipated to take approximately 12 months after the execution of the accepted Purchase and Sale Agreement (“PSA”).
Irwindale has continually proven to be a strong industrial submarket with sub-2% vacancy over the last 10 years and recorded the highest net absorption out of all Greater LA submarkets in Q1 2024.
Property Details
- Class
- B
- Year Built
- 2001
- Stories
- 2
- Lot Size (sq. ft)
- 304,049 SF
Highlights
- Excess corporate real estate for Southern California Edison with direct path to development
- M1 Zoning allows for industrial parks, warehouses and light manufacturing uses
- A+ Irwindale location with access to I-605, I-210 and I-10
- Highly efficient, large square land parcel with multiple points of access
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