Bristol Plaza

6167 Bristol Pkwy, Culver City, CA, 90230-6610, US

Description

JLL, as exclusive advisor, is pleased to present the unique

opportunity to acquire a 100% fee simple interest in Bristol

Plaza (the “Property”), a ±92,000 SF office building on a 2.61

acre parcel located in the dynamic Culver City market.

The Property sits on a generous lot, offering potential for

significant development and expansion, maximizing Property

value. With a count of 360 parking spaces, including a garage

and outdoor spots, this meets and exceeds average parking

needs, providing a rate of 3.9 spaces per 1,000 sq ft.

...

Caractéristiques de l'actif

Surface de l'actif Net

8 511 m²

Occupation

59 %

Année de construction

1982

WALT

5.8 années

Média

Points clés d'investissement

Strong Leasing Momentum: The Property demonstrates exceptional market appeal with positive leasing velocity, including a recent surge of 20% in leasing activity at the Property, reflecting strong tenant demand and strategic positioning within the competitive West LA market.

Optimal Suite Configuration: Tenant suites ranging from 3,000 to 15,000 square feet align perfectly with current market demand, creating a niche opportunity as competing supply consists of larger-scale offerings.

Diminishing Supply Advantage: Removal of competitive multi-tenant supply and Culver City’s new zoning rules driving multifamily development creates favorable market dynamics by constraining office supply while increasing local workforce population.

Strategic Playa District Connectivity: The Property benefits from its proximity to Playa Vista and the emerging Playa District, wherethe majority of Westside leasing momentum has concentrated, providing tenants access to this dynamic growth corridor.

Ample Parking: With a count of 360 parking spaces, including a garage with 149 covered stalls and outdoor spots, this meets and exceeds market parking needs, providing a rate of 3.9 spaces per 1,000 sq ft.

Prime Location: Within 15 minutes of downtown Culver City and Playa Vista, close to El Segundo, Santa Monica, and Century City. Immediate proximity to Westfield Culver City mall provides extensive retail and dining amenities.