Listing provided courtesy of Geoffrey Dewolf of Economos Dewolf, Inc.. Last updated 2024-05-13 08:44:03.000000. Listing information © 2023 CRMLS.
Asking Price: $11,195,000
556 Diamond Bar, Diamond Bar CA 91765
Community: 616 - Diamond Bar
Status: Active
This property was built in 1987 and is priced at $11,195,000. Please see the additional details below.
Asking Price of $11,195,000 ($237/sf). 97.2% occupancy and 6.00% cap rate. Three-story, 47,300-sf office building with parking for medical and office. High occupancy with below market rents and significant upside. Priced well below replacement cost; proforma cap rate of 8.36%. Prestigious two-story glass lobby with elevator and digital directory. State-of-the-art IT infrastructure including fiber optics. Centered between Los Angeles and Orange Counties and the Inland Empire.