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1161 Parkview Dr 14,466 SF 48% Leased Office Building Covina, CA 91724 $4,999,999 ($345.64/SF)

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INVESTMENT HIGHLIGHTS

  • Freeway Visible Building Signage Opportunity
  • Fully Remodeled Property
  • Stand Alone Building/ No Association Fees

EXECUTIVE SUMMARY

Ideal opportunity for an Owner-User to occupy the entire second floor with prime freeway visible signage (first floor is fully leased to Paragon Systems and Zak Dental via leaseback).
Call for additional details: (909)418-2006 /steven.saunders@cbre.com

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
14,466 SF
Building Class
B
Year Built/Renovated
1983/2024
Price
$4,999,999
Price Per SF
$345.64
Percent Leased
48%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,233 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.73 AC
Zoning
CVE5 & PCD - Commercial Office/Medical
Parking
52 Spaces (3.59 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Paragon Systems
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

At Zak Dental, their Wellness³² Promise is to preserve, extend, and enhance the life of their patients natural teeth and gums. Their team (composed of dentists, hygienists, surgeons, and specialists) prioritizes their patient's complex oral health above all else. While each team member excels in their area of expertise, they work collaboratively to provide comprehensive care tailored to their patients. Their unique approach includes built-in second opinions and quality checks, ensuring accountability and excellence throughout their Wellness³² journey. They understand the financial concerns surrounding dental care, which is why they offer accessible membership plans, accept most dental insurance, and provide flexible financing options.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Paragon Systems Professional, Scientific, and Technical Services - - -
Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 200
  • 2,521 SF
  • Office
  • Full Build-Out
  • Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

  • 2nd Fl-Ste 230
  • 3,468 SF
  • Office
  • Partial Build-Out
  • Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

  • 2nd Fl-Ste 260
  • 1,344 SF
  • Office
  • Partial Build-Out
  • Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

Space Size Space Use Condition Available
2nd Fl-Ste 200 2,521 SF Office Full Build-Out Now
2nd Fl-Ste 230 3,468 SF Office Partial Build-Out Now
2nd Fl-Ste 260 1,344 SF Office Partial Build-Out Now

2nd Fl-Ste 200

Size
2,521 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 230

Size
3,468 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 260

Size
1,344 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 200

Size 2,521 SF
Space Use Office
Condition Full Build-Out
Available Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

2nd Fl-Ste 230

Size 3,468 SF
Space Use Office
Condition Partial Build-Out
Available Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

2nd Fl-Ste 260

Size 1,344 SF
Space Use Office
Condition Partial Build-Out
Available Now

“Promotional Rate valid only first 6 months for qualified tenants on 5 year lease. The rate shall revert back to $1.85/SF MG following the promotional period."

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8448-019-050
Land Assessment
$1,244,796
Improvements Assessment
$703,580
Total Assessment
$1,948,376
  • Listing ID: 35218264

  • Date on Market: 3/21/2025

  • Last Updated:

  • Address: 1161 Parkview Dr, Covina, CA 91724

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