2947 Bradley
2947 Bradley Street, Pasadena, CA, 91107, US
10 631 mètres carrés
Descriptif
JLL, as exclusive advisor, is pleased to present the outstanding opportunity to acquire Centerstone Plaza (the “Property”), a trophy suburban office campus consisting of three 2-story buildings, situated on 6.77 acres of land. Centerstone Plaza totals 107,339 SF and is currently 94.2% leased to a dynamic mix of high quality corporate tenants, with long historical occupancy (Over 25% of tenants have been at the property for 5+ years). The Property benefits from a high-density infill location with walkable amenities (two restaurants within 50 steps) and is surrounded by three (3) major retail centers with over thirty (30) restaurants, three (3) grocery stores, three (3) gyms and an abundance of neighborhood and business conveniences. Centerstone Plaza is also just a four (4) minute drive to the San Diego (I-405) Freeway and a six (6) minute drive to John Wayne Airport (SNA). Centerstone Plaza presents the exceptional opportunity to own an institutionally managed asset with stable in-place cashflow and strong tenant demand.
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Attributs
Superficie du bâtiment nette
9 992 mètres carrés
Occupation
94,2 %
Superficie du terrain brute
1 mètres carrés
Année de construction
1989
Année de rénovation
2024
Places de parking
480
VALSE
3.9 années
Colis
452-012-08 & 452-012-06
Zonage
Woodbridge (3.1) Multi-Use Zone
Média
Points forts de l'investissement
- Market-Leading Historical Occupancy with an average of 91% occupancy over the last 10 years
- Strong Historical Rent Growth attributing to a 4.06% CAGR over last 10 years
- Favorable Tenant Mix with no tenant making up more than 15% of the rent roll
- Growing Medical Presence making up 10.1% of the rent roll
- Minimal Capital Required with over $2 million spent in the last two years on bathrooms, HVAC/EMS upgrades, elevator modernizations and new roofs as of 2025
- Elite Suburban Campus with on-site restaurants and medical with highly affluent demand for strategic tenant mix serving the community (95th percentile on most visited office campuses in U.S., source Placer.ai)
- At 94.2% occupied, The Property is consistently 10% more occupied than its competitive set
Contactez les courtiers
Centerstone Plaza (0 Propriétés)
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Dernière mise à jour
15 juil. 2025
