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Encino Crossing I 6345 Balboa Blvd 58,239 SF 58% Leased Office Building Encino, CA 91316 For Sale
Investment Highlights
- Click link to download Offering Memorandum: https://bit.ly/encinocrossingbldgLN
- Ideal Medical Uses
- High-Image Owner-User Opportunity in Transit-Oriented Campus
Executive Summary
* UNIQUE TRANSIT-ORIENTED CAMPUS — ENCINO CROSSING
Adjacent to the Balboa Station along the Orange Line Busway, an 18-mile dedicated, exclusive right of way which directly connects the campus to the Los Angeles Metro mass transportation system.
* COMPELLING MEDICAL-OFFICE USES — The building’s floor plates are conducive to accommodating various suite sizes and maximizing window line. With a robust parking and a strategic ‘main-on-main’ location near the several hospital systems, the building is ideally suited for a variety of outpatient medical services including urgent care, ambulatory surgery, or specialized diagnostics.
* GIVEN ITS PROXIMITY TO A MAJOR PUBLIC TRANSIT HUB, THE CAMPUS QUALIFIES UNDER AB 2097 — Accordingly, the buildings can accommodate uses that require higher parking, such as medical, without needing a variance. There currently are no other buildings for sale in Encino that can accommodate a 20,000 SF to 60,000 SF owner-user.
* OWNER USER ADVANTAGE — As opposed to leasing space, purchasing this property can provide protection against future rental market uncertainty and interest rate hikes, offering occupancy cost control, tax benefits, and after-tax equity accumulation.
Ideal Medical Uses
* ± 58,239 RSF owner-user opportunity with medical adaptable space
* Medical-ready infrastructure with upcoming spec suites designed for healthcare users
* Prominent building signage opportunity along the Balboa & Victory corridors
* Opportunity to create a dedicated patient drop-off loop for convenience and safety
* Generous patient parking program available for high-volume practices
* Flexible floor plans built to accommodate growth and multiple specialties
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Food Service
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Energy Star Labeled
- Car Charging Station
- Monument Signage
- Outdoor Seating
- Air Conditioning
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Skirball Hospice
- Health Care and Social Assistance
- -
- -
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Lorem Ipsum
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Jan 0000
The nonprofit Los Angeles Jewish Home is one of the leading senior healthcare systems in America. We currently serve 6,000 seniors every year. Our mission is to deliver "excellence in senior care reflective of Jewish values." We provide care in your home, in our community, and on our campuses. We serve more than 5,000 people through in-your-home and community health programs, including our Brandman Centers for Senior Care, a Program of All-inclusive Care for the Elderly (PACE); Skirball Hospice; the Jewish Home Center for Palliative Medicine; our Care Transitions program; and our home health agency, Jewish Home Care Services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Skirball Hospice | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 120
- 2,468 SF
- Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 200
- 3,562 SF
- Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 205
- 1,755 SF
- Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 213
- 3,520 SF
- Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 218
- 910 SF
- Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 222
- 2,055 SF
- Medical
- Full Build-Out
- Now
- 3rd Fl-Ste 310
- 4,794 SF
- Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 105 | 1,648 SF | Medical | Spec Suite | Now |
| 1st Fl-Ste 110 | 1,467 SF | Medical | Full Build-Out | Now |
| 1st Fl-Ste 111 | 1,865 SF | Medical | Spec Suite | Now |
| 1st Fl-Ste 120 | 2,468 SF | Medical | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 3,562 SF | Medical | Full Build-Out | Now |
| 2nd Fl-Ste 205 | 1,755 SF | Medical | Full Build-Out | Now |
| 2nd Fl-Ste 213 | 3,520 SF | Medical | Full Build-Out | Now |
| 2nd Fl-Ste 218 | 910 SF | Medical | Full Build-Out | Now |
| 2nd Fl-Ste 222 | 2,055 SF | Medical | Full Build-Out | Now |
| 3rd Fl-Ste 310 | 4,794 SF | Medical | Full Build-Out | Now |
1st Fl-Ste 105
| Size |
| 1,648 SF |
| Space Use |
| Medical |
| Build-Out |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 110
| Size |
| 1,467 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 111
| Size |
| 1,865 SF |
| Space Use |
| Medical |
| Build-Out |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 2,468 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 3,562 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205
| Size |
| 1,755 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 213
| Size |
| 3,520 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 218
| Size |
| 910 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 222
| Size |
| 2,055 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 310
| Size |
| 4,794 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 105
| Size | 1,648 SF |
| Space Use | Medical |
| Build-Out | Spec Suite |
| Available | Now |
1st Fl-Ste 110
| Size | 1,467 SF |
| Space Use | Medical |
| Build-Out | Full Build-Out |
| Available | Now |
1st Fl-Ste 111
| Size | 1,865 SF |
| Space Use | Medical |
| Build-Out | Spec Suite |
| Available | Now |
Property Taxes
| Parcel Number | 2230-024-002 | Improvements Assessment | $10,619,726 |
| Land Assessment | $1,740,206 | Total Assessment | $12,359,932 |
Property Taxes
Contacts
-
Mark Shaffer -
Anthony DeLorenzo -
Gerard Poutier -
Grant Goldman -
Dylan Rutigliano -
Sean Sullivan -
Melissa Moock -
CBRE, Inc.
Presented by
Encino Crossing I | 6345 Balboa Blvd
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