Newly Renovated Office
For Sale
Contact for pricing
Pending
1333 Mayflower Ave, Monrovia, CA 91016
Four-story surface-parked office with renovated common areas and 83.9% occupancy across 11 tenants.
Property Size85,760 SF
Days on Market122
Property Features for 1333 Mayflower Ave
General Information
Standard status
Pending
Size
85,760 SF
Property subtype
Office
Occupancy
84%
Additional Details
Traffic Count
270,000 vehicles/day
Building Details
Stories
4
Tenancy
Multi
Listing Agency:
CBRE - Orange County
(818) 502-6700
Listed By:
Bryan Johnson · License #02018612
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County
Investment Insights
Based on property information with market context.
This newly renovated low-rise office investment features a four-story, surface-parked office building totaling 85,760 square feet. Ownership has invested $4.6 million since acquisition in November 2018, updating the lobby, elevator cabs, common corridors, and restrooms. The building is currently 83.9% leased to 11 tenants, providing in-place income with a measured lease posture supported by reported metrics including 4.03 years of WALT and 60.9% of rentable area leased for terms of five years or more.
Reported lease and tenancy data indicate limited near-term rollover, with no more than 9.9% of the rentable area rolling in any year for the next four years. The largest tenant occupies 20.6% of the building with term through August 2026, while no other tenant occupies more than 11.8% of the rentable area. The property is reported as freeway-visible with approximately 270,000 cars passing per day.
Reported lease and tenancy data indicate limited near-term rollover, with no more than 9.9% of the rentable area rolling in any year for the next four years. The largest tenant occupies 20.6% of the building with term through August 2026, while no other tenant occupies more than 11.8% of the rentable area. The property is reported as freeway-visible with approximately 270,000 cars passing per day.
Key Highlights
- 85,760 SF, four‑story surface‑parked office building in Monrovia, CA.
- 83.9% leased to 11 tenants, providing in‑place cash flow with tenant diversity.
- Ownership invested $4.6 million since acquisition in November 2018 for renovations to lobby, elevator cabs, corridors, and restrooms.
Property Analytics
Property Profile
Current Use
Lease Details
270,000 VPD
Traffic count
83.9%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-story surface-parked office with renovated common areas and 83.9% occupancy across 11 tenants.
Where is this office building located?
The property is located at 1333 Mayflower Ave Monrovia, CA.
What are key features of this property?
This property features: 85,760 SF, four‑story surface‑parked office building in Monrovia, CA.; 83.9% leased to 11 tenants, providing in‑place cash flow with tenant diversity.; Ownership invested $4.6 million since acquisition in November 2018 for renovations to lobby, elevator cabs, corridors, and restrooms.
