Regional Corporate Flex
For Sale
$7,500,000
777 N Georgia Avenue, Azusa, CA 91702
Regional corporate flex building with fenced secure parking, a truck well, and three grade-level doors.
Property Size33,794 SF
Price / SF$221.93
Days on Market93
Property Features for 777 N Georgia Avenue
General Information
Standard status
Active
Size
33,794 SF
Total Parking Spaces
58
Property subtype
Office
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
3
Listed By:
Bob Harrison · License #CalDRE #00522448
(626) 720-1080
Source:
Www2.naicapital
Added: Jul 17
Changed: Aug 15
Last Checked: Aug 14 at 7:11AM
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 Bob Harrison
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Investment Insights
Based on property information with market context.
Regional corporate headquarters flex building totaling 33,794 square feet, with a corporate office area and flex functionality. The property includes 58 fenced, secure parking spaces, a truck well, and three grade-level doors. Clear height is listed at 24 feet.
The facility is designed for both office and operational use, supporting move-in and delivery needs through its truck well and grade-level loading configuration.
The seller has provided annual net operating income of $431,048, supporting consideration by owner-users and investors evaluating cash flow potential.
The facility is designed for both office and operational use, supporting move-in and delivery needs through its truck well and grade-level loading configuration.
The seller has provided annual net operating income of $431,048, supporting consideration by owner-users and investors evaluating cash flow potential.
Key Highlights
- 33,794 SF regional corporate office/flex building
- 58 fenced, secure parking spaces
- Truck well with 24' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$394,919
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,898,380
$7.9M
Cap Rate 7%
$5,641,700
$5.6M
Cap Rate 9%
$4,387,989
$4.4M
Market Conditions
NOI Build-Up for 33,794 SF
Gross rent
$600.2K $17.76/SF
− Vacancy
−$36.0K −$1.07/SF
EGI
$564.2K $16.69/SF
− OpEx
−$169.3K −$5.01/SF
NOI
$394.9K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,898,380
Cap Rate 7%
$5,641,700
Cap Rate 9%
$4,387,989
Alternative Uses
Best Use
Office B
$10.55M
$9.23M – $12.31M
NOI $738,710 @ 7.0% cap · market cap 9.85%
Second Best
Industrial
$5.64M
$4.94M – $6.58M
NOI $394,919 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$18.09M
$15.83M – $21.11M
NOI $1,266,522 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Tasty Tacos — N Alameda Ave, Azusa, CA 91702
- Keith's Kettle Corn — 200 W Foothill Blvd #3, Azusa, CA 91702
- Bashful Butler — 124 E Santa Fe Ave, Azusa, CA 91702
Frequently Asked Questions
What type of property is this?
Flex space - Regional corporate flex building with fenced secure parking, a truck well, and three grade-level doors.
Where is this flex space located?
The property is located at 777 N Georgia Avenue Azusa, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 33,794 SF regional corporate office/flex building; 58 fenced, secure parking spaces; Truck well with 24' clear height
