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16680 Valley View Ave
La Mirada, CA 90638
Los Angeles Data Center · Industrial Property For Sale
Investment Highlights
- RARE 3% ANNUAL RENT ESCALATIONS
- This state-of-the-art facility was designed as an all-purpose data center and recently updated with enhanced systems in 2007
- MISSION CRITICAL LOCATION
- Cogent Communications, Inc.(NYSE: CCOI) boasts a market cap of $2.6 billion and reported revenues exceeding $520 million as of December 31, 2018
- This facility is one of only nine Cogent data centers located in the western U.S. and is essential in routing Cogent’s internet traffic
- BRAND NEW LONG-TERM LEASE | Cogent recently commenced on a brand new 15-year NN lease with two (2) additional 5-year options
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Data Center | Year Built/Renovated | 1982/2007 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.78 AC | Parking Ratio | 4.2/1,000 SF |
| Rentable Building Area | 16,180 SF | Clear Ceiling Height | 17’ |
| Zoning | M2-Heavy Industrial - Heavy industrial | ||
| Property Type | Industrial |
| Property Subtype | Data Center |
| Building Class | B |
| Lot Size | 1.78 AC |
| Rentable Building Area | 16,180 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1982/2007 |
| Tenancy | Single |
| Parking Ratio | 4.2/1,000 SF |
| Clear Ceiling Height | 17’ |
| Zoning | M2-Heavy Industrial - Heavy industrial |
About 16680 VALLEY VIEW AVE , LA MIRADA, CA 90638
The facility is operated by Cogent Communications, Inc., which recently commenced a brand new 15-year NN lease featuring above market annual rent increases of 3% throughout the initial term. Located in southeast Los Angeles County, the city of La Mirada is the halfway point between Downtown L.A. and Orange County, making it one of the most densely populated areas in the country. Insatiable demand and limited inventory have made it difficult to obtain existing improvements or developable land, as rents soar and vacancy remains extremely low.
Property Taxes
| Parcel Number | 7003-006-026 | Improvements Assessment | $4,843,883 |
| Land Assessment | $3,247,296 | Total Assessment | $8,091,179 |
Property Taxes
Parcel Number
7003-006-026
Land Assessment
$3,247,296
Improvements Assessment
$4,843,883
Total Assessment
$8,091,179
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